1837 Colleen Dr, Canyon Lake, TX 78133

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 20182019 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 c