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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1569 Larson Drive, Canyon Lake, TX, 78133 offers $1,176/mo rent that, after a $3,181/mo payment. Total monthly income is $1,176/mo. Return on cash invested measures 0.72% in year one, and rental yield stands at 2.17% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 1.16% and total cumulative return in cash reaches $2,486. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,176/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.43 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-11-01 | Listed for sale | $650,000 |
| 2019-04-12 | Sold | N/A |
| 2018-10-18 | Price change | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $500,000 | N/A |
| 2023-02-13 | $7456.44 | -29.81% | $500,000 | -20.77% |
| 2022-02-13 | $10623.87 | 49.23% | $631,080 | 59.11% |
Listed by: Jason Ruple • Compass RE Texas, LLC.
Mls Name: SABOR
Mls Provider:
Mls ID: #1820392
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.
