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$399,000

2038 Flametree Avenue, Canyon Lake, TX, 78132

$411,237 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.67 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size5,227 sqft

Building Information

Garage Spaces2

Land Information

APN55-0981-0656-00 01
Lot Number9
SubdivisionVeramendi Precinct 15a-3
Land UseVacant Lots & Tracts
Legal DescriptionVERAMENDI PRECINCT 15A-3, BLOCK 15, LOT 9
Census Tract310901
Assessed Land Value$85,730
Assessment Year2024

About this property

Welcome to 2038 Flametree Avenue, where timeless design meets everyday functionality. This thoughtfully designed two-story home features elevated finishes and a well-balanced layout throughout. Upon entry, you're greeted by soaring ceilings and elegant wrought iron stair railings that frame the space. Natural light fills the open-concept main level, connecting the living area, half bath, office nook, and beautifully appointed kitchen. The kitchen serves as the centerpiece, complete with a large island, quartz countertops, designer tile backsplash, pendant lighting, stainless steel appliances, and a walk-in pantry. A dedicated dining area just off the kitchen offers the perfect space for everyday meals and entertaining. The main living area features an office nook and large windows overlooking the backyard, creating a bright and inviting atmosphere. Upstairs, a secondary living space connects all three bedrooms. The owner's suite offers a private ensuite with dual vanities, an oversized walk-in shower, and a spacious walk-in closet. Two additional bedrooms and a full bath are positioned across the loft. Ideally located, you're just a short walk or bike ride to the neighborhood elementary school, parks, community pool, and a local breakfast spot. 2038 Flametree delivers the convenience of location with the feel of a true community.

Investor Tools

$275,206Estimated Mortgage Balance
$120,794Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$411,237
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Shelby Renfeld

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
$183/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,369
$60,275
2024
$85,730
N/A
$85,730
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,369
$60,275

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brookhollow Mortgage Services Ltd
Conventional
$282,750
No
First
Nov 26, 2024
Dec 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,206
$120,794
30%
69%
$1,696/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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2038 Flametree Avenue | Property Details | No Agent List