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1184 Summit BLF
About This Property
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.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2026 | Listed by Sullivan Hill Country Properti | $399,750 | |
| Listed by Sullivan Hill Country Properti | |||
| Sep 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 4, 2026 | Price Decreased |
$439,500
↓ $19K
(4.1%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$458,500
↓ $34K
(6.9%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by JB Goodwin, REALTORS | $492,500 | |
| Listed by JB Goodwin, REALTORS | |||
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Enjoy peaceful Hill Country living on the desirable north side of Canyon Lake. Situated on 0.97 acres, this well-maintained single-story home offers 3 bedrooms, 2 bathrooms, and a dedicated office, providing a functional layout for both everyday living and working from home. The interior features newly completed ceramic tile flooring throughout, with a new roof as of 2025, partnered with being recently painted, creating a clean, fresh, move-in-ready feel. The spacious living area is highlighted by a cozy fireplace, perfect for relaxing on cooler evenings. Step outside to a newly created backyard oasis designed for enjoying the natural beauty of the Texas Hill Country. With mature trees, frequent wildlife sightings, and plenty of room for additional outdoor amenities, the property offers an ideal setting for entertaining or unwinding in a private setting. Conveniently located near shopping, dining, grocery stores, local schools, marinas, and the recreational opportunities of Canyon Lake and the Guadalupe River. Enjoy easy access to nearby Hill Country destinations including New Braunfels, Spring Branch, Wimberley, and Texas Wine Country. Boat Ramps 17 and 18 are nearby, with Potters Creek Park just minutes away. This property combines comfort, convenience, and outdoor enjoyment in one exceptional Canyon Lake location. Fridge, Washer, and Dryer to convey with home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017