Joe Reed

123 Elk Ridge

Canyon Lake, TX
$ 924,000 Beds 5 Baths 4.5 Sq 3,502 Virtual Tour
Monthly Estimate* How much can I afford?

TWO HOMES + 2,400 SQ FT WORKSHOP + ~5 ACRES = The ultimate Texas Hill Country family compound! Welcome to a one-of-a-kind property on 5.05 picturesque acres in desirable Eden Ranch. This estate offers 3,502 total sq ft of living space between two homes, a 2,400 sq ft workshop, and established infrastructure, making it ideal for multigenerational living, rental income, expansion, or a private Hill Country retreat. The renovated 2,302 sq ft main home features 3 bedrooms, 2 baths, a flex space, oversized 3-car garage, attached carport, and abundant storage. Built in 1995, it offers comfortable living with room for vehicles, recreational toys, tools, and more. Just a short stroll away, the 1,200 sq ft barndominium, built in 2020, features 2 bedrooms and 2.5 baths and is perfect for family, guests, or rental income. An adjacent storage shed with electricity provides additional workshop, hobby, or storage space. A charming walking trail connects the two homes, creating a special setup for multigenerational living while allowing everyone privacy. Two private electric gated entrances provide separate access, while each residence has its own 600-ft well, septic system, and electric meter for independent operation. A 2,500–3,000 gallon water storage tank adds convenience. The 60x40 workshop/barn has its own dedicated electric meter and offers flexibility for a business, equipment storage, hobbies, animal stalls, or future expansion. Outside the city limits, the property offers low taxes and minimal utility expenses. Eden Ranch has minimal restrictions and allows livestock, including horses and cattle (up to 1 head per acre; no hogs/pigs). Enjoy peaceful country living just 15 minutes from Gruene, Creekside, and Canyon Lake Dam, 17 minutes from Wimberley, 21 minutes from Downtown New Braunfels, and 23 minutes from TX State University. Acreage, multiple residences, independent utilities, privacy, and location make this a rare Hill Country opportunity!

Single Family

  • Price
  • $ 924,000
  • City
  • Canyon Lake
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • Comal
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 5.05 Acres
  • Zip
  • 78133
  • Sqr Footage
  • 3,502
  • Year Built
  • 1995
  • Style
  • MLS#
  • 621987
Listed By: Keller Williams Heritage
Data Source: Central Texas / Four Rivers Association of REALTORS® (CTXMLS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Mountain Valley Elementary Elementary School
Middle School Mountain Valley Middle School Middle School
High School Canyon Lake High School High School

Price History

8/20/2026 Listed $924,000

Property vs Zip Code Average in 78133

Price
AVG $630K
$920K
Year Built
AVG 2003
1995

In The Neighborhood

Areas That We Cover

123 Elk Ridge Canyon Lake, TX is a Single Family Home for sale at $924000 with 3502 sqft and a lot size of 5.05 Acres Acre(s). 123 Elk Ridge Canyon Lake has 5 bedrooms, 4 baths and was built in 1995. The property's zip code is 78133 which is in Canyon Lake, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Joe Reed

Joe Reed

REALTOR®

254-644-3686

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