UPDATED:
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 2,470 sqft
Price per Sqft $323
Subdivision Maricopa Ranch
MLS Listing ID 1644456
Year Built 1940
Annual Tax Amount $5,325
Tax Year 2025
Lot Size 2.930 Acres
Acres 2.93
Property Sub-Type See Remarks
Source actris
Property Description
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
State TX
County Comal
Zoning None - Comal Appraisal D
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Carpet, Concrete, Linoleum, Vinyl
Fireplace No
Exterior
Utilities Available See Remarks, Cable Connected, Electricity Connected, Phone Available, Water Connected
Building
Foundation Combination, Pillar/Post/Pier, Slab
Sewer Septic Tank
Water Public
Structure Type Frame,Wood Siding,Stone,Stone Veneer
New Construction No
Others
Special Listing Condition Estate
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