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$719,530

196 Watts Ln, Canyon Lake, TX, 78133

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,486 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.41 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Range, Cooktop, Disposal
FlooringCeramic Tile, Laminate

Exterior

Lot Size33,454 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN56-0400-0054-18
SubdivisionWoodlands 1
Land UseVacant Land
Legal DescriptionWOODLANDS 1, TRACT 54-S
Census Tract310613
Assessed Land Value$113,120
Assessed Improvement Value$606,410
Assessment Year2025

About this property

GREAT LOT IN THE WOODLANDS on the South side of Canyon Lake...this lake is recognized as “The Jewel” of the Texas Hil l Country.It is a great place to relax and enjoy the great outdoors. White tailed deer, foxes, roadrunners, and other wildlife can be spotted along the Guadalupe River in Canyon Lake. It is also known for outdoor recreation, including hiking trails, parks and water sports. Canyon Lake has eight park areas for people to camp, swim, boat, and picnic. Bank fishing is also available in all of these parks. A par 72 golf course, with well kept fairways and hills, is located across form the lot and is designed to challenge even the most avid golfer. Come check it out today...

Investor Tools

Property Icon
$719,530
Estimated Property Value
$235,400Estimated Mortgage Balance
$504,566Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,317 /month
Positive
Cash Flow Estimate:
$1,439 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,667
$719,530
2025
$113,120
$606,410
$719,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,667
$719,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Noble Capital Funding Line Llc
Assumption
$235,400
Yes
First
Oct 12, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,964
$504,566
70%
30%
$1,412/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.

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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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196 Watts Ln | Property Details | No Agent List