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Days18Days on Market
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$70,000

125 Garrett Way, Canyon Lake, TX, 78133

On MarketInfo
Baths0 Bath
ResidentialResidential

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size24,002 sqft

Land Information

APN47-0716-0367-00
Lot Number367
SubdivisionRocky Creek Ranch Phase 11
Land UseVacant Land
Legal DescriptionROCKY CREEK RANCH PHASE 11, LOT 367
Census Tract310603
Assessed Land Value$68,420
Assessment Year2025

About this property

Build your dream home on this 0.55-acre flat, buildable lot tucked away on a dead-end street, offering added privacy and minimal traffic. Backing to greenspace with no rear neighbors, the property provides a peaceful setting with a natural backdrop. Utilities are convenient with electricity available at the street, while a septic system will be required for development. The lot features scattered trees, adding character and shade without limiting your building potential. A shed currently on the property will be removed prior to closing, allowing for a clean slate to bring your vision to life. Whether you're planning a primary residence or investment build, this property offers a great opportunity in a serene setting.

Investor Tools

Property Icon
$68,420
Estimated Property Value
$0Estimated Mortgage Balance
$68,420Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month

Interested in this property?

Christopher Watters

Watters International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$113/month
$97/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,017
$68,420
2025
$68,420
N/A
$68,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,017
$68,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$68,420
100%
0%
$0/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.

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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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