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$184,000

NAL Estimated Property Value

688 Canyon Springs Dr, Canyon Lake, TX, 78133

$239,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,232 Sq Ft
price_per_sqft$202.92 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesCooktop, Dishwasher, Microwave, Oven, Range
FlooringLaminate

Building Information

Year Built1995
Stories1
Garage Spaces2

Land Information

APN13-0380-0945-89
SubdivisionCanyon Springs Resort 1
Land UseResidential
Legal DescriptionCANYON SPRINGS RESORT 1, BLOCK 18, IMPROVEMENT ONLY, MH LABEL# TEX0532409 / TEX0532410 IMPROVEMENT ONLY
Census Tract310604
Assessed Improvement Value$30,080
Assessment Year2025

About this property

Discover the potential of this spacious 3-bedroom, 2-bath home set on 1.53 acres just one mile from the lake and a short ride to the Cranes Mill Marina. With over an acre and a half of land, this property offers ample space, privacy, and room, making it an ideal investment opportunity in sought after Canyon Lake. The 1,232 sq ft double wide features a built-on roof, a large covered front porch, a back porch perfect for entertaining, a carport, and a storage unit behind the home. Inside, you'll find a roomy kitchen with abundant cabinet space, perfect for everyday living and gatherings. Recent upgrades include a 9-year-old A/C unit, 9-year-old stainless steel appliances, 6-year-old waterproof laminate flooring throughout, a 6-year-old 30-year architectural shingle roof, a brand new furnace, new double-pane windows, and a new 40-gallon water heater. Whether you're looking for a peaceful full-time residence, a vacation retreat near the lake, or a savvy investment property with land, this home offers tremendous value and opportunity.

Investor Tools

Property Icon
$184,000
Estimated Property Value
$90,305Estimated Mortgage Balance
$93,695Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$239,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
$18/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$491
$30,080
2025
N/A
$30,080
$30,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$491
$30,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Blanco National Bank
Unknown
$219,058
No
First
Nov 4, 2004
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,305
$93,695
50%
49%
$0/mo

City: Canyon Lake