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$1,734,000

242 Saga St, Spring Branch, TX, 78070

$1,936,977 ARVInfo
Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,571 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$529.53 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5.5Bathrooms Full 5.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Refrigerator, Microwave, Oven, Disposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill
Lot Size2.40 acres

Building Information

Year Built2008
Stories2
Roof Type104
Garage Spaces5

Land Information

APN36-0150-0595-00
Lot Number595
SubdivisionPeninsula At Mystic Shores 1 (The)
Land UseResidential
Legal DescriptionPENINSULA AT MYSTIC SHORES 1 (THE), LOT 595
Census Tract310609
Assessed Land Value$552,850
Assessed Improvement Value$867,871
Assessment Year2025

About this property

Located in the prestigious gated community of The Peninsula at Mystic Shores, this 5-bedroom, 5.5-bathroom estate offers the perfect blend of luxurious living and serene lakeside beauty. Set on a 2.4-acre lot with 414 feet of private waterfront on Canyon Lake, this property boasts 5,571 square feet of living space and showcases stunning water views from nearly every room. The gourmet kitchen is complete with high-end appliances and custom finishes. Spacious living areas include a formal and informal living, formal dining, breakfast area, wet bar, game room and media room. The owner’s wing of the home includes a primary suite with an adjacent study. The primary bath includes whirlpool tub, walk-through shower and two spacious closets. Each of the four additional bedrooms is generously sized and has access to their own bathrooms. Step outside to experience the sparkling swimming pool and spa. Special features include an elevator, second kitchen upstairs, and outdoor kitchen & fireplace.

Investor Tools

Property Icon
$1,734,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,734,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,936,976
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,700 /month
Positive
Cash Flow Estimate:
$5,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,516/month
$414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,520
$1,420,721
2025
$552,850
$867,871
$1,420,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,520
$1,420,721

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,769,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Spring Branch

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242 Saga St | Property Details | No Agent List