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B+
NoAgentList RatingHow are grades calculated? Info
Days30Days on Market
Views1view
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$450,000

785 Park Shrs, Canyon Lake, TX, 78133

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.22 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesRange, Cooktop
FlooringLaminate

Exterior

Exterior FeaturesBalcony
Lot Size1.51 acres

Building Information

Year Built1978
Stories2
Roof Type105

Land Information

APN13-0290-0075-00
Lot Number76
SubdivisionCanyon Lake Shores 1
Land UseResidential
Legal DescriptionCANYON LAKE SHORES 1, LOT 76
Census Tract310609
Assessed Land Value$408,000
Assessed Improvement Value$215,490
Assessment Year2025

About this property

Calling all investors and visionaries! This 2-bedroom, 1 bath WATERFRONT property on 1.51 ACRES is full of potential and ready for its next chapter. Open Concept with vaulted ceiling, wood burning fireplace, sliding glass doors on 2 sides leading out to deck for your morning cup of coffee. Untapped potential for additional square footage at ground level/walk out and the convenience of being located right next to boat ramp 22, making lake access quick and easy for boating, fishing and water recreation. Very nice spacious storage building with a yard that is fully fenced. This fixer upper offers an incredible opportunity to renovate, remodel or create the waterfront retreat you've always envisioned. Whether you're looking for your next investment project, vacation getaway or future primary residence, the possibilities are endless. Bring your imagination and make this diamond in the rough shine. Don't miss the chance to own waterfront property with stunning views at an exceptional value.

Investor Tools

Property Icon
$535,000
Estimated Property Value
$0Estimated Mortgage Balance
$535,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Jennifer Lewis

Sullivan Hill Country Properti

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$643
$435,042
2025
$408,000
$215,490
$623,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$643
$435,042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$535,000
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.

Explore Texas Explore This Area
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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785 Park Shrs | Property Details | No Agent List