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13190 Fm 306
Canyon Lake, TX 78133
Mystic Quarry Resort · Specialty Property For Sale · 26,645 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class C
Lot Size 21.85 AC
Building Size 26,645 SF
No. Stories 1
Year Built 1984
Parking Ratio 0.19/1,000 SF
Zoning F1 - Improved Commercial

ABOUT 13190 FM 306 , CANYON LAKE, TX 78133

Mystic Quarry Resort is a high-end RV Park and Campground located in Canyon Lake, Texas. The park is nestled between the vibrant cities of Austin and San Antonio in Texas Hill Country. The park recently won the Accommodations of the Year Award in the large park category from the Texas Association of Campground Owners (TACO). This is awarded to the park with the best amenity and accommodation packages for their guests. Located just miles from Canyon Lake and the Guadalupe River, the resort offers a shuttle service for river-tubing. This is a unique opportunity to acquire higher-end RV Park in campgrounds in Texas in a prime location. Mystic Quarry Resort features 118 total sites spread out over 21.85 acres on one of the most popular tourist destinations in Texas. The lake is a popular spot for fishing, boating, swimming, and water skiing. The park features a large pool and clubhouse in the center of the community as well as hiking/biking trails and a variety of outdoor activities. Canyon Lake is known for it's crystal clear water, rolling hills, lush vegetation, and stunning views. The property was acquired by out-of-state buyers in July 2021 with a look back TTM revenue at that time of $1,800,000. Revenues have dropped significantly over the course of 2022 and 2023 from previous historical numbers primarily due to the lack of management oversight, added competition, drought that has lowered water levels on the river and lake, and understanding of the operational aspects of a transient RV Park. Parks in the surrounding area have not experienced nearly as extreme this revenue drop and are operating at or near 2020 levels. This is a remarkable opportunity for a buyer with institutional management experience in the RV space to significantly enhance revenues and operational efficiency. With a seasoned management approach in place, the owner can optimize all aspects of the park's operations. This includes streamlining booking systems, implementing data-driven pricing strategies, and enhancing customer experiences through tailored amenities and services. Ultimately, by leveraging institutional management, the owner can elevate the RV park's reputation, profitability, and overall performance in a market that is highly sought after. Restoring the park's revenues back to 2020 and 2021 levels is achievable with an experienced RV and Campground operator.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74-0388-0014-01
Land Assessment
$2,473,730
Improvements Assessment
$2,683,350
Total Assessment
$5,157,080
  • Listing ID: 33071890

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 13190 Fm 306, Canyon Lake, TX 78133

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