535 Twin Elm in Canyon Lake is the kind of property investors watch for because it offers multiple ways to win. Minutes from the lake and close to multiple boat ramps, this fixer upper sits on a .21 acre lot surrounded by trees and nature, giving it the quiet setting buyers and guests come to Canyon Lake for. The main home offers 1 bedroom, 1 full bath, and 1,016 square feet, plus a full size utility room inside. Out back, the detached 1 car garage adds even more upside with a studio apartment above, approximately 350 square feet with a full bathroom. Use it as a guest suite, long term rental, or short term rental, with an HOA that allows Airbnb style rentals. Bring your vision, renovate strategically, and turn this into a smart investment with income potential from day one.
Courtesy of Phyllis Browning Company
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