Canyon Lake STR Portfolio | 4 Homes 185 Hidden Dr 4 Unité Immeuble d’appartements 1 533 811 $ CAD (383 453 $ CAD/Unité) 9,09% Taux de capitalisation Canyon Lake, TX 78133

Rare opportunity to acquire four newly constructed homes in Canyon Lake at a basis that is significantly below typical home prices in the area.
At approximately $275K per home, this offering allows investors to acquire four units for less than the cost of one typical Canyon Lake property.
Short Term Rental Opportunity:
The homes are configured for short term rental use and delivered vacant, allowing a new owner to complete final touches, furnish, and bring the portfolio online efficiently.
Market performance supports:
Nightly rates in the $200+ range
Typical occupancy of 40% to 50%
Stronger performance for well-positioned 3 bedroom homes
Revenue Profile (Annual)
Average: $30K to $40K per unit
Strong operator: $45K to $55K per unit
Top tier: $60K+ per unit
Portfolio potential:
$120K to $220K+ annual revenue
Estimated NOI: ~$75K to $130K+
Base case supports approximately $100K NOI (~$8K per month)
• Unit 1: 3 Bed / 2 Bath – 1,066 sq ft
• Unit 2: 3 Bed / 2 Bath – 1,490 sq ft
• Unit 3: 3 Bed / 2 Bath – 1,490 sq ft
• Unit 4: 3 Bed / 2.1 Bath – 2,104 sq ft