180 Deveraux, Canyon Lake, TX 78133

Investor's Dream Near the Lake - Income Potential Galore! Don't miss this rare opportunity to own a versatile three-story home on nearly 1 acre (0.96 acres) spread across three lots, just minutes from the lake! Perfect for investors or those looking to house hack, this property offers dual living potential with 5 bedrooms and multiple income-generating options. The bottom level features a separate entrance, a full kitchen, and private living space-ideal for a rental unit, in-law suite, or Airbnb. The second and third floors offer a spacious layout with 2 bedrooms and 2 bathrooms, providing additional rental or owner-occupied options. A 700 sq. ft. shop on the property adds even more value for storage, hobbies, or potential rental income. One of the three lots could be subdivided and sold separately, offering extra return on investment. This is a unique find with plenty of upside, just a stone's throw from the lake. Live in one unit and rent the other, or maximize your cash flow by leasing both!