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$850,000

11 Acres FM 2673, Canyon Lake, TX, 78133

Off MarketInfo
Baths0 Bath

About this property

Introducing a prime piece of real estate in the heart of Canyon Lake, this 11.4- acre mixed-use development land presents an opportunity for both commercial and residential ventures. Featuring a desirable location in a high-traffic area, this property has significant visibility, with an impressive 10,000 cars passing by daily, confirmed by TXDOT. With an extensive 923 feet of frontage along Oblate Dr. and FM2673, this property provides a canvas for a variety of development possibilities. Accessibility is further enhanced by TXDOT-approved access from FM2673, ensuring connectivity for prospective businesses or residents. The proximity to popular amenities is a notable advantage, situated a mere 2 miles from the highly frequented Boat Ramp 6 and close to dining and stores. The property features a high fence on the back side, providing a buffer from the surrounding areas and a ranching fence on the front side. Critical infrastructure elements are already in place, with existing electrical and water connections available on-site. The water supply is managed by Texas Water Company, ensuring a reliable water source for any development projects. Whether you envision a bustling commercial center, a thriving residential community, or a combination of both, this mixed-use development land in Canyon Lake is your chance to capitalize on the potential possibilities.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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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11 Acres FM 2673 | Property Details | No Agent List