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$499,900

154 Linda Dr, Canyon Lake, TX, 78133

PendingInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$331.5 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Range, Cooktop
FlooringCeramic Tile

Exterior

Exterior FeaturesBalcony, Dog Run
Lot Size4.09 acres

Building Information

Year Built2003
Stories1
Roof Type112
Garage Spaces2

Land Information

APN78-0795-0014-02
SubdivisionA-795 Sur- 909 B S & Forwood
Land UseResidential
Legal DescriptionA-795 SUR- 909 B S & FORWOOD, ACRES 4.095, LIFE ESTATE LIFE ESTATE
Census Tract310603
Assessed Land Value$424,870
Assessed Improvement Value$193,190
Assessment Year2025

About this property

Unresetricted 4 +/- acres with over 500 feet of highly visible FM 306 frontage, and priced accordingly, this property offers exceptional investment and development potential in the growing greater Canyon Lake area. Currently improved with an approximately 1,500-square-foot residence and a large metal building with a roll-up door, the property provides immediate utility while allowing for future redevelopment or income-producing opportunities. The land features a desirable combination of mature trees, gently sloping topography however, the terrain is predominantly level, making it well-suited for a variety of commercial ventures. Its strategic location and extensive highway frontage create outstanding possibilities for an RV park, tiny home community, contractor or service business, flex-space development, storage facility, or other commercial uses (subject to applicable zoning and development requirements). Whether you're seeking a value-add investment, a future development site, or a property with immediate functionality and long-term upside, this unique offering presents a rare opportunity to capitalize on the continued growth of the FM 306 corridor on the north side of Canyon Lake.

Investor Tools

$0Estimated Mortgage Balance
$445,893Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,333
$445,893
2025
$424,870
$193,190
$618,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,333
$445,893

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$445,893
100%
0%
$0/mo

City: Canyon Lake

154 Linda Dr | Property Details | No Agent List