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Canyon Lake 78133 Canyon Lake Village East
593 CONTOUR DR
$285,000
● House - Off Market

593 CONTOUR DR

Canyon Lake, TX 78133
bedrooms
2 Beds
bathrooms
1 Bath
square feet
896 Ft²
$432,946
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Do not miss out on this custom built home by Kevin Carlton! located in Canyon Lake Village, this highly successful Airbnb and VRBO STR. All 6 lots included! 1.06 acres total and room to build! Wet weather creek, fire pit, and Hill Country Views! Located just 3 tenths of a mile from the most popular boat ramp and dock in Canyon Lake! Ramp 1 is a shore accessible fresh water dive site, with 61-70ft depth. Fishing, swimming, floating, and scuba just a hop skip and a jump away! Turquoise stained concrete floors
Unit Size
896 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$335
Property Type
House
Property Taxes
$6
HOA Dues
$4
Year Built
2015

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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 #1436738)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Jan 31, 2020 Listed by Keller Williams Realty Round Rock $299,900
Listed by Keller Williams Realty Round Rock

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,076
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 1,480
  • Total Building Area: 896
  • Gross Building Area: 920
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANYON LAKE VILLAGE 3
  • Land Acres: 0000000369
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CANYON LAKE VILLAGE 3, LOT 181R

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: SCIS ZZZ
  • Census Tract: 310614

Geography

  • Assessors Map Reference: 356-E8
  • Parcel: 14042
  • Lot: 181R
  • Municipality: CANYON LAKE
  • Latitude: 29.8456
  • Longitude: -98.2049

    Address

  • Full Address: 593 Contour Dr
  • Address - House Number: 593
  • Address - Street Name: Contour
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Canyon Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 5878
  • Zip Code: 78133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,522
  • Tax Rate Code Area: ES3

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 333,440
  • High Value: 412,832
  • Low Value: 254,047

    Market Valuation

  • Market Total Value: $286,010
  • Market Land Value: $93,210
  • Market Improvement Value: $192,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,010
  • Assessed Land Value: $93,210
  • Assessed Improvements Value: $192,800

    Sales

  • Current Sale Contract Date: May 19, 2015
  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201506019915
  • Previous Sale Recording Date: Dec 26, 2014
  • Previous Sale Contract Date: Dec 18, 2014
  • Previous Sale Document Type: 71
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 East Canyon Lake

Stats & Trends

Median Asking:

$464,000

Sale Price/ft²

$246

Below Asking

0.06%

Average Days on Market

109

Average Home Size

1753 ft²

Average Home Age

30.1 years

Currently For Sale

62 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

$1,275 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
3660 Fm 2673 #C1, TX, 78133 Listing by Michael Cossette

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Tamra Duarte, Keller Williams Realty Round Rock
Last Updated: 5 months ago
Data Source: LERA, MLS# 1436738
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 593 Contour Drive built and last sold?
The property at 593 Contour Drive was built in 2015 and last sold on May 19, 2015 for $179,900.
How much is this home worth?
The estimated value of the home located at 593 Contour Drive is $300,480.
What are some comparable homes to 593 Contour Drive?
There are currently no comparable homes to 593 Contour Drive.
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