Canyon Lake Homes under $500,000

Canyon Lake Homes under $500,000

Welcome to Canyon Lake, Texas—a hidden gem nestled in the heart of Comal County. Known for its stunning natural beauty and vibrant community, Canyon Lake offers a unique blend of outdoor adventure and serene living. With its picturesque landscapes, sparkling waters, and rolling hills, it’s no wonder that this charming city has become a sought-after destination for homebuyers looking for tranquility, yet wanting to stay close to urban conveniences.

Canyon Lake is renowned for its recreational opportunities, including boating, fishing, and hiking, making it an ideal location for those who appreciate an active lifestyle. The surrounding parks and nature reserves provide ample space for outdoor activities, while the nearby Guadalupe River offers thrilling tubing and kayaking experiences. Plus, with an array of local shops, restaurants, and cultural events, residents enjoy a tight-knit community atmosphere that truly feels like home.

For those considering a move to this idyllic locale, there are plenty of charming homes available for under $500,000. From cozy cottages to modern family homes, you’ll find a diverse selection that caters to various tastes and budgets. Many of these properties boast stunning views and easy access to the lake, allowing you to embrace the outdoor lifestyle right from your doorstep.

Whether you’re a first-time homebuyer, looking to downsize, or seeking a vacation retreat, Canyon Lake offers an unparalleled living experience. Discover your dream home in this beautiful Texas city, where adventure and tranquility await!

Newest Canyon Lake Homes under $500,000

1091 Ewing Ct, Canyon Lake
$474,990
3 Beds ⋅ 2 Baths ⋅ 2024145 MLS
Panoramic Hill Country views and inviting outdoor living take center stage at this single story custom home loaded with upgrades. Situated on approximately 1.1 acres on a cul de sac in Devils Backbone Heights, this Canyon Lake retreat offers 3 bedrooms, 2 bathrooms, and an open layout designed for comfortable living and entertaining. Nine foot ceilings and wood look flooring complement the interior, while the kitchen features custom cabinetry, an island, breakfast bar, and pantry. Electronic blinds operated by remote add convenience to the main living area. The primary suite features a raised 10 foot ceiling, walk in closet, dual vanities, soaking tub, and separate shower. Sliding glass doors spanning 12 feet connect the living area to a spacious covered back patio with a stone fireplace and panoramic views of the rolling hills, creating an inviting setting for morning coffee or relaxing evenings. An oversized two car garage provides extra room for parking and storage, completing this Hill Country escape.

1091 Ewing Ct, Canyon Lake
1518 Lakeside Dr W, Canyon Lake
$450,000
2 Beds ⋅ 3 Baths ⋅ 2023718 MLS
1468 MOUNTAIN TOP LOOP CAN BE PURCHASED WITH THIS HOME. (SEE MLS # 2023241 FOR DETAILS) FANTASTIC LAKE VIEWS FROM INSIDE THE HOME AS WELL AS THE LARGE COVERED DECK OVERLOOKING THE LAKE. MODERN LAKE HOUSE WITH SECOND HOME IF YOU WISH WHICH CAN BE A SHORT-TERM RENTAL OR ADDITION DWELLING. THE LAKESIDE HOME IS UPDATED AND HAS A HUGE LIVING AREA WITH FIREPLACE, HIGH CEILINGS, TILE FLOOR AND MADE FOR ENTERTAINING. SELLER ALSO HAS A SMALL EATING AREA SETUP IN THIS ROOM BUT HOME DOES HAVE A LARGE DINING AREA MADE FOR YOUR BIG TABLE WITH LOTS OF WINDOWS TO TAKE ADVANTAGE OF THE FANTASITC LAKEVIEWS. THE KITCHEN FEATURES UPDATED STAINLESS STEEL APPLIANCE, LARGE WINDOW TO LIVING AREA SO YOU CAN BE PART OF THE PARTY AS YOU COOK, LOTS OF CABINETS AND LARGE STAINLESS-STEEL SINK. THE MASTER BEDROOM IS BIG WITH GREAT VIEWS OF THE LAKE AND A LUXURY BATH YOU CANNOT BELIEVE FEATURING A HUGE SHOWER WITH RAIN SHOWER HEAD, DOUBLE VANITY ON BIG COUNTERTOP AND A LARGE SOAKER TUB AND HUGE CLOSET. THE SECOND BEDROOM IS ALSO BIG WITH BATHROOM AND LOTS OF CABINET SPACE. THE MASTER IS ON THE LOWER LEVEL SO LOTS OF PRIVACY. THERE ARE TWO DRIVEWAYS ON THE PROPERTY AND A TWO-CAR DETACHED GARAGE. THE SECOND HOME IS A TWO STORY WITH LARGE TWO CAR ATTACHED GARAGE THAT COULD EASILY BE CONVERTED TO LIVING SPACE OR WORKSHOP. DOWNSTAIRS THERE IS A LIVING AREA AND PARTIAL KITCHEN. JUST ADD A SINK AND APPLIANCES AND YOU HAVE A COMPLETE KITCHEN. UPSTAIRS THERE IS A BIG BEDROOM, FULL BATH AND LIVING AREA BUT THE MAIN FEATURE IS THE DECK WITH THE BEST VIEW OF THE LAKE THAT YOU WILL FIND ANYWHERE. THE SELLER WILL SELL THE LAKESIDE HOME SEPARATE BUT NOT THE SMALL ONE. IT WILL ONLY BE SOLD WITH THE MAIN HOME UNTIL THE LARGER ONE IS SOLD. CORNER LOT AND LOTS OF PARKING. THESE HOMES ARE ON TWO SEPARATE LOTS AND ADDRESS, NOT ONE LOT LIKE PREVIOUSLY STATE ON PRIOR LISTING.

1518 Lakeside Dr W, Canyon Lake
130 Forest Mist, Canyon Lake
$224,900
1 Beds ⋅ 2 Baths ⋅ 2023622 MLS
Lakeview Gem in Canyon Lake - Endless Potential! Wake up to breathtaking panoramic lake views from the upstairs deck of this charming 1-bedroom, 1.5-bath home with 820 sq ft of cozy living space. Perfect as a vacation getaway or short-term rental investment, this property is truly move-in ready-but also offers incredible growth potential. Featuring a commercial-grade septic system designed to support up to seven rooms, there's room to expand or customize your dream lake home. Set on two lots totaling approximately 0.60 acres, you'll enjoy space, privacy, and easy access to boat ramps, parks, and recreation. This is one of Canyon Lake's best values!

130 Forest Mist, Canyon Lake
157 Deer Run Pass, Canyon Lake
$185,000
4 Beds ⋅ 3 Baths ⋅ 2023226 MLS
Room to spread out in the heart of the Texas Hill Country! This 4-bedroom, 2.5-bath manufactured home sits on an oversized corner lot with plenty of space inside and out. The open layout offers comfortable living areas and a functional kitchen, with the convenience of a half bath for guests. Step outside to an oversized backyard shaded by mature trees, perfect for relaxing, entertaining, gardening, or play. A corner lot means extra space and curb appeal. Enjoy the peace of Hill Country living with easy access to nearby amenities.

157 Deer Run Pass, Canyon Lake
146 Creekview Drive, Canyon Lake
$399,000
3 Beds ⋅ 3 Baths ⋅ 627515 MLS
Beautiful home in quiet Westhaven. This home sits on .36 fenced acres and is just a minute or two from the neighborhood lake front park. It features, primary bedroom downstairs, 2 1/2 baths, a new range, laundry room, spacious living room with fireplace, tile floors downstairs and carpet upstairs. It has a large flex room which could be a game room, office, bedroom, with other possibilities. A carport with a covered walkway, large trees for plenty of shade and it backs up to Ensenada Shores. Take the time to come see this gorgeous home for yourself.

146 Creekview Drive, Canyon Lake
146 Creekview, Canyon Lake
$399,000
3 Beds ⋅ 3 Baths ⋅ 2023097 MLS
Beautiful home in quiet Westhaven. This home sits on .36 fenced acres and is just a minute or two from the neighborhood lake front park. It features, primary bedroom downstairs, 2 1/2 baths, a new range, laundry room, spacious living room with fireplace, tile floors downstairs and carpet upstairs. It has a large flex room which could be a game room, office, bedroom, with other possibilities. A carport with a covered walkway, large trees for plenty of shade and it backs up to Ensenada Shores. Take the time to come see this gorgeous home for yourself.

146 Creekview, Canyon Lake
1655 Rocky Ridge Loop, Canyon Lake
$395,000
3 Beds ⋅ 2 Baths ⋅ 2023073 MLS
Welcome to a home that offers character, space, and a lifestyle that makes the most of everything Canyon Lake has to offer! Situated on a spacious 1-acre lot in Rocky Creek Ranch, this 3-bed, 2-bath property features an inviting open layout, granite countertops, beautiful cabinetry, and unique design touches that help it stand out from other homes in the neighborhood. The thoughtful details throughout give the home its own personality while creating comfortable spaces for everyday living and entertaining. Enjoy the added value and energy savings of paid-off solar panels, along with a partially fenced yard that provides space for pets, outdoor activities, gardening, or simply enjoying the privacy of your own property. The spacious back deck offers a great spot to unwind, entertain guests, or take in the peaceful surroundings.Living in Rocky Creek Ranch also means access to community amenities, including a neighborhood pool and park, providing even more opportunities to relax.

1655 Rocky Ridge Loop, Canyon Lake
146 Creekview Dr, Canyon Lake
$399,000
3 Beds ⋅ 3 Baths ⋅ 8606332 MLS
Beautiful home in quiet Westhaven. This home sits on .36 fenced acres and is just a minute or two from the neighborhood lake front park. It features, primary bedroom downstairs, 2 1/2 baths, a new range, laundry room, spacious living room with fireplace, tile floors downstairs and carpet upstairs. It has a large flex room which could be a game room, office, bedroom, with other possibilities. A carport with a covered walkway, large trees for plenty of shade and it backs up to Ensenada Shores. Take the time to come see this gorgeous home for yourself.

146 Creekview Dr, Canyon Lake
495 Kings Dr, Canyon Lake
$349,000
3 Beds ⋅ 2 Baths ⋅ 2022997 MLS
Enjoy Hill Country views and room to spread out on 2.2 acres in Emerald Valley with no HOA! This 3-bedroom, 2-bath home offers 1,368 square feet of living space, a double carport, and a storage shed. Recent improvements include a new roof, new HVAC system, and new ductwork, along with foundation and septic repairs. The spacious property offers plenty of room for outdoor enjoyment, gardening, or simply relaxing and taking in the views. Come explore the possibilities at 495 Kings Dr!

495 Kings Dr, Canyon Lake
767 Valley Oaks Dr Dr, Canyon Lake
$350,000
4 Beds ⋅ 2 Baths ⋅ 6958426 MLS
If you've ever watched a home renovation show and thought, "I want THAT house!"—this one might just be your happy ending! Welcome to 767 Valley Oaks, where farmhouse charm meets fresh, modern style. Completely renovated with a designer-inspired aesthetic, this adorable Canyon Lake home brings together the cozy character everyone loves with the updated look everyone wants. Think timeless finishes, inviting spaces, and that effortlessly stylish, modern farmhouse feel. It's the kind of home that makes you want to kick off your shoes, pour a cup of coffee, and stay awhile. Whether you're looking for a full-time residence or a Hill Country getaway, this little gem has personality to spare. All the charm of a farmhouse makeover without having to tackle the renovation yourself. Come see why this one is so easy to fall in love with!

767 Valley Oaks Dr Dr, Canyon Lake
1184 Summit Blf, Canyon Lake
$399,750
3 Beds ⋅ 2 Baths ⋅ 3814109 MLS
Nearly an acre in Canyon Lake, mature Hill Country trees, and room to breathe—1184 Summit Bluff offers the space buyers come to Canyon Lake looking for! This single-story 3-bedroom, 2-bath home also includes a dedicated office, giving you a flexible floor plan without sacrificing bedroom space. Inside, the home feels fresh and comfortable with ceramic tile flooring throughout, recent interior paint, a welcoming living room with fireplace, and an open layout designed for everyday living and entertaining. A new roof was installed in 2025, as well as upgraded soffit lighting, adding another important update to an already well-maintained home. Outside is where this property really shines. Set on approximately .97 acres with mature trees and Hill Country views, the backyard offers plenty of space to entertain, garden, play, or simply enjoy the wildlife and quiet surroundings. With no HOA, there is room to make the property your own. The property goes well beyond the fence line giving you room to build a workshop or casita. Located on the north side of Canyon Lake, you're just minutes from Canyon Lake High School, Potters Creek Park, nearby boat ramps, shopping and dining. Canyon Lake and the Guadalupe River are close enough to make lake days, boating, fishing and weekends on the water part of everyday life. If you've been looking for a Canyon Lake home with land, privacy, updates and a little more breathing room, 1184 Summit Bluff deserves a closer look. Refrigerator, washer/dryer and furniture can convey.

1184 Summit Blf, Canyon Lake
1452 Lakeview Dr, Canyon Lake
$449,000
4 Beds ⋅ 2 Baths ⋅ 9559302 MLS
STOP SCROLLING! If you’ve been looking for a Canyon Lake home with space for all the stuff that comes with living at the lake, this one gets it. With approximately 2,725 square feet, 4 bedrooms and 2 baths, 1452 Lakeview Drive offers plenty of room to spread out—plus an impressive amount of storage inside and out. At the heart of the home is a dramatic floor-to-ceiling limestone fireplace that gives the open living space some serious Hill Country character. The kitchen features solid quartz countertops, stainless appliances, a breakfast bar and a brand-new stove. The primary suite is downstairs with a walk-in shower, while upstairs you'll find an oversized secondary bedroom, spacious bath, new LVP flooring and even more storage, and huge walk in closet. The home also offers thoughtful accessibility features designed to make everyday living easier, including wide doorways for improved mobility, strategically placed grab bars, and a spacious roll-in shower. These features provide added convenience and flexibility while blending naturally into the home's design. In back you will find a huge 12' x 16' backyard shed, additional storage at the carport, storage above the carport, and a concrete slab ready for the boat, trailer, and toys. Recent improvements include a new water heater, whole-house water softener, reverse-osmosis drinking system, new carport and gutters. There is even a plug in ready for an RV. Best of all, you're super close to boat Ramp 7 is nearby, and neighborhood amenities include boat docks, a pool, playground and sport courts.

1452 Lakeview Dr, Canyon Lake
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