$1,031,340
NAL Estimated Property Value1486 Redcloud Peak, Canyon Lake, TX, 78133
$1,076,723 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt In Electric Range, Built In Oven, Cooktop, Double Oven, Dishwasher, Energy Star Qualified Appliances, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesPrivate Yard
Lot Size2.64 acres
Building Information
Year Built2006
Stories2
Roof Type112
Garage Spaces3
Land Information
APN35-0615-0358-00
Lot Number358R
SubdivisionRidge At Mountain Springs Ranch (The)
Land UseResidential
Legal DescriptionRIDGE AT MOUNTAIN SPRINGS RANCH (THE), LOT 358R
Census Tract310608
Assessed Land Value$230,010
Assessed Improvement Value$801,330
Assessment Year2025
About this property
Luxurious custom home located in gated Ridge at Mountain Springs with over 2 acres of hill country views. Well-appointed home with loads of natural light, open floorpan with multiple living spaces, office, dedicated exercise room, upgraded multi-zone HVAC, tankless water heater and much more. Fantastic hill country view from the bay window in primary bedroom. Spa like primary bathroom with dual vanity, soaking tub and separate shower. Oversized 3 car garage with plenty of room for cars, tools and storage.
Investor Tools
$1,031,340
Estimated Property Value
$437,818Estimated Mortgage Balance
$594,378Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,076,722
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,188 /month
Positive
Cash Flow Estimate:
$2,063 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,685/month
$600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,031,340
2025
$230,010
$801,330
$1,031,340
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$1,031,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$485,000
No
First
Mar 10, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,818
$593,522
57%
42%
$2,908/mo
