








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


Investment property for sale in Canyon Lake at 1185 PARKVIEW DR UNIT D26, Canyon Lake, TX, 78133 listed at $249,900 pairs $1,651/mo rent with a $1,223/mo payment. Total monthly income runs $1,651/mo. Return on cash invested measures 14.97% in year one, and rental yield registers 7.93% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 78.76% and total cumulative return in cash totals $65,246. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,651/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
$215 monthly 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 |
|---|---|---|
| 2024-12-11 | Listed for sale | $249,900 |
| 2024-03-27 | Listing removed | N/A |
| 2024-03-26 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $288,792 | 20.00% |
| 2023-02-13 | $3588.93 | 56.14% | $240,660 | 76.26% |
| 2022-02-13 | $2298.56 | 3.21% | $136,540 | 10.04% |



Listed by: Angela Walls • Vintage Oaks Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1828694
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.