$45,000
●
Land -
Off Market
1609 Mountain View Dr
Canyon Lake, TX 78133
Studio
0 Bath
$109,977
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Beautiful property located on the North side of Canyon Lake.
With over an acre, there are several building site options!
Just minutes (maybe 3) from the Boat Ramps! Convenient to New
Braunfels, San Antonio and Austin. Whether you want to spend
the day relaxing at HOME, on the GORGEOUS LAKE or, at the SHOPS IN
THE CITY, YOU ARE IN THE PERFECT PLACE!!! COME SEE FOR
YOURSELF!!!
Unit Size
-
Days on Market
-
Land Size
1.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$38
HOA Dues
-
Year Built
2017
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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 #1222717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 17, 2023 | Listed by The Agency Austin Inc | $340,000 | |
| Listed by The Agency Austin Inc | |||
| | |||
|
Turn this home into a Short term or long term rental as an investment! The home has so much charm and meticulously maintained. It is a 3 Bed/2 Bath one story home that is nested in Canyon Lake . This adorable home is move-in ready and features many of the modern updates you are looking for. Spacious open floor plan and lots of natural light welcomes you into this charming home. The primary bedroom is HUGE that has an ensuite with a walk in shower. The backyard has plenty of room for hosting a birthday, BBQ party or get together with friends and family or just lay back and enjoy the Texas sunsets. You will absolutely fall in love!! Come take a look today! The manager has listed the unit size as 1581 square feet.
| |||
| Feb 2, 2019 | No longer available | - | |
| No longer available | |||
| Jan 27, 2019 | Listed | $219,900 | |
| Listed | |||
| | |||
|
A beautiful Sunny Circle Home. This home boasts 3 bedrooms and 2 baths. Open floor plan with large kitchen and stainless steel appliances. Master bath has a walk in shower and barn doors. The master bedroom and living area have coffered ceilings. Outside there is an outdoor kitchen with a pergola. Bring your clients home. The manager has listed the unit size as 1500 square feet.
| |||
| Dec 3, 2018 | No longer available | - | |
| No longer available | |||
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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 North Canyon Lake
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Listed by: Tiffany Joslin, Texas Hill Country Realty Co.
Last Updated: 5 months ago
Data Source: LERA, MLS# 1222717
Last Updated: 5 months ago
Data Source: LERA, MLS# 1222717
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