1837 Colleen Drive, Canyon Lake, TX 78133

• 3 beds |
• 3 baths |
• 1,645 sqft

Property Description

INVESTOR MUST SEE! PROVEN STR! This unique, 4-level property features two separate housing units and offers endless possibilities—ideal for short-term rentals, additional income, or multi-generational living. Enjoy sweeping views of the lake, dam, and Hill Country. The lower level is a turn-key tiny home, completed in 2025. This custom unit includes a living room, kitchenette, bathroom, and bedroom area, with mini-split HVAC, granite countertops, soaring ceilings, and wood laminate flooring. The main home was completely remodeled in 2018–2019 and offers 2 bedrooms, a study, two full bathrooms, and an open-concept living/dining/kitchen area with 12-foot ceilings. The study overlooks the living space and could easily be converted into a fourth bedroom. A built-in gun safe is included. The modern farmhouse design is complemented by original rustic pine floors—no carpet—custom woven blinds, and a thoughtfully designed kitchen featuring butcher block countertops, open shelving, and classic subway tile. The dishwasher was replaced in 2024. The 4th level features a secluded bedroom with an en-suite bath and private balcony—perfect for taking in the million-dollar views. Recent updates include an HVAC system replaced in 2022 (with a 10/10/10-year warranty) and a full exterior repaint in 2024. Located in Village West Neighborhood, this home offers amenities including private, gated waterfront access to a cove with a tennis court, and a community pool just one lot away. Boat Ramp 2 is conveniently down the street. Appliances that convey include the main house washer, dryer, refrigerator, along with the tiny home's mini-fridge, hotplate, small oven, and microwave. Furniture and original artwork are negotiable. With ample space and flexibility, this well-maintained home is a must-see. Close to Whitewater Music Venue, Gruene Hall, and Downtown New Braunfels—30 mins to San Antonio and 1 hour to Austin. EZ Show!

Listing Status:

Active

Date Added:

February 17, 2026

Data Last Updated:

May 21, 2026 at 7:18AM

Listing Office:

Dwell Realty : (210) 355-5834

Listing Agent:

Kelli Rostvold : (210) 355-5834

MLS ID:

604859

Interior

• General: Built-in FeaturesCeiling Fan(s)ChandelierGranite CountersHigh CeilingsHome OfficeLow Flow Plumbing FixturesLiving/Dining RoomMultiple Living AreasOpen FloorplanPartially FurnishedSplit BedroomsShower OnlySeparate ShowerSmart ThermostatVanityBedroom on Main LevelCustom CabinetsFull Bath on Main LevelKitchen/Family Room ComboKitchen/Dining Combo
• Appliances: DryerDishwasherElectric RangeOvenRefrigeratorWater HeaterWasherSome Electric AppliancesMicrowaveRange
• Laundry: Washer HookupElectric Dryer HookupInsideLaundry ClosetIn KitchenUpper Level
• Flooring: HardwoodLaminateWood
• A/C: Central AirElectricOtherSee Remarks2 Units
• Heating: ElectricMultiple Heating UnitsOtherSee Remarks
• Fireplace: Family RoomMasonryFireplaceFireplaces: 1
• Eco/Green Feature: Low-Flow FixturesWater-Smart LandscapingHVACThermostat

Exterior

• General: BalconyDeck
• Style: CraftsmanHill CountrySplit LevelStiltTraditional
• Other Structures: BalconyDeck
• Pool: CommunityNone
• Parking: Attached CarportCarportOtherSee RemarksTandem

Construction

• Roofing: CompositionShingle
• General: Blown-In InsulationBoard & Batten SidingMetal SidingWood SidingThree Or MoreMulti/SplitCombinationPermanentPillar/Post/PierRaised

Location

• Road/Access: County Road
• HOA Amenities: 24.0Annually
• Originating MLS: CTEXAS_FRAR
• School District: Comal ISD
• County: Comal

Lot

• Topography: Rolling
• Zoning: CANYON LAKE VILLAGE WEST 2LOT 21214414
• View: HillsLakePanoramicWaterView
• Fencing: Back YardChain LinkPrivacyWood

Utilities

• Utilities: Cable AvailableHigh Speed Internet AvailableTrash Collection Private
• Water: Community/Coop
• Sewer: Septic Tank

Financial

• Source: CTEXAS_FRAR