Unbelievable Commercial or Residential Opportunity! This 2.93-acre corner property sits at a lighted intersection on the SW corner of FM 306 and Maricopa Dr., right in the heart of Canyon Lake's Sattler community. Just across from Mountain Valley Elementary and only 0.4 miles from the Guadalupe's Horseshoe, Whitewater Amphitheater, and Camp Fimfo-all less than a minute's drive. The AADT on FM 306 just west of FM 2673 is 10,916 (2024), offering prime visibility and exposure. The Comal Appraisal District designates this property as Commercial, though it currently features a 2,470 SF structure built in 1940. Its layout suggests it may have once served as a lodge or small hotel, though it has been used as a single-family residence for the past 43 years. There are no zoning or deed restrictions, opening the door to endless possibilities for redevelopment. With approx. 324 feet of frontage on FM 306, the site is ideal for a variety of uses-commercial, hospitality, or residential. The existing structure could easily be repurposed into a restaurant, bed & breakfast, lodge, or boutique hotel, while the adjoining land could accommodate a new commercial building on the hard corner. Alternatively, the existing improvements could be removed to make way for a larger commercial development-or kept as a vintage, character-filled homestead on a spacious 2.93-acre tract. Property is part of an estate sale and will convey AS-IS with no seller's disclosures. Water service provided by Texas Water Co.; on-site conventional septic system replaced in 2019 (permit available). Don't miss this rare chance to secure one of Canyon Lake's most versatile and high-visibility corner parcels-the opportunities here are truly endless!
Location not available
Listing
Street
Satellite
Exterior Features
Style Two Story, Historic/Older, Texas Hill Country
Construction Two Story, Historic/Older, Texas Hill Country
Siding Metal, Other
Exterior Mature Trees, Wire Fence, Ranch Fence, Other - See Remarks
Roof Metal, Other
Garage No
Garage Description None/Not Applicable
Water Septic, Co-op Water
Sewer Septic, Co-op Water
Lot Description Corner, Irregular, 2 - 5 Acres, Partially Wooded, Mature Trees (ext feat), Level
Interior Features
Appliances Ceiling Fans, Washer Connection, Dryer Connection, Electric Water Heater, Private Garbage Service
Heating None
Cooling One Window/Wall
Basement Slab
Fireplaces Description Not Applicable
Year Built 1940
Stories Two
Neighborhood & Schools
Subdivision Maricopa Ranch
School Disrict Comal
Elementary School Mountain Valley
Middle School Mountain Valley
High School Canyon Lake
Financial Information
Parcel ID 740518000400
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.