$465,000
●
Land -
Off Market
TBD 1281 TRCT 3 Serenity
Fischer, TX 78623
Studio
0 Bath
$550,181
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Amazing and hard to come by, 13 UNRESTRICTED acres right on the
Devil's Backbone at Canyon Lake! Wake up to a cup of coffee as the
sun rises across your INCREDIBLE eastern Hill Country canyon views!
Gorgeous oaks canvass this recently cleared property with multiple
build sites for your dream home, second home, or SHORT TERM RENTAL!
Looking to explore? Check out the seasonal creek at the bottom of
your property or the amazing rock outcroppings that serve as its
headwaters. Located 15 minutes from downtown Wimberley, under 20
minutes from San Marcos, 15 minutes from river floating in New
Braunfels or Canyon Lake! An additional 10.5 acres available at
Tract 2. Owner/Agent
Unit Size
-
Days on Market
-
Land Size
13.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$217
HOA Dues
-
Year Built
2001
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (LERA #1611865)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by Compass RE Texas, LLC | $529,000 | |
| Listed by Compass RE Texas, LLC | |||
| Feb 10, 2022 | No longer available | - | |
| No longer available | |||
| Jan 14, 2022 | Listed by Option One Real Estate | $749,500 | |
| Listed by Option One Real Estate | |||
| | |||
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Beautiful large acreage is getting harder to find- this land has beautiful views and will be sure to intrigue you with all the possibilities; Hunting cabin, tranquil hideaway or buy and hold as a legacy property for future generations. Be sure to check out the drone footage and pictures to fully appreciate and understand why we say "Welcome to your countryside Get Away on 33.6 acres." This home is very unique Straw Bale construction, rainwater catchment water system. Open floor plan for this 2/1 home with 2 storage sheds and 2 car carport. The island kitchen has plenty of storage for all your needs. Covered porch where you can sit and enjoy the quiet and beautiful surroundings. Septic on property, however not used currently. You will love the peace and quiet this home offers with the gorgeous Hill country all around. You are close to Wimberley, Canyon Lake and San Marcos. video: https://www.youtube.com/watch?v=_kOnvPQExAE The manager has listed the unit size as 1204 square feet.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Canyon Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mario Barrett, Compass RE Texas, LLC
Last Updated: 6 months ago
Data Source: LERA, MLS# 1611865
Last Updated: 6 months ago
Data Source: LERA, MLS# 1611865
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