Canyon Lake Single Family Rental Portfolio — Sale in Canyon Lake, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Canyon Lake, TX 78133
Photos
Investment Figures
- Cap rate
- 6.13%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the exclusive listing of the Canyon Lake SFR Portfolio, a 20-home institutional single-family rental collection assembled across Canyon Lake and Spring Branch, Texas — two of the highest-growth lifestyle submarkets in the San Antonio–Austin corridor and the heart of Comal County, the third-fastest-growing county in the United States. Located within minutes of Canyon Lake itself — Central Texas's largest reservoir at 8,200acres and 80 miles of shoreline — the portfolio offers a rare opportunity to acquire scale in an SFR submarket characterized by severe rental supply constraint, no institutional competition, premium tenant demographics, and consistent year-over-year rent growth driven by both relocation demand from greater San Antonio / New Braunfels and lifestyle migration from Austin's exurban ring. The portfolio includes detached single-family homes and two casita units (auxiliary dwelling units), distributed across established neighborhoods within ZIP codes 78133(Canyon Lake) and 78070 (Spring Branch), providing a new owner with built-in diversification across street, neighborhood, and product type within a tightly held geographic footprint. Investment Highlights: • 20 Single Family Rental Homes in one transaction scattered throughout Canyon Lake / Spring Branch — a submarket with limited institutional SFR ownership and new rental supply • Opportunity to buy a pre-aggregated portfolio that would otherwise require years of one-off acquisitions in a market with no listing inventory at scale, providing immediate Day-One operating leverage • Opportunity to buy 8 more Homes/Casitas that are under construction currently. These will be finished by the end of the year.
Market Context
This multifamily in Canyon Lake, TX is listed for sale. It is offered at an approximate 6.1% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Canyon Lake, TX — view the full market.
Contact
- Ben Kalter · (210) 343-7809 · ben.kalter@marcusmillichap.com
- Drew Garza · (210) 343-7848 · dgarza1@ipausa.com
- Joseph Blanga · (512) 338-7833 · joseph.blanga@marcusmillichap.com
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