I have one that will be coming available soon near Grand Canyon Univ. that would be a good choice.

I have a 4/2 with pool in Phoenix near Grand Canyon Univ under contract.

Lake Powell recently declined to 3,525 feet (1,075 meters), the lowest level since the federal government dammed the Colorado River at Glen Canyon (located in northern Arizona) more than five decades ago.

I do not have as much knowledge in Canyon City, but just like everywhere else deals are out there if you look hard enough and are ready to hustle.  

Those who are builders

The clay pipe had broke and the water had eroded so much soil in the crawl it looked like the Grand Canyon!

Lead-up to '08' was sky-high prices being created be FAKE demand from a rampant flipper-market and home builder market fueled by what can't even be called "loose" lending policy because it was about as "loose" as the Grand Canyon, it was a shower of free-$ all one had to do was fog a mirror and lie, hence the term "Liar-Loans".

@Ramiro Scavo I do in SA, Schertz, New Braunfels, San Marcos, Seguin, Canyon Lake. 

yes indeed Jay, from American Canyon to Calistoga lots of remodel and new construction happening.

There is also Canyon Lake, another popular lake within 1 hour of Austin and San Antonio.