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Canyon Lake 78133 South Canyon Lake
159 CALM WATER
$200,000
● Land - Off Market

159 CALM WATER

Canyon Lake, TX 78133
bedrooms
Studio
bathrooms
0 Bath
$227,608
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Corner 2 acre lot located in Blue Water Estates subdivision just minutes from Turkey Cove Boat Ramp on the south side of Canyon Lake.  Two 1 acre tracts with mature trees and beautiful oak trees.  Lot is totally fenced. Across from waterfront so there is a possibility of a 2nd story lakeview.   Plenty of room to build your new home...1400 min sq ft, 40% masonry. Lots are not platted together...build on one lot and keep the other for privacy or resale. Deed restrictions and survey on file.  No HOA.
Unit Size
-
Days on Market
-
Land Size
2.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$300
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 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: 5 months ago (LERA #1584051)

Price History

Date / Event Date Event Price
Jun 2, 2022 Sold
Premium
Sold
Jan 28, 2022 Listed by Classic Hill Country Realty $225,000
Listed by Classic Hill Country Realty

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

    Dimensions

  • Lot Size Square Feet: 43,996
  • 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: V
  • Subdivision: BLUE WATER ESTATES 2
  • Land Acres: 0000001010
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: BLUE WATER ESTATES 2, LOT 4

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310613

Geography

  • Assessors Map Reference: 356-B6
  • Parcel: 5001
  • Lot: 4
  • Municipality: CANYON LAKE
  • Latitude: 29.856
  • Longitude: -98.234

    Address

  • Full Address: 159 Calm Water
  • Address - House Number: 159
  • Address - Street Name: Calm Water
  • State: TX
  • City Name: Canyon Lake
  • Carrier Code: R009
  • 4-Digit Zip Code: 5381
  • Zip Code: 78133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377,235
  • Tax Rate Code Area: ES3

    Market Valuation

  • Market Total Value: $252,960
  • Market Land Value: $252,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,960
  • Assessed Land Value: $252,960
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About South Canyon Lake

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$222

Below Asking

0.05%

Average Days on Market

111

Average Home Size

2020 ft²

Average Home Age

25.4 years

Currently For Sale

199 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3660 Fm 2673, TX, 78133

$1,300 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
3660 Fm 2673 #C1, TX, 78133 Listing by Michael Cossette
Unit for rent at 2055 Island View, Canyon Lake, TX, 78133

$3,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,350 ft²
2055 Island View, Canyon Lake, TX, 78133 Listing by Rick Dittemore

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Mark Scott, Classic Hill Country Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1584051
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 159 Calm Water built and last sold?
The property at 159 Calm Water was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 159 Calm Water is $227,250.
What are some comparable homes to 159 Calm Water?
There are currently no comparable homes to 159 Calm Water.
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