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$1,704,250

2742 Colleen Dr, Canyon Lake, TX, 78133

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,593 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$500.7 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Range
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size28,924 sqft

Building Information

Year Built1968
Stories2
Roof Type105
Garage Spaces2

Land Information

APN13-0335-0035-00
Lot Number6
SubdivisionCanyon Lake Village West 1
Land UseResidential
Legal DescriptionCANYON LAKE VILLAGE WEST 1, LOT 6 W PT
Census Tract310613
Assessed Land Value$406,830
Assessed Improvement Value$1,297,420
Assessment Year2025

About this property

Luxury Canyon Lake living at its finest! This magnificent home is the place to be on hot summer days as its east facing patios grant copious amounts of shade from the western afternoon sun. Designed to entertain, this residency features many outdoor features to enjoy the lake life. The gazebo at the lake’s edge is complete with water and electric hook ups and a stone path to the lake shore to enjoy the 135 ft of water frontage. The home offers five large bedrooms, four of which are on the lower level accompanied by a covered patio with an outdoor shower. The upper level includes the living and kitchen spaces as well as the owner’s suite. The gourmet kitchen grants custom cabinetry, bar seating, a walk-in pantry, granite counter tops, under counter lighting, and intricate stone backsplash. Adjoining the kitchen is a charming dining space featuring views of Canyon Lake through the expansive windows. Opening into the living area you are welcomed by the reclaimed pine floors that accent the stone fireplace with built-ins on either side. Down the hall is the impressive owner’s suite that is complete with attached en-suite featuring a double vanity and dual closets and private outdoor access to a balcony facing the lake waters. Departing from the living area is a generous covered patio that features a built-in kitchen, ceiling fans, and stone flooring. This amazing residence offers many amenities inside and out and many opportunities to enjoy all that lake life has to offer.

Investor Tools

Property Icon
$1,704,250
Estimated Property Value
$0Estimated Mortgage Balance
$1,704,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,794 /month
Positive
Cash Flow Estimate:
$3,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,762/month
$24/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,626
$1,704,250
2025
$406,830
$1,297,420
$1,704,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,626
$1,704,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,704,250
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: Canyon Lake

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2742 Colleen Dr | Property Details | No Agent List