








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Canyon Lake at 103 W Outer Dr, Canyon Lake, TX, 78133 generates $1,948/mo in rent and, after a $1,270/mo payment, leaves $75/mo in cash flow. Total monthly income is $1,948/mo, and annual cash flow is $897/yr on $86,024 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 9.01% on a $259,500 entry. Equity gained on principal adds $1,675/yr, while 5% annual appreciation builds toward $71,695 over five years. Five-year ROI reaches 109.79% and total cumulative return in cash sums $94,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,948/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
$84 quarterly HOA
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,320 (67.5%) |
| Renter Occupied HU | 1,369 (11.1%) |
| Vacant Housing Units | 2,640 (21.4%) |
| Median Home Value | $475,760 |
| Average Home Value | $540,572 |
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
Date | Event | Price |
|---|---|---|
| 2025-06-10 | Listed for sale | $259,500 |
| 2025-05-29 | Contingent | $259,500 |
| 2025-05-18 | Price change | $259,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $3548.99 | -6.06% | $240,820 | -4.94% |
| 2023-06-26 | $3778.02 | 904.90% | $253,340 | 151.59% |
| 2022-06-26 | $375.96 | -31.25% | $100,694 | 10.00% |



What's Special
None
Listed by: Sharon Peters • Sharon Peters, Broker
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #580420
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 Central Texas MLS, All Rights Reserved.