Is Canyon Lake, TX a good place to invest in rental property?

Canyon Lake, TX has a median modeled monthly cash flow of $-1,637 and a median cap rate of 2.3%, on a median sold price of $369,000. Prices changed +2.2% year over year.

What is the average cap rate in Canyon Lake, TX?

The median cap rate across recently sold homes in Canyon Lake, TX is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Canyon Lake, TX?

The median sold price in Canyon Lake, TX is $369,000 (about $231 per square foot).

Investing in Canyon Lake, TX Real Estate

A data-driven snapshot of the Canyon Lake, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$369,000Median sold price

$231Median $/sqft

2.3%Median cap rate

$-1,637Modeled cash flow / mo

+2.2%Appreciation YoY

16.0Months of supply

1,449Active listings

1,085Sold (last 12 mo)

What the Canyon Lake numbers say

In Canyon Lake, TX, the median home sold for $369,000 (about $231 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,637 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 16.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 8 fix-and-flip deals in Canyon Lake — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See Canyon Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Canyon Lake, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Canyon Lake deals, or browse the national market data.