| George Arnold Alexander III, MPA |
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Canyon Lake: 5 Homes Sold in Two Weeks
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-29
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $316,000
4142 Morningside WAY, Canyon Lake TX 78133 · MLS #5340236
Listed at $299,900, 3 bed, 2 bath, 1,300 sq ft. Listed 3% below the ALEX valuation; 3% under the local price per sq ft; price reduced 5% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187531164/4142-Morningside-WAY-Canyon-Lake-TX
Lower-middle quartile: $316,000 to $400,000
231 Vip DR, Canyon Lake TX 78133 · MLS #9397797
Listed at $399,000, 4 bed, 2 bath, 2,080 sq ft. Listed 1% below the ALEX valuation; 19% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1179198735/231-Vip-DR-Canyon-Lake-TX
Upper-middle quartile: $400,000 to $735,000
190 Magnolia MDW, Canyon Lake TX 78133 · MLS #6359335
Listed at $484,000, 3 bed, 2 bath, 1,956 sq ft. Listed 5% below the ALEX valuation; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184868742/190-Magnolia-MDW-Canyon-Lake-TX
Upper quartile: $735,000 and up
1424 Cattail DR, Canyon Lake TX 78133 · MLS #3233626
Listed at $850,000, 3 bed, 2.5 bath, 2,816 sq ft. Listed 2% below the ALEX valuation; price reduced 11% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1164136320/1424-Cattail-DR-Canyon-Lake-TX
Key figures · Canyon Lake · rolling 6 months ending Sep 30, 2026
- 44 homes sold in Canyon Lake in the 6 months ending Sep 30, 2026 (up 22.2% on a year earlier).
- Median sale price: $420,000 (down 5.7% on a year earlier).
- Median price per square foot: $236.
- Median days on market: 70.
- Median sale price as a share of the original list price: 95.5%.
- 101 homes for sale now, about 13.8 months of supply at the pace of the last six months.
Source: Unlock MLS, ABOR-listed sales only, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Five homes sold in Canyon Lake between October 9 and October 22, 2026. The median close price for these transactions was $348,500, with a median price per square foot of $238.
ALEX Intelligence analyzed the recent sales activity to determine how quickly properties moved during this two-week window. Homes spent a median of 75 days on market before closing. In terms of negotiation, the final sale price reached 96.3% of the final list price, with only one of the five homes selling at or above its final asking price.
This snapshot reflects the latest supply and demand dynamics for the area. The data covers all closed sales recorded in this specific period, providing a real-time view of market velocity without projecting future trends.
The page lists the specific properties sold during this time immediately following this report.
Recently sold:
435 Nancy DR, Canyon Lake, TX · MLS #2077689
Sold Oct 13 for $1,000,000 after 41 days on market. 3 bed, 3 bath, 2,759 sq ft. Listed by Sullivan Hill Country Properti.
1525 Lakeside DR, Canyon Lake, TX · MLS #2729840
Sold Oct 22 for $600,000 after 41 days on market. 3 bed, 2.5 bath, 2,516 sq ft. Listed by Sullivan Hill Country Properti.
141 Arnold DR, Canyon Lake, TX · MLS #9359091
Sold Oct 20 for $348,500 after 94 days on market. 3 bed, 2 bath, 1,560 sq ft. Listed by Keller Williams Realty.
3055 Lakeview DR, Canyon Lake, TX · MLS #8735558
Sold Oct 13 for $342,500 after 75 days on market. 2 bed, 3 bath, 1,381 sq ft. Listed by Sullivan Hill Country Properti.
2872 Lakeview DR, Canyon Lake, TX · MLS #5052510
Sold Oct 19 for $334,200 after 171 days on market. 3 bed, 2 bath, 1,680 sq ft. Listed by Sullivan Hill Country Properti.
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing.
Coverage: most home sales in Canyon Lake are listed in another MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
Source data: Unlock MLS closed sales, ABOR-listed sales only, Oct 9 to Oct 22, 2026, n=5
Cover photo: Canyon Lake TX wide by unknown, Public domain, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










