Hill Country Short Term Rental $800k
1043 Ledge Path, Canyon Lake
ROI
24.40% IRR
Strategy
Short Term Rental
This property has operated as a profitable STR since 2020 and has averaged $129k per year for the last 5 years. All furnishings convey with the sale. Canyon Lake is a vacation destination an hour from Austin, an hour from San Antonio, 30 minutes from New Braunfels, and in the heart of Texas Hill Country with several large wedding venues nearby. HOA $2 (yes $2). Taxes $7235.
2020=$119k 2021=$165k 2022=$129k 2023=$129k 2024=$104k.
