








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 653 CANYON EDGE, Canyon Lake, TX, 78133 generates $2,088/mo in rent, after a $1,957/mo payment. Total monthly income is $2,088/mo. Return on cash invested sits at 13.05% in year one, and rental yield is 6.27% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 67.3% and total cumulative return in cash sums $89,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,088/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
0.81 Acres lot
$N/A/sqft
$25 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 |
|---|---|---|
| 2024-11-07 | Price change | $399,900 |
| 2024-10-11 | Price change | $439,900 |
| 2024-09-27 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $379,920 | 10.00% |
| 2023-12-27 | $1244.99 | -52.01% | $345,382 | 10.00% |
| 2022-12-27 | $2594.53 | -1.34% | $313,984 | 10.00% |



Listed by: Catherine Naiser • Keller Williams City-View
Mls Name: SABOR
Mls Provider:
Mls ID: #1812235
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.