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$365,000

1024 Summit Blf, Canyon Lake, TX, 78133

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,169 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.68 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Refrigerator, Microwave, Oven, Range, Cooktop, Washer
FlooringVinyl, Laminate

Exterior

Lot Size1.00 acres

Building Information

Year Built2010
Stories2
Roof Type112
Garage Spaces1

Land Information

APN22-0290-0058-00
Lot Number58
SubdivisionHillcrest Estates
Land UseResidential
Legal DescriptionHILLCREST ESTATES, LOT 58
Census Tract310611
Assessed Land Value$110,260
Assessed Improvement Value$184,090
Assessment Year2025

About this property

OWNER FINANCING AVAILABLE! Charming 2-bed, 1.5-bath home on a spacious 1-acre lot with stunning second-story Canyon Lake views. Active short-term rental—sold fully furnished and turn-key. Relax in the private hot tub under a pergola or gather around the outdoor fire pit. The 2-car garage is currently a game room with roll-up doors but can be used for parking. Bonus: second septic system offers potential for an additional home. Perfect as a primary residence, weekend getaway, or income-producing property.

Investor Tools

Property Icon
$365,000
Estimated Property Value
$304,000Estimated Mortgage Balance
$64,545Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,333 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,345
$294,350
2025
$110,260
$184,090
$294,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,345
$294,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$304,000
No
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,455
$69,545
18%
82%
$1,823/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Canyon Lake

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1024 Summit Blf | Property Details | No Agent List