See Home Value
$425,000
● Land - Off Market

1028 FABLED WAY

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
square feet
62,290 Ft²
$3,166
Est. Monthly
$63
HOA / Fees
1.97%
Cap Rate

About This Property

Imagine owning a slice of tranquility in Peninsula at Mystic Shores- 1028 Fabled Way, a prestigious lot situated in a gated community that offers an unmatched combination of luxury and nature. This sprawling 1.43-acre waterfront lot is a blank canvas for your dream home, promising privacy, serenity, and the beauty of Canyon Lake right at your doorstep. The property boasts 151 feet of frontage and stretches back 416 feet, providing ample space for a custom-built residence that embraces the lush surroundings. The gentle terrain, dotted with mature trees, creates a sense of seclusion while offering panoramic views of the lake and the rolling Texas Hill Country. Start your mornings with breathtaking sunrises over the lake, take leisurely strolls through the neighborhood's serene pathways, and enjoy evenings where the stars seem just a little closer. With easy lake access, this lot is ideal for those who seek both relaxation and adventure-whether it's fishing, kayaking, or simply savoring the peace and quiet by the water's edge. The surrounding community in *Peninsula at Mystic Shores* features beautifully maintained homes and upscale amenities, creating an inviting atmosphere for those who value a harmonious balance between nature and refined living. This lot is more than a piece of land; it's an opportunity to build a lifestyle where each day feels like a retreat. Take this chance to make Peninsula at Mystic Shores your sanctuary, where you can create unforgettable memories surrounded by the timeless beauty of Canyon Lake.
Unit Size
62,290 Ft²
Days on Market
-
Land Size
1.43 acres
Price per sqft
$8
Property Type
Land
Property Taxes
$648
HOA Dues
$63
Year Built
-

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Last updated: 5 months ago (LERA #1816089)

Price History

Date / Event Date Event Price
Feb 21, 2025 Sold
Sold
Feb 20, 2025 In contract -
In contract
Oct 14, 2024 Listed by Phyllis Browning Company $500,000
Listed by Phyllis Browning Company

Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 62,291
  • Lot Size Depth Feet: 4,160
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PENINSULA AT MYSTIC SHORES 3 (THE)
  • Land Acres: 0000001430
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: PENINSULA AT MYSTIC SHORES 3 (THE), LOT 1572

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: SCIS ZZZ
  • Census Tract: 310609

Geography

  • Assessors Map Reference: 320-D8
  • Parcel: 138608
  • Lot: 1572
  • Municipality: SPRING BRANCH
  • Latitude: 29.8979
  • Longitude: -98.3105

    Address

  • Full Address: 1028 Fabled Way
  • Address - House Number: 1028
  • Address - Street Name: Fabled
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H003
  • 4-Digit Zip Code: 5483
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,639
  • Tax Rate Code Area: ES3

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 446,929
  • High Value: 534,798
  • Low Value: 359,060

    Market Valuation

  • Market Total Value: $415,840
  • Market Land Value: $415,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,784

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2005
  • Current Sale Recording Date: Aug 30, 2005
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 200506032687
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Canyon Lake


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Frequently Asked Questions

When was property at 1028 Fabled Way built and last sold?
The property at 1028 Fabled Way was built in and last sold on Aug 17, 2005 for $450,000.
How much is this home worth?
The estimated value of the home located at 1028 Fabled Way is $0.
What are some comparable homes to 1028 Fabled Way?
There are currently no comparable homes to 1028 Fabled Way.