ActiveResidential · sale

415 Frio Canon

Leakey, TX 78873

$3,250,000

  • 4 beds
  • 5 baths
  • 2,275 sq ft
  • 2.27 acres
  • Built 2014

Listed by Compass RE Texas, LLC · MLS #ACT9655457

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main cottage, bathed in light and wrapped in glass, features an expansive living room, 1 bedroom, 1.5 baths, and 1,625 SF of relaxed sophistication.

Details worth a look

A chef's kitchen with JennAir appliances, double ovens, and a six-burner range makes entertaining seamless, while the screened patio (an additional 310 SF) invites breezy outdoor living & dining.

Year built

Built in 2014.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Where the wild heart of the Hill Country meets refined riverside living, 415 Frio Canon Trail is a sanctuary designed for connection, reflection, and slow mornings by the water's edge. Nestled on 2.27 acres with 187 feet of private Frio River frontage, this collection of thoughtfully crafted dwellings brings elevated comfort to one of Texas's most coveted stretches of river. The main cottage, bathed in light and wrapped in glass, features an expansive living room, 1 bedroom, 1.5 baths, and 1,625 SF of relaxed sophistication. A chef's kitchen with JennAir appliances, double ovens, and a six-burner range makes entertaining seamless, while the screened patio (an additional 310 SF) invites breezy outdoor living & dining.
The bungalow serves as a serene standalone retreat, offering a large living room, a comfortable bedroom, and a beautifully appointed double vanity bath. A thoughtfully designed coffee bar with a built-in beverage fridge, sink, and microwave adds convenience to this private, primary suite. With soft natural light and tranquil views throughout, the bungalow creates an inviting hideaway that feels both connected and wonderfully private within the compound.
The guest cottage offers two fully independent guest suites, each with a spacious bedroom, a sleeping loft, and a private bathroom. A shared entry vestibule separates the suites and includes a well-appointed wet bar with a beverage refrigerator, sink, and microwave. Designed as a restful retreat with a shady front porch, this cottage provides guests with privacy, comfort, and thoughtful amenities throughout.
Outside, a manicured trail leads down to the river, where hammocks sway and the water glimmers beneath century-old cypress trees. The manicured waterfront dock provides access to the deep, flowing water of the Frio as well as views & sounds of the waterfalls. Additional amenities include a 395 SF shed with 220 SF carport, electric car charging station, water softener system, and a new HVAC (2025).

THE NEIGHBORHOOD

Explore the location.

415 Frio Canon, Leakey, TX 78873

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2014
Full baths
4
Half baths
1
Garage spaces
0
Cooling
Central Air
Heating
Natural Gas
Appliances
Bar Fridge, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Freezer, Gas Cooktop, Ice Maker, Microwave, Gas Oven, Double Oven, Stainless Steel Appliance(s), Warming Drawer, Water Heater, Tankless Water Heater, Water Softener Owned
Flooring
Concrete
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Frio Canon
Parcel
15230
HOA
Frio Canon
HOA amenities
Common Area Maintenance, Maintenance Grounds, Security
HOA fee frequency
Annually
Elementary school
Outside School District
Middle school
Outside School District
High school
Outside School District
HOA fee
$7,500.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$13,541.67
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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415 Frio Canon, Leakey, TX 78873 · MLS #ACT9655457

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Listing information

MLS #ACT9655457 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Nicole Kessler

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.