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$336,260

NAL Estimated Property Value

1235 Skylark Drive, Canyon Lake, TX, 78133

$437,138 ARVInfo
Off MarketInfo
Beds8 Beds
Baths4 Bath
Baths3,208 Sq Ft
price_per_sqft$93.2 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator, Some Electric Appliances
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size35,122 sqft

Building Information

Year Built2005
Stories1

Land Information

APN56-0220-0228-00
Lot Number222R
SubdivisionWaterfront Park
Land UseResidential
Legal DescriptionWATERFRONT PARK, LOT 222R
Census Tract310613
Assessed Land Value$143,590
Assessed Improvement Value$192,670
Assessment Year2025

About this property

Sellers are open to Owner Financing! 3 Rental Income Producing Units! This income-producing property features 3 residences on one lot—2 mobile homes and 1 modular home—offering multiple revenue streams in a high-demand Hill Country rental market. Two of the homes are currently leased long-term for a combined $2,475/month, while the third operates as a short-term rental with pro forma income bringing total projected rents to approximately $3,675/month ($44,100 annually). It also has one more buildable space for another unit to be added. Whether you’re expanding a rental portfolio or looking for a value-add opportunity in the Canyon Lake market, 1235 Skylark delivers immediate income with upside potential in one of the fastest-growing recreational areas in Central Texas.

Investor Tools

Property Icon
$336,260
Estimated Property Value
$0Estimated Mortgage Balance
$336,260Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$388,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,018 /month
Positive
Cash Flow Estimate:
$673 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,372
$336,260
2025
$143,590
$192,670
$336,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,372
$336,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$336,260
100%
0%
$0/mo

City: Canyon Lake

1235 Skylark Drive | Property Details | No Agent List