785 Park Shores, Canyon Lake, TX, 78133
About This Home
Calling all investors and visionaries! This 2-bedroom, 1 bath WATERFRONT property on 1.51 ACRES is full of potential and ready for its next chapter. The home has good bones just needs cosmetic and updating. Open Concept with vaulted ceiling, wood burning fireplace, sliding glass doors on 2 sides leading out to deck for your morning cup of coffee. Untapped potential for additional square footage at ground level/walk out and the convenience of being located right next to boat ramp 22, making lake access quick and easy for boating, fishing and water recreation. Very nice spacious storage building with a yard that is fully fenced. This fixer upper offers an incredible opportunity to renovate, remodel or create the waterfront retreat you've always envisioned. Whether you're looking for your next investment project, vacation getaway or future primary residence, the possibilities are endless. Bring your imagination and make this diamond in the rough shine. Don't miss the chance to own waterfront property with stunning views at an exceptional value.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Pre-Owned
- Year built: 1978
Materials
- Foundation: Slab,Other
- Roof: Metal
- Construction materials: Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Texas Hill Country
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Electric Water Heater
- Laundry features: Washer Hookup,Dryer Connection
Bedroom2
- Area: 121
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Area: 90
Features
- One Living Area,Liv/Din Combo,All Bedrooms Upstairs,Open Floorplan,Ceiling Fan(s)
- Window features: Window Coverings
- Flooring: Laminate
- Number of fireplaces: 1
- Fireplace features: One,Living Room,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,736 sqft
Kitchen
- Area: 120
Living Room
- Area: 169
Master Bedroom
- Features: Ceiling Fan(s)
- Level: Upper
- Area: 110
Property
Details
- Parcel number: 12783
- Special condition: Probate Listing
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Deck
- Fencing: Privacy,Chain Link
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Lake Front,Other Water Access - See Remarks,Water Front Improved
- Waterbody name: Canyon Lake
- Residential vegetation: Mature Trees (ext feat)
Lot
- Lot size: 1.51 Acres
- Features: Irregular Lot,1 - 2 Acres
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Hail
- Lightning
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,174 | $26,088 |
| Home Insurance * | $221 | $2,652 |
| Property Taxes | $44 | $528 |
| Electricity | $238 | $2,859 |
| Total | $2,677 | $32,124 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $430,000 |
| 2026-07-01 | Listed for sale | $450,000 |
View on Zillow