Perched above Canyon Lake with sweeping hilltop views, this unrestricted retreat offers a rare opportunity to own a beautifully upgraded property with proven income performance grossing $160,000 in 2023 and $142,000 in 2024. Just minutes from a public boat ramp, the Guadalupe River, and Whitewater Amphitheater, the location is ideal for both recreation and revenue. The main residence showcases vaulted ceilings, fresh paint, updated HVAC, a tankless water heater, original hardwood floors in the living room, and custom remodeled bathrooms including a spa inspired, multi head shower system in the primary suite. The open concept kitchen flows into the large floor to ceiling windows of the living room, framing serene Hill Country wildlife views and creating a stunning gathering area for guests and family alike. Step outside to a wraparound deck with an outdoor kitchen, where cooling breezes and panoramic scenery set the tone for everyday relaxation. Over $200,000 in thoughtful capital improvements include a new metal roof, full gutter system, commercial grade pickleball court with lighting, high efficiency electric water heater, dual zone mini splits for the downstairs suite, fully installed playground, and an outdoor shower. Additional lifestyle upgrades include a 10 person cowboy pool with integrated heating and cooling, an oversized hot tub, custom outdoor lighting, a newly replaced retaining wall, newly built exterior stairs, septic risers, and illuminated address signage combining luxury, durability, and turnkey convenience. Versatile, Income Producing Layout A standout feature is the professionally converted 1948 Greyhound Bus (280 SF not included in total square footage) a glamping experience with privacy and unique character. Each rentable space is independently climate controlled, offering flexibility for short term rental income, multigenerational living, or private guest quarters. An adjacent 0.48 acre lot directly below the property is also available and can be purchased as part of a package deal expanding the opportunity for future development, enhanced privacy, or additional amenities or parking. No HOA. No restrictions. A one of a kind opportunity in the heart of the Texas Hill Country.