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$672,610

239 Damar Cove, Canyon Lake, TX, 78133

$737,632 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,023 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Microwave, Refrigerator, Cooktop
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size22,041 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces1

Land Information

APN22-0228-0017-00
Lot Number17
SubdivisionHidden Valley Estates
Land UseResidential
Legal DescriptionHIDDEN VALLEY ESTATES, LOT 17
Census Tract310613
Assessed Land Value$70,790
Assessed Improvement Value$601,820
Assessment Year2025

About this property

Welcome to your dream getaway in the heart of the Hill Country. This stunning 3 bedroom 2.5 bath lake house sits on a private half acre at the end of a quiet culdesac with no HOA and endless possibilities as a short term rental, permanent residence, or vacation home. Enjoy 180 degree panoramic views of the Hill Country from two spacious patios or cool off in the beach entry pool (and heated) or hot tub surrounded by natural beauty. The primary bedroom has outside access with a patio to capture your Hill Country views along with an ensuite bath with a tiled shower and dual vanities. The 2 guest bedrooms offer privacy with a full bath off the spacious living room. You will also find a wet bar, a fully furnished interior, and a layout perfect for relaxing or entertaining. The property includes a 50 amp/EV plug, fire pit, and a fenced in side yard, offering comfort and convenience for every lifestyle. Come check out 239 Damar Cove, this Hill Country gem is ready for you to move in and start living the lake life.

Investor Tools

Property Icon
$672,610
Estimated Property Value
$0Estimated Mortgage Balance
$127,205Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$737,631
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,036 /month
Positive
Cash Flow Estimate:
$1,345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$672,610
2025
$70,790
$601,820
$672,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$672,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$553,500
No
First
Jul 28, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$545,405
$127,205
18%
81%
$3,319/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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