Selected for the Terner Labs Housing Venture Lab

1564 Crossbow Dr, Canyon Lake, TX 78133

Active
Listed 104 days ago
Owner-Occupant Eligible
$850,000

About $4,392 a month to live here, after the rent from the other home.

House + ADU2,527 sqft3 beds2 bathsListed Jul 31, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$4,392a month

The second home on the lot rents for $1,265. We hold back $209 of that for repairs and an empty month, and the rest goes toward a $5,448 monthly payment.

Income to qualify: about $141,000 a year

With how much down?

At 20% down ($170,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $111,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$25,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

$400K+ IN UPGRADES BY SELLER! BRING OFFERS/GORGEOUS PROPERTY! Gorgeous, private single-story home set on 2.2 acres w/ breathtaking views of the surrounding hill country & Canyon Lake create this luxurious oasis for your family/friends to enjoy! Completely fenced lot with a beautiful custom electric iron gate entrance. STRs are perfect for this home as it is located close to Wimberley, New Braunfels, Gruene, Canyon Lake & the Guadalupe River, as well as a marina just across the way. A 40x80 concrete slab poured and ready for you to create a phenomenal B&B, STR, Casita, Barn or Workshop! This owner spared no expense upgrading & maximizing this gorgeous property, highlights include: paint exterior & interior, large custom carport, custom garage door to match the home’s beautiful front glass door, garage epoxy floor paint, new HVAC '23/24, water softener, alkaline water system, metal roof, solar panels (owned/pmt. contract), 40x80 slab ready for plumbing, massive landscaping endeavor, Closets By Design in Master, shed & horse shed w/ plumbing, and irresistible hot tub space (hot tub negotiable! Upon entering through the massive custom iron front door, your breath is taken away by the spacious open-concept living area, gourmet chef’s kitchen, large windows that provide panoramic views out the front, & large back patio. The gourmet kitchen boasts a large center island, tons of cabinets & beautiful contemporary finishes. The primary suite sits behind the main living areas with a luxurious ensuite bathroom +private access to the hot tub to soak in the amazing sunset views. Secondary bedrooms to the right & an additional living area with doors to a back patio and yard. Detached 2 car garage. The lot has been meticulously cleared/landscaped to maximize the space & views. This home has plenty of parking for all of your toys and vehicles with a custom Carport & garage. Local artist inspired decor! Note: inside photos from when owner occupied (now tenant decor). Tenant mo-to-mo.

House + ADU

Property Type

95,876 sqft

Lot Size

1998

Year Built

Listing Date: 07/31/2026

Listed by: Lisa Galloway

Listing office: Keller Williams Realty

Contact: (512) 450-4440

Source: Unlock MLS #ACT6402465

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$850,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$850,000
Your Down Payment$170,000
Financed$680,000
Estimated Monthly Payment$5,448

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($170,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$5,448/month
Principal + Interest
$4,077
Property Taxes
$991
Home Insurance
$380
Rental Income (1 Unit)
$1,265/month

From the listing description.

Rental Expenses
-$209
Cost to live here
$4,392/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT6402465 · Listing office: Keller Williams Realty

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.