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872 Ledgerock Dr
Canyon Lake, TX 78133
Canyon Lakeview Resort · Hospitality Property For Sale · 23,434 SF

INVESTMENT HIGHLIGHTS

  • Comprised of 6, 3-Bedroom, Cathedral Cabins and 1 Lodge Building totaling 22 Rooms
  • Steady Year-over-Year Revenue Growth
  • Close Proximity to San Antonio (44 Miles) and Austin (64 Miles)
  • Absentee Ownership, Upside for Owner Operator
  • Located on the Shores of Canyon Lake in the Texas Hill Country

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.55 AC
Building Size 23,434 SF
No. Stories 2
Year Built 1967
Parking Ratio 1.43/1,000 SF
Corridor Exterior
Zoning COM

AMENITIES

  • Balcony
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Multi-Room Suites

ABOUT 872 LEDGEROCK DR , CANYON LAKE, TX 78133

Property Overview: The Canyon Lakeview Resort is an independently-branded retreat destination for travelers. The property is comprised of one lodge suite of 16 units each with a fully outfitted kitchen and flat-screen televisions. There are six cathedral-style private cabins that feature fully outfitted kitchens, a fireplace and dining areas, living rooms, private hot tubs, private decks with tables, and flat-screen televisions. There is also a 40-foot x 40- foot conference center with a catering kitchen and covered deck. Other resort amenities include a laundry room, gas/charcoal grills, seasonal pool, white sand beach volleyball court, horseshoe pit, and fishing access. Location Overview: Canyon Lake, Texas sits in the midst of "The Texas Hill Country" and noted as the Water Recreation Capital of Texas, nearly equal distance between San Antonio (44 miles) and Austin (64 miles). Canyon Lakeview Resort is strategically positioned at 827 Ledgerock Drive on one of the lake's peninsulas making this a sought-out location for lodging. The lake is 80 miles of shoreline and 8,240 surface acres engulfed with nature-rich coves popular for hiking, swim beaches, boat rentals, and paddling trails on the Upper Guadalupe River. During the winter and spring months, travelers visit the Rainbow Trout fishing below the Canyon Dam which makes for a year-round destination to this drive-to market for thousands of visitors. Highlights for the region include Dry Comal Creek Vineyards, the Heritage Museum of the Texas Hill Country, home to over 300 dinosaur tracks, and the Whitewater Amphitheater for live entertainment. Other nearby attractions include Schlitterbahn Water Park, SeaWorld of Texas, Fiesta Texas, and Guadalupe River State Park.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13-0225-1286-00
  • 13-0225-1292-00
  • 13-0225-1294-00
  • 13-0225-1293-00
Land Assessment
$1,242,250
Improvements Assessment
$407,768
Total Assessment
$1,650,018
  • Listing ID: 22913070

  • Date on Market: 5/4/2021

  • Last Updated:

  • Address: 872 Ledgerock Dr, Canyon Lake, TX 78133

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