$520,560
NAL Estimated Property Value333 Prairie Tea Ln, Canyon Lake, TX, 78133
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size21,998 sqft
Building Information
Year Built2021
Stories1
Roof Type105
Garage Spaces2
Land Information
APN52-0218-0203-00
Lot Number203
SubdivisionSummit North Phase 4
Land UseResidential
Legal DescriptionSUMMIT NORTH PHASE 4, LOT 203
Census Tract310603
Assessed Land Value$49,060
Assessed Improvement Value$471,500
Assessment Year2025
About this property
Massive oak trees throughout and level building sites, this lot is one of the best in the community! One of a kind lot in the gated community of Summit North located on the north side of Canyon Lake. Only a 1700 square foot home is require to build and low HOA fees. You must walk it to appreciate the oaks!
Investor Tools
$520,560
Estimated Property Value
$120,768Estimated Mortgage Balance
$399,792Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,123 /month
Positive
Cash Flow Estimate:
$1,041 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,494
$520,560
2025
$49,060
$471,500
$520,560
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,494
$520,560
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$132,000
No
First
Nov 12, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,768
$399,792
76%
23%
$792/mo
