Bankruptcy Sale: U.S. Bankruptcy Court Southern District of Texas (Austin). Petition No. 24-10411 | In re: TBOTG Development, Inc.
On-Site Inspections: July 30, August 13, 27 & September 10, By Appointment Only
Bid Deadline: September 30 by 5:00 p.m. (CT)
Positioned along the crystal-clear Guadalupe River in the heart of Texas Hill Country, this 141.87± AC, shovel-ready development site offers one of the most coveted private waterfront opportunities in all of Central Texas. The property features plans for 13 remaining waterfront lots, 53 one-acre estate interior lots and 16 hillside cabins—all supported by paid-off Living Unit Equivalents (LUEs). These versatile residences benefit from over a mile of river frontage, dramatic bluffs, a 1.7-mile, cypress-lined walking trail and an HOA ready for activation.
Strategically located at the corner of FM 306 and the Guadalupe River, the site enjoys strong visibility, paved roads, a model sales office and public utility connections—providing a head start for residential and commercial development. Just under an hour from Austin and San Antonio, this property offers unmatched flexibility thanks to fee-simple ownership and unzoned designation.
As demand continues to outpace supply in the Canyon Lake area, opportunities like this are becoming increasingly hard to find. This site offers a rare chance to create something lasting—whether it’s luxury homes, resort-style residences, retail or mixed-use. With its prime location, natural beauty and existing infrastructure, this property is perfectly positioned for a developer looking to leave a meaningful mark in one of Texas’ most desirable growth corridors.