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Thoughts on Canyon Lake, TX
I recently posed this same question regarding Lake LBJ & Lago Vista, but I was wondering if anyone has any experience with STRs in Canyon Lake, TX? I only have long term rentals and am looking at investing in a lake house to use myself a couple times a year, but to rent the rest of the time. So my questions are:
- What are the annual occupancy rates? Good or bad relative to other nearby
- What means to you use to come up with your nightly rates?
- Anyone using Evolve Vacation Rental management or other companies? TurnKey? Vacasa?
- What's your ROI? This number seems to be somewhat tricky to nail down.
- Are there better or worse areas to invest or watch out for, for whatever reason?
- Any tips or tricks?
Thanks for any and all advice and have a great week!