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$781,450

NAL Estimated Property Value

172 Rachel Dr, Canyon Lake, TX, 78133

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,351 Sq Ft
price_per_sqft$629.16 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Free Standing Electric Range, Free Standing Refrigerator, Range Hood, Stainless Steel Appliances
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesExterior Steps, Private Yard
Lot Size1.50 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN25-0310-0011-00
SubdivisionJonas Tract (A-502 Sur- 25 J W Robinson)
Land UseResidential
Legal DescriptionJONAS TRACT (A-502 SUR- 25 J W ROBINSON), TRACT 11, ACRES 1.4989
Census Tract310612
Assessed Land Value$633,910
Assessed Improvement Value$147,540
Assessment Year2025

About this property

*Double Lot w/ 274 feet of water frontage. No restrictions.* A rare gem underscored by its scarcity in the market. Nestled along the serene shores of Canyon Lake, this lakeside retreat redefines the essence of waterfront living, where each evening unfolds w/ the most breathtaking sunset views. Set across 2 sprawling lots totaling 1.485 acres, this 1-story home offers a unique blend of privacy and potential. The charming house welcomes you with a bright and open floor plan that has been freshly painted, top to bottom and inside-out. Envision sipping your favorite beverage from the covered deck with an unparalleled sense of tranquility and a front-row seat to the beauty of the lake. A huge wall of windows bathes the living space in natural light and frames the picturesque lake views. The heart of the home centers around a standalone fireplace with stone accents, exuding comfort and warmth. New carpet and all-new lighting and fans add a modern touch. In the open kitchen, granite countertops, and SS appliances combine functionality with charm. 2 large bedrooms, one with an ensuite bath and a laundry closet, provide comfortable retreats. An additional room, perfect for a study or 3rd bedroom, adds versatility. Both bathrooms boast upgraded mirrors and lighting. Outside, indulge in the captivating views from 2 levels of decks that stretch across the property. Witness the wonders of nature as the landscape comes alive with foxes, deer, hummingbirds, and redbirds. Conveniently located near HWY 281, offering easy access to San Antonio, and only 15 mins from New Braunfels, the fastest growing city in the US, this property invites you to escape the hustle and bustle. Whether you seek a perfect weekend getaway or yearn for an everyday vacation experience, this lakeside retreat promises a harmonious blend of serenity, scenic beauty, and the allure of waterfront living. For those interested in future development, the upper lot provides an ideal setting for a 2nd home guest house.

Investor Tools

Property Icon
$781,450
Estimated Property Value
$0Estimated Mortgage Balance
$781,450Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,878
$781,450
2025
$633,910
$147,540
$781,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,878
$781,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$781,450
100%
0%
$0/mo

City: Canyon Lake

172 Rachel Dr | Property Details | No Agent List