ActiveResidential · sale

717 Riviera

Canyon Lake, TX 78133

$899,900

  • 3 beds
  • 3 baths
  • 2,128 sq ft
  • 0.21 acres
  • Built 2005

Listed by DWELLVERSE LLC · MLS #1963463

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The newly enhanced lower level now features a spacious 3rd deck complete with a high-top bar overlooking the backyard and Canyon Lake, the perfect spot for sunset cocktails, entertaining guests, or enjoying peaceful mornings with a view.

Year built

Built in 2005.

Property size

0.21 acres listed.

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

THE PROPERTY

Get to know the property.

THE LAKE IS FULL! USDA Eligible - FULLY FURNISHED with TONS of UPGRADES - Perfect Second Home or STR Investment! CANYON LAKE ACCESS + STUNNING VIEWS! Experience the best of lake living at this exceptional waterfront retreat in the heart of Canyon Lake. Blending Hill Country charm with modern elegance, this home offers breathtaking water views, peaceful surroundings, and a true escape from the everyday. Offered fully furnished (furniture negotiable) with stylish, high-quality furnishings and decor valued at approximately $25,000, this property is completely turnkey and STR-ready, making it ideal as a full-time residence, luxury second home, or income-producing vacation rental. Designed for entertaining and relaxation, the home features decks on all 3 levels with over 1,500 sq. ft. of outdoor living space showcasing stunning lake views. The newly enhanced lower level now features a spacious 3rd deck complete with a high-top bar overlooking the backyard and Canyon Lake, the perfect spot for sunset cocktails, entertaining guests, or enjoying peaceful mornings with a view. The property also offers improved and easier access to the Canyon Lake waterfront with added steps leading down toward the water. Recent upgrades include sleek glass railings, new TREX decking, and a brand-new 6-person jacuzzi, creating the perfect setting to unwind after a day on the lake. Enjoy evenings around the fire pit in the spacious backyard or launch your kayak or paddle-board right from your backyard for the ultimate lake lifestyle. The private lower-level primary suite offers its own deck and serene water views, creating a peaceful retreat. Upstairs, the open-concept living area and chef-inspired kitchen are filled with natural light from walls of windows, creating a bright and inviting gathering space. Two guest bedrooms with private patio access provide comfort and privacy for family and guests. With over $170,000+ in recent updates, this home offers luxury, comfort, and exceptional value. Located just 2 miles from public boat ramps and only 30 minutes to New Braunfels and Spring Branch. Furnishings are negotiable for buyers seeking a different price point. Owner financing available. This is one of Canyon Lake's most captivating waterfront properties, where unforgettable views, luxury upgrades, and lakefront living come together beautifully.

THE NEIGHBORHOOD

Explore the location.

717 Riviera, Canyon Lake, TX 78133

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2005
Full baths
3
Half baths
0
Cooling
One Central, Heat Pump
Heating
Central, Heat Pump
Flooring
Carpeting, Ceramic Tile, Wood
Exterior
4 Sides Masonry, Stone/Rock, Cement Fiber, Rock/Stone Veneer
Pool features
Hot Tub/Sauna
Subdivision
CANYON LAKE HILLS
Parcel
130225177800
HOA
CANYON LAKE HILLS
HOA amenities
Waterfront Access, Clubhouse, Park/Playground, Sports Court, Boat Ramp
Elementary school
Mountain Valley
Middle school
Mountain Valley
High school
Canyon Lake
Annual property tax
$12,525.00
HOA fee
$24.00

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$3,749.58
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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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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717 Riviera, Canyon Lake, TX 78133 · MLS #1963463

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Listing information

MLS #1963463 · San Antonio Board of Realtors

Listing brokerage: DWELLVERSE LLC
Listing agent: Elizabeth Vigil-Gafford

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