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$148,650

NAL Estimated Property Value

551 Rainbow Rdg, Canyon Lake, TX, 78133

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.06 acres

Land Information

APN45-0750-0075-00
Lot Number60
SubdivisionRiver Point Estates 2
Land UseVacant Land
Legal DescriptionRIVER POINT ESTATES 2, LOT 60
Census Tract310614
Assessed Land Value$148,650
Assessment Year2025

About this property

Have you tubed the Horseshoe and dreamed of living there? Whether you are looking for a weekend get -away or a new home, you can make the dream come true. Ideally located a short drive from New Braunfels, San Marcos, San Antonio, Austin and the Texas Hills Country, there is a lot to make this a great place to live permanently or periodically. An interior lot (not riverfront) so away from the hub-bub of the river, but just a short walk down the new path (in progress and to be Accessible too) and you can toob with just a short walk back home. No time frame to build. No HOA in this small, limited access neighborhood. See documents., if you are looking to build right away, the Builder/owner has a plan created for this property which includes a "lock off" off quarters Mature trees mark this beautiful level home site. The Build Site would probably only take out a few Cedar trees. Don't wait for Summer to see this exquisite home site.

Investor Tools

Property Icon
$148,650
Estimated Property Value
$160,482Estimated Mortgage Balance
$148,650Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,191
$148,650
2025
$148,650
N/A
$148,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,191
$148,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank Of Mississippi
Commercial
$163,110
No
First
Jun 13, 2025
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,482
N/A
0%
108%
$978/mo

City: Canyon Lake