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$96,500

23487 Canyon Drive, Bullard, TX, 75757

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesDock
Lot Size1.25 acres

Land Information

APN1-80230-0016-00-010010
SubdivisionCumberland Ridge
Land UseResidential Vacant
Census Tract001912
Assessed Land Value$90,768
Assessment Year2025

About this property

This beautiful 1.25-acre interior lot offers the perfect opportunity to create your custom home in one of East Texas’ most desirable lake communities. Nestled among mature trees and located in highly sought-after Bullard ISD, this oversized homesite provides plenty of room for a spacious residence, workshop, outdoor living area, and more while still maintaining privacy and a peaceful setting. Cumberland Ridge is a well-established waterfront community on the shores of Lake Palestine, offering residents exclusive access to outstanding amenities. Enjoy a private gated marina with boat ramps, fishing pier, boat slips, picnic area, and convenient lake access. Residents also have access to three scenic neighborhood parks featuring sandy swimming areas, playgrounds, picnic facilities, fishing opportunities, sports courts, walking areas, and breathtaking lake views. Located just minutes from Tyler, this property combines the beauty of East Texas lake living with convenient access.

Investor Tools

Property Icon
$477,000
Estimated Property Value
$0Estimated Mortgage Balance
$477,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,862 /month
Positive
Cash Flow Estimate:
$954 /month

Interested in this property?

Nancy Lawrence

Lawrence Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
$445/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,412
$90,768
2025
$90,768
N/A
$90,768
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,412
$90,768

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$477,000
100%
0%
$0/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: Bullard

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23487 Canyon Drive | Property Details | No Agent List