








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 1053 Ledge Path, Canyon Lake, TX, 78133 generates $1,598/mo in rent, after a $4,870/mo payment. Total monthly income is $1,598/mo. Return on cash invested sits at -0.03% in year one, and rental yield is 1.93% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,598/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
$24 annually 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-05-09 | $284.51 | 0.23% | $15,850 | N/A |
| 2020-05-09 | $283.85 | 99.44% | $15,850 | 106.92% |
| 2019-05-09 | $142.32 | -2.60% | $7,660 | N/A |



Listed by: Timothy Fredrickson • Lake Homes Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1865277
Disclaimer: 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.