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Multifamily

Canyon Lake Single Family Rental Portfolio

505 Oaklane St, Canyon Lake, TX 78133

Listing Price: $5,400,000

Cap Rate
6.13%
Number of Units
20
GRM
13.03
Price/Unit
$270,000

Investment Overview

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.

Exclusively Listed By

Multifamily

Canyon Lake Single Family Rental Portfolio

Listing Price: $5,400,000

Cap Rate
6.13%
Number of Units
20
GRM
13.03
Price/Unit
$270,000

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.

Investment Overview

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.

Exclusively Listed By

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