Canyon Lake, TX 78133 (Comal County)
About this property
2 HOMES + 60x40 WORKSHOP + ~5 ACRES OF FRESH AIR = the ultimate TX Hill Country family compound! Welcome to this one-of-a-kind property on 5.05 acres in desirable Eden Ranch. Offering 3,502 total sq. ft. of living space between TWO homes plus a 60x40 sq. ft. workshop, this property is ideal for multigenerational living, rental income, a home-based business, or private Hill Country retreat. The beautifully renovated 2,302 sq. ft. main home offers 3 bedrooms, 2 baths + flex space, an oversized 3-car garage, attached carport, and abundant storage. Just a short stroll away, the 1,200 sq. ft. barndominium offers 2 bedrooms and 2.5 baths—perfect for family, guests, or rental income. An additional shed with electricity provides extra storage or hobby space. A charming walking trail connects the homes. Imagine the grandbabies running down the path to GMa & GPa's house while everyone still enjoys their own space! Each residence has its own private electric gated entrance, well, septic system, and electric meter—an incredibly rare setup offering unmatched flexibility. A 2,500–3,000 gallon water storage tank adds even more practicality. Outside city limits means low property taxes and minimal monthly utility expenses. The 60x40 workshop/barn has its own electric meter and endless possibilities—equipment storage, hobby farming, animal stalls, or future expansion. Eden Ranch offers minimal restrictions, and livestock is welcome, including horses and cattle up to one head per acre. (No hogs or pigs.) And the location? Hard to beat! Approximately 15 min to Gruene Hall, Creekside Shopping & Dining, and Canyon Lake Dam; 17 minutes to Wimberley; 21 minutes to Downtown New Braunfels; and 23 minutes to TXST University. Whether you’re dreaming of a family compound, rental income, a home-based business, or simply spreading out under the Texas sky, this property offers a rare opportunity to do it all. TWO HOMES. 5 ACRES. A MASSIVE WORKSHOP. INDEPENDENT UTILITIES. HILL COUNTRY LIVING.
Property details
Location
About the Area
123 Elk Rdg is located in Canyon Lake, Texas, in Comal County. Comal County is one of the fastest-growing counties in the United States, anchored by New Braunfels, a city founded by German Prince Carl of Solms-Braunfels in 1845 whose heritage lives on in Wurstfest, historic Gruene, and the Comal and Guadalupe Rivers that draw millions of tubers and kayakers each summer.
The Comal River, the shortest river in Texas at just 2.5 miles, flows entirely within New Braunfels before joining the Guadalupe River. The Guadalupe River canyon through Canyon Lake creates dramatic limestone bluffs and one of the most scenic waterways in Central Texas. Canyon Lake reservoir sits in the northern part of the county.
Canyon Lake had an estimated population of 32,924 as of 2023. The 78133 zip code has a median household income of $80,777, a median home value of $300,100, and a median age of 50.3. The average household size is 2.35 people.
San Antonio and Austin metro growth has made Comal County a premier destination for suburban buyers seeking Hill Country character with urban access. Tourism centered on the rivers, Schlitterbahn waterpark, and historic Gruene Hall, the oldest continually operating dance hall in Texas, generates significant hospitality revenue alongside a booming residential real estate market.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Heritage.