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Days664Days on Market
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$132,000

1040 Summit Blf, Canyon Lake, TX, 78133

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.00 acres

Land Information

APN22-0290-0059-00
Lot Number59
SubdivisionHillcrest Estates
Land UseVacant Land
Legal DescriptionHILLCREST ESTATES, LOT 59
Census Tract310611
Assessed Land Value$110,260
Assessment Year2025

About this property

1-acre lot, multi-tiered, lake view property in New Braunfels ready for Development. Build your dream home in Canyon Lake. Updated Photos coming soon. Owner in process of clearing Cedar Trees. This is one of the largest vacant lots left in the subdivision. Fantastic buildability and seclusion makes it perfect for your future dream home. Located next to Canyon Lake High School - fantastic proximity to Canyon Lake, New Braunfels, hill country and more! Do not miss it!

Investor Tools

$25,499Estimated Mortgage Balance
$85,028Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$792 /month
Positive
Cash Flow Estimate:
$264 /month

Interested in this property?

Laura Vinson

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,625
$110,260
2025
$110,260
N/A
$110,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,625
$110,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Seller Carryback / Seller Financing / Seller Take-Back
$42,750
No
First
Feb 15, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,499
$84,761
76%
23%
$275/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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1040 Summit Blf | Property Details | No Agent List