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Canyon Lake 78133 South Canyon Lake
797 Rambling Dr
$35,000
● Land - Off Market

797 Rambling Dr

Canyon Lake, TX 78133
bedrooms
Studio
bathrooms
0 Bath
$44,850
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Beautiful cleared hill country lot ready for you to come build your dream home or weekend getaway! Tucked away in the trees, this lot sits less than 2 miles from Cranes Mill Park and Marina. Electric available, water at the street, septic needed. Manufactured homes allowed!! Come see it today!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
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: 6 months ago (LERA #1644538)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Oct 12, 2022 Listed by Land Up Realty & Investments $42,500
Listed by Land Up Realty & Investments

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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • 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: LAKE VIEW PARK
  • Land Acres: 0000000115
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: LAKE VIEW PARK, LOT 354

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310608

Geography

  • Assessors Map Reference: AIR MAP: 3G
  • Parcel: 34723
  • Lot: 354
  • Municipality: CANYON LAKE
  • Latitude: 29.8785
  • Longitude: -98.3036

    Address

  • Full Address: 797 Rambling Dr
  • Address - House Number: 797
  • Address - Street Name: Rambling
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Canyon Lake
  • Carrier Code: R016
  • 4-Digit Zip Code: 5470
  • Zip Code: 78133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,340
  • Tax Rate Code Area: ES3

    Market Valuation

  • Market Total Value: $14,310
  • Market Land Value: $14,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,310
  • Assessed Land Value: $14,310

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47819
  • Previous Sale Recording Date: Jan 05, 2016
  • Previous Sale Contract Date: Jan 05, 2016
  • 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 South Canyon Lake

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$223

Below Asking

0.05%

Average Days on Market

111

Average Home Size

1991 ft²

Average Home Age

26.2 years

Currently For Sale

195 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 1121 Kings Cove Dr, Canyon Lake, TX, 78133

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,546 ft²
1121 Kings Cove Dr, Canyon Lake, TX, 78133 Listing by Cody Bradstreet
Unit for rent at 2591 Lakeshore Dr, Canyon Lake, TX, 78133

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,394 ft²
2591 Lakeshore Dr, Canyon Lake, TX, 78133 Listing by Kelli McLaughlin

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Chelsea Robinson, Land Up Realty & Investments
Last Updated: 6 months ago
Data Source: LERA, MLS# 1644538
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 797 Rambling Drive built and last sold?
The property at 797 Rambling Drive was built in and last sold on Nov 7, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 797 Rambling Drive is $42,925.
What are some comparable homes to 797 Rambling Drive?
There are currently no comparable homes to 797 Rambling Drive.
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