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$305,000

178 Mary Ann Dr, Canyon Lake, TX, 78133

$396,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.12 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListMust-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Dryer, Refrigerator, Range, Cooktop, Washer, Disposal
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size7,501 sqft

Building Information

Year Built1977
Stories1
Roof Type105

Land Information

APN13-0335-1740-00
Lot Number346
SubdivisionCanyon Lake Village West 3
Land UseResidential
Legal DescriptionCANYON LAKE VILLAGE WEST 3, LOT 346
Census Tract310613
Assessed Land Value$35,680
Assessed Improvement Value$295,700
Assessment Year2025

About this property

Welcome to this recently remodeled bank-owned property offering an excellent opportunity for both owner-occupants and investors. The home has undergone recent updates and improvements, providing a refreshed interior and a great foundation for its next owner. This home features two stories of living space totaling 2,344 square feet, defined by three-bedroom, two-and-one-half-bathroom residence located at 178 Mary Ann Dr in Canyon Lake, Texas, offering a serene and inviting atmosphere throughout the structure. Offered AS-IS, this property presents an opportunity to purchase an updated home directly from the bank. Buyers are encouraged to perform their own inspections and due diligence regarding the condition of the property, improvements, systems, and any applicable disclosures. With its recent renovations and being close to the lake, this property offers the potential to enjoy the benefits of an updated home while adding your own personal touches. Whether you're searching for your next residence or looking to expand your investment portfolio, this is an opportunity worth exploring.

Investor Tools

$273,739Estimated Mortgage Balance
$71,683Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$396,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Lonna Atkinson

Lonna Properties LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$24/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,865
$331,380
2025
$35,680
$295,700
$331,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,865
$331,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
212 Loans Llc
Building Or Construction Loan
$279,500
No
First
May 1, 2025
Nov 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,739
$122,261
30%
79%
$1,676/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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