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$1,275,000

874 Lakebreeze Dr, Canyon Lake, TX, 78133

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$392.55 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size13,765 sqft

Building Information

Year Built1975
Stories2
Roof Type105
Garage Spaces2

Land Information

APN240-5680-0002-00
SubdivisionLakebreeze
Land UseResidential
Legal DescriptionLAKEBREEZE CONDO, UNIT 874
Census Tract310604
Assessed Land Value$157,050
Assessed Improvement Value$805,210
Assessment Year2025

About this property

Welcome to your waterfront escape at 874 Lake Breeze in Canyon Lake—where Hill Country beauty meets true lakefront living and exceptional short-term rental potential. Perfectly positioned on the water, this property offers direct access to Canyon Lake, giving guests and owners alike the rare opportunity to enjoy boating, fishing, and lakeside relaxation right from the backyard. Inside, you’ll find an open-concept layout filled with natural light, creating an inviting space ideal for hosting groups and maximizing rental appeal. The seamless flow between the living, kitchen, and dining areas is perfectly suited for entertaining, while large windows showcase the peaceful waterfront setting that keeps guests coming back. This home features well-appointed bedrooms and flexible living spaces designed to comfortably accommodate multiple guests—making it a proven performer as a short-term rental with strong income history and repeat demand. Whether you’re looking to continue its success as an income-producing property or enjoy it as a personal getaway, the setup is already in place. Step outside to take in tranquil water views, enjoy morning coffee by the lake, or create unforgettable guest experiences with the ultimate waterfront backdrop. Located just minutes from Canyon Lake amenities, boat ramps, parks, and a short drive to New Braunfels, Gruene, and the Guadalupe River, this property offers the perfect combination of convenience, recreation, and investment potential. Whether you’re searching for a high-performing STR, a weekend retreat, or both—874 Lake Breeze delivers on all fronts.

Investor Tools

$425,926Estimated Mortgage Balance
$837,129Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

Interested in this property?

Courage Criddle

Kuper Sotheby's Int'l Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,526/month
$26/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,005
$962,260
2025
$157,050
$805,210
$962,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,005
$962,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank America Fsb
Conventional
$500,000
No
First
Dec 4, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,926
$536,334
55%
34%
$2,074/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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874 Lakebreeze Dr | Property Details | No Agent List