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Days13Days on Market
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$724,900

971 Barbara Drive, Canyon Lake, TX, 78133

$785,987 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,780 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$260.76 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Range Hood, Water Heater, Some Electric Appliances, Microwave, Range, Water Softener Owned
FlooringCeramic Tile, Tile, Vinyl, Wood, Carpet Free

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Covered Patio, Deck, Lighting, Rain Gutters
Lot Size16,771 sqft

Building Information

Year Built1998
Stories3
Roof Type112
Garage Spaces2

Land Information

APN13-0335-2840-00
Lot Number584
SubdivisionCanyon Lake Village West 5
Land UseResidential
Legal DescriptionCANYON LAKE VILLAGE WEST 5, LOT 584
Census Tract310613
Assessed Land Value$195,570
Assessed Improvement Value$433,114
Assessment Year2025

About this property

Canyon Lake views, direct shoreline access, and extensive updates combine to create a property built for enjoying everything the lake has to offer. The property's signature feature is the private pathway and wooden bridge leading directly to Canyon Lake access, making it easy to enjoy paddleboarding, kayaking, fishing, swimming, and shoreline recreation. Outdoor living spaces include expansive lakeview decks, covered balconies with retractable screens, patios, mature landscaping, fruit trees, grape vines, and raised garden beds. The interior features panoramic lake views, stone fireplace, granite kitchen, custom cabinetry, walk-in pantry, and open living spaces designed for entertaining. Upstairs bedrooms enjoy balcony access and lake views, while the lower-level flex room provides additional space for recreation, guests, or home office use. Recent system and cosmetic updates add value and peace of mind throughout the property.

Investor Tools

$0Estimated Mortgage Balance
$767,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$785,987
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,602 /month
Positive
Cash Flow Estimate:
$1,534 /month

Interested in this property?

Lakefront Grp & Hill Country Luxury Grp

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,478
$628,684
2025
$195,570
$433,114
$628,684
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,478
$628,684

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$767,000
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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971 Barbara Drive | Property Details | No Agent List