Canyon Lake Waterfront Homes For Sale

As of Spring 2025, we are at historic lows BUT Canyon Lake is Still Open, accessible, and fun! Known as the place "Where Water Sports are King," Canyon Lake boasts over 80 miles of shoreline covered with waterfront and waterview homes perched to take in the incredible views of the lake and the surrounding hillsides. The blue waters of Canyon Lake are among the clearest of all Central Texas Lakes. It is also the deepest of the lakes in this area with an average depth of 43 feet. Canyon Lake is a Corps of Engineers lake which does not allow for waterfront improvements, however these natural shorelines enhance the beauty of this amazing lake. Canyon Lake Real Estate offers some of the finest lakefront homes in Texas. Canyon Lake is most similar to Lake Travis, Lake Buchanan, and size wise to Lake LBJ. The lake is surrounded by the unique communities of Sattler, Startzville, Mystic Shores, and more so there’s a lifestyle match for everyone interested in living life by the lake. Also take a look at Canyon Lake Lots For Sale.

Real Estate Statistics

Average Price $1.2M
Lowest Price $299K
Highest Price $3M
Total Listings 58
Avg. Days On Market 119
Avg. Price/SQFT $395

Property Types (active listings)

Canyon Lake Waterfront Homes For Sale

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Homes for Sale on Canyon Lake in Canyon Lake, TX

$299,000

↓ $40,000

2004 Lakeland Drive 5a, Canyon Lake

3 Beds 2 Baths 1,120 SqFt Townhouse/Condo MLS® # 1894726S
Canyon Lake, 1928123S, Residential, 1216 Canyon Lake, Canyon Lake, TX, CANYON LAKE HILLS, , 78133

$398,000

↓ $1,900

1216 Canyon Lake, Canyon Lake

3 Beds 3 Baths 1,672 SqFt Residential MLS® # 1928123S
New
Canyon Lake Homes for Sale on Canyon Lake in the Zipcode of 78133

$450,000

785 Park Shrs, Canyon Lake

2 Beds 1 Bath 1,736 SqFt Residential MLS® # 1998173
Residential Real Estate for Sale located in the neighborhood of Astro Hills 2, on Canyon Lake in the city of Canyon Lake, TX

$460,000

↓ $20,000

901 Glenn Dr, Canyon Lake

3 Beds 2 Baths 1,400 SqFt Residential MLS® # 1225528
Canyon Lake Homes for Sale located at 620 Lake Island Dr, in the city of Canyon Lake, TX 78133

$460,000

↓ $29,000

620 Lake Island Dr, Canyon Lake

3 Beds 2 Baths 1,963 SqFt Residential MLS® # 9585851
 Real Estate - MLS # 577451, Residential real estate for Sale in Canyon Lake Island, MLS Listings # 577451

$460,000

↓ $29,000

620 Lake Island Drive, Canyon Lake

3 Beds 2 Baths 1,963 SqFt Residential MLS® # 577451
MLS Number 5826121 on Canyon Lake in the city of Canyon Lake Homes for Sale by Canyon Spgs Resort 4, the zipcode of 78133

$495,000

1130 Canyon Springs Dr, Canyon Lake

3 Beds 3 Baths 2,046 SqFt Residential MLS® # 5826121
Under Contract
Canyon Lake Homes for Sale on  in the Zipcode of 78133

$539,000

↓ $11,000

4343 & 4329 Morningside Way, Canyon Lake

3 Beds 3 Baths 2,366 SqFt Residential MLS® # 595589
Canyon Lake Homes for Sale on Canyon Lake in the Zipcode of 78133-3432

$550,000

↓ $40,000

925 & 913 Glenn Dr, Canyon Lake

3 Beds 3 Baths 1,720 SqFt Residential MLS® # 1816861S
New
MLS #597595 for Sale at 540 River Run, on  in the city of New Braunfels, 78132

$569,000

540 River Run, New Braunfels

3 Beds 2 Baths 1,172 SqFt Residential MLS® # 597595
New Braunfels Homes for Sale on Guadalupe River in the Zipcode of 78132

$569,000

540 River Run 301, New Braunfels

3 Beds 2 Baths 1,183 SqFt Townhouse/Condo MLS® # 1921503S
 Homes for Sale located at 1925 Glenn Drive, in the city of Canyon Lake, Texas 78133

$570,000

↓ $30,000

1925 Glenn Drive, Canyon Lake

3 Beds 2 Baths 2,204 SqFt Residential MLS® # 597231
MLS Number 1951097S on Canyon Lake in the city of Canyon Lake Homes for Sale by CANYON LAKE HILLS, the zipcode of 78133

$595,000

2135 Lakeview, Canyon Lake

1 Bed 1 Bath 885 SqFt Residential MLS® # 1951097S
Canyon Lake, 1908432S, Residential, 1359 Glenn Dr, Canyon Lake, TX, Astro Hills, , 78133

$595,000

1359 Glenn Dr, Canyon Lake

4 Beds 3 Baths 1,656 SqFt Residential MLS® # 1908432S
Canyon Lake Homes for Sale located at 1799 Lakeside Dr W, in the city of Canyon Lake, TX 78133

$629,900

↓ $20,099

1799 Lakeside Dr W, Canyon Lake

3 Beds 2 Baths 2,228 SqFt Residential MLS® # 5454718

Work With Canyon Lake Waterfront Specialists

No other agent or team sells more waterfront property on Canyon Lake than The Lakefront Group, and that position has been built over more than 20 years of sustained presence on one of Central Texas's most distinctive waterfront markets. Canyon Lake is the only Corps of Engineers lake in this area: no private docks, no boathouses, no waterfront improvements, just over 80 miles of natural Hill Country shoreline and some of the clearest, deepest water in the state. The current water level has given some buyers pause. Those buyers are missing something. The team at The Lakefront Group has attended the regulatory meetings, knows exactly what is driving the level down and what has brought it back before, and knows what this lake looks like when it is full. That knowledge changes the conversation.

Hunter Croan, owner of The Lakefront Group, has worked the Canyon Lake market for his entire 20-year career in real estate. When questions about the lake's water level started surfacing, Hunter obtained the recorded meeting with the Guadalupe-Blanco River Authority, the Texas Water Company, and the U.S. Army Corps of Engineers and meticulously analyzed it to get the facts directly from the source. He then wrote the definitive resource on what is actually happening and why. A recap of the key points from that meeting is available to watch below. For buyers trying to make sense of Canyon Lake in the current market, there is no better-informed guide.

Frank Baker has lived in the Canyon Lake area for 20 years and will tell you without hesitation that it is his favorite lake in Texas, not for the market, but for the views and the water color. Canyon Lake's clear, emerald-blue water and the surrounding Hill Country topography are, in his words, unmatched. That personal connection runs through every conversation Frank has with sellers on this lake. His 25-plus years as a Certified Residential Real Estate Appraiser also make him particularly well suited for a market where water level uncertainty has created pricing complexity. Frank knows what Canyon Lake properties are worth when the lake is full, when it is low, and everywhere in between.

Hagan Cohle is The Lakefront Group's buyer specialist on Canyon Lake and has a personal connection to this lake that predates his real estate career. He grew up in New Braunfels and his family had a lake house on Canyon Lake where he spent time throughout his childhood. That history gives him a different kind of familiarity with the lake, one built from years of being a guest and a visitor before he ever became an agent. His buyer database and track record of connecting Canyon Lake buyers with off-market and non-Zillow opportunities means buyers working with Hagan see properties that never surface in a standard search. If you are looking to buy on Canyon Lake, Hagan is your starting point.

More About Canyon Lake Waterfront Homes For Sale


Life by Canyon Lake

The communities surrounding Canyon Lake offer homes of various sizes at a range of prices. There’s something for almost everyone, from affordable condos with incredible views to sprawling mansions with easy access to the water’s edge. More than just homes are for sale in Lake Canyon; it's also about the lifestyle. The communities near the lake are close-knit and have a small-town charm. People often know each other by name, and many activities are sponsored throughout the year to help neighbors get to know each other even better.

Entertainment and Recreation

If you’re wondering just what there is to do near Canyon Lake, the answer is just about anything you can imagine. The lake itself provides almost endless activities, including fishing, boating, swimming, water skiing, and much more. You can enjoy these activities even in times of drought since Canyon Lake has shown minimal water level fluctuations. These communities also offer great events off the lake. There’s he Canyon Lake Barbecue Cook-Off in April and the North Pole Village, Christmas Parade, and the Parade of Lights on the Lake in December. Each July, the Independence Day Parade winds its way through Startzville, followed by a community lunch and incredible fireworks display.

In nearby New Braunfels, you’ll find even more great things to do. Known for its mixture of German and Texas Culture, this town boasts a vibrant nightlife and countless shopping venues, restaurants, wineries, and festivals, many with a German flair. Less than an hour from your Canyon Lake home is downtown San Antonio, with all the adventure and culture that this exciting city offers.

Canyon Lake Schools

Children of families looking to move into the Canyon Lake area will be attending schools in the Comal Independent School District. Students who live in Canyon Lake attend Bill Brown, Mountain Valley, Rebecca Creek, or Startzville for elementary school, Mountain Valley or Smithson middle schools, and Canyon Lake High School. There are also several private schools in the area, including the Trinity Charter Schools.

Canyon Lake Real Estate FAQs

Why is Canyon Lake's water level so low?

The short answer is drought. Canyon Lake has received less than one-fifth of its expected water inflow over the past five years, and the drought has been concentrated specifically over the watershed north of the lake where inflow actually originates. Evaporation, which can account for up to six feet of water per year, compounds the issue. No water is being sold off, no new contracts have been approved in over 20 years, and the agencies managing the lake have implemented Stage Four water restrictions. A video recap of the key points from the GBRA and Army Corps of Engineers meeting is available on this page. For the complete written breakdown, read Why Is Canyon Lake Level Low?


Should I still consider buying on Canyon Lake right now?

For buyers who understand the market, yes. Canyon Lake has filled rapidly before: twice in a single year in 2002, and again in 2004, 2010, and 2015. One significant rain event over the right part of the watershed can bring the lake back substantially in a matter of weeks. The lake is still open, still beautiful, and still boatable. Properties are currently available at prices that reflect the hesitation in the broader market, which means buyers who move now are positioned ahead of the competition and the pricing that follows when the lake returns to full pool.


Can you have a private dock on Canyon Lake?

Canyon Lake is managed by the U.S. Army Corps of Engineers, which does not permit private waterfront improvements including docks, boathouses, or permanent structures along the shoreline. This is one of the most important things buyers from other Central Texas lakes need to understand when evaluating Canyon Lake properties. The trade-off is that the natural shoreline requirement is a large part of what makes Canyon Lake as visually stunning as it is. Read more about Canyon Lake's unique ownership rules: Canyon Lake Flowage Easements and the 948 Line.


What is a flowage easement on Canyon Lake?

A flowage easement is a right held by the Corps of Engineers over a portion of land along Canyon Lake's shoreline, typically up to a specific elevation line known as the 948 line. Properties that sit within this easement area are subject to Corps jurisdiction and restrictions. Understanding how a specific property relates to the 948 line is one of the most important due diligence steps for Canyon Lake buyers. For a full explanation, read Canyon Lake Flowage Easements and the 948 Line.


How does Canyon Lake compare to Lake Buchanan?

Both are large, variable-level lakes that fluctuate with rainfall and drought, and both offer a more remote, nature-focused experience than the more developed Central Texas lakes. Canyon Lake sits much closer to San Antonio and New Braunfels and has a stronger water sports culture. Lake Buchanan is farther north and west, more remote, and is particularly well known for its fishing. For a detailed comparison, read Canyon Lake vs. Lake Buchanan.


What communities are around Canyon Lake?

Canyon Lake is surrounded by several distinct communities including Sattler, Startzville, and Mystic Shores, each with its own character, price range, and proximity to the water. Because no private docks are permitted, lake access and view quality vary significantly from one property and community to the next. Understanding those differences is a meaningful part of evaluating Canyon Lake real estate.


What should buyers know when comparing Canyon Lake homes?

The most important factors are view quality and orientation, proximity to and access to the water, elevation relative to the 948 flowage easement line, home condition and improvements, and current and historical water levels for the specific location on the lake. Because no private docks or boathouses are permitted, how a property sits relative to the shoreline and how it accesses the water becomes more important than on any other Central Texas lake. Read more: Costly Lakefront Buying Mistakes and Why a Waterfront Specialist Matters.

Find Your Own Canyon Lake Home Today

If you’re looking for an experienced Canyon Lake Realtor, contact the helpful folks at The Lakefront group. We specialize in Canyon Lake Waterfront and Waterview Homes for sale. We know the Central Texas lakes because we’re from this area. We know how to find our buyers the hidden gems that offer them high living in great communities. If you have questions about the area, like where to find the best BBQ or what times of year the lake is busiest, we have the answers. Contact us today to find just the right Canyon Lake home for you.

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