Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 197 Adams Way, Canyon Lake, TX, 78133 priced at $485,000 converts $2,274/mo rent into after a $2,374/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 11.14% in year one, and rental yield reads 5.63% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 57.01% and total cumulative return in cash sums $91,658. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
6.09 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 |
|---|---|---|
| 2024-12-13 | Price change | $485,000 |
| 2024-05-18 | Listed for sale | $499,999 |
| 2018-04-26 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $308,365 | 10.00% |
| 2023-12-27 | $1028.74 | -53.91% | $280,332 | 10.00% |
| 2022-12-27 | $2232.25 | -2.26% | $254,847 | 10.00% |
Listed by: Lyndsay Bradley • RE/MAX GO - NB
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #544409
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 2024 Central Texas MLS, All Rights Reserved.
