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$75,610

1618 Rotherman, Canyon Lake, TX, 78133

Off MarketInfo
Baths0 Bath
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size22,120 sqft

Building Information

Year Built1985
Garage Spaces1

Land Information

APN55-0400-0650-00
Lot Number488
SubdivisionTamarack Shores Section Ii
Land UseResidential
Legal DescriptionTAMARACK SHORES SECTION II, LOT 488
Census Tract310612
Assessed Land Value$75,610
Assessment Year2025

About this property

.5+/-of an acre lot in Tamarack Shores with potential lake view. Build your home or place a manufactured home on this lot close to Canyon Lake. Minimal restrictions for a getaway, rental, or forever home! Lot next-door is also available 1604 Rotherman. Community pool. Lots 487 and 488 must be sold together.

Investor Tools

Property Icon
$75,610
Estimated Property Value
$62,000Estimated Mortgage Balance
$16,920Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$454 /month
Positive
Cash Flow Estimate:
$151 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,114
$75,610
2025
$75,610
N/A
$75,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,114
$75,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Linda Sue Haigood
Purchase Money Mortgage
$62,000
No
First
Jun 14, 2023
Jul 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,690
$16,920
22%
78%
$372/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.

Explore Texas Explore This Area
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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1618 Rotherman | Property Details | No Agent List