2408 Deer Run Pass · Canyon Lake, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 68.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +21.5/30.0
- ARV discount +8.4/15.0
- DSCR +6.9/10.0
- Schools +5.2/10.0
- 1% rule +4.9/10.0
- Livability +3.4/5.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$194,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
Key facts
- Clubhouse
- Community pool
- New water heater
Tags
Property features AI
Finance
- Other: Subdivision: DEER MEADOWS
- HOA & community: Mandatory HOA; HOA fee $90 annually; Association transfer fee $375; Community amenities: pool, clubhouse, park/playground, jogging trails, other (see remarks)
Exterior
- Parking: Converted garage
- Utilities: Water system; Sewer system; Septic
- Home design: Pre-owned property; Front exposure facing east and south
- Construction: Composition roof; Other building exterior (see remarks); Other roof type (see remarks); Approximate age 31 years
- Exterior features: Deck/balcony; Partial fence; Mature trees; Partially wooded, level lot; County view; Recent rehab
Interior
- Kitchen: Cook top; Refrigerator; Kitchen approx. 10 x 10
- Bedrooms: Master bedroom on lower level with full bath; Master bedroom approx. 14 x 13; Bedroom 2 approx. 12 x 11; Bedroom 3 approx. 12 x 11
- Flooring: Vinyl flooring; Laminate flooring
- Bathrooms: 2 full bathrooms; Master bath with shower only and single vanity (approx. 9 x 8)
- Heating & cooling: Central heating (electric); Central air conditioning
- Interior features: Ceiling fans; Open floor plan; 1 living area; Utility room inside; Laundry room; All window coverings remain; Has fireplace; Electric water heater
- Laundry & utility: Washer connection; Dryer connection; Laundry room inside
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $194k.
Deal economics
- At list price, monthly cash flow is $292 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $192k (1.3% below list).
- Recommended offer: $191k (1.5% below list) — sets the bar for market timing.
- Cap rate 8.1% vs local median 2.3% in Canyon Lake — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 67/100 on livability (#534 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, cost of living A; Watch: amenities F, commute F, health & safety F.
- Comal ISD (rural): math 57% / reading 59% proficiency, ranked #58 of 826 in TX (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Startzville El (math 42% / reading 52%, grade D-, #1,006 of 4,322 statewide, top 25%, 465 students, 68% FRL); Canyon Lake H S (math 46% / reading 56%, grade D+, #482 of 1,632 statewide, top 30%, 1,038 students, 37% FRL) — zoned schools average 53% FRL vs 31% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents soft (-1.2%/yr); 1014 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,420 units permitted in Comal County in 2024 (1,164 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Comal County population projected at +70% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 24 days — a 2% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 68% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.99% ✗
- Cap rate
- 8.10%
- Cash-on-cash
- 6.45%
- DSCR
- 1.29
- GRM
- 8.4
CMA / ARV
- ARV (on-the-fly)
- $198,072
- Comps found
- 5
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 144 Deer Run | 0.29mi | 3/2.0 | 1,577 (+4%) | 8mo | $259,000 | $164 | 73 |
| 1438 Deer Run Pass | 0.41mi | 3/2.0 | 1,456 (-4%) | 13mo | $145,000 | $100 | 64 |
| 567 E Clark St | 0.41mi | 3/2.0 | 1,458 (-4%) | 15mo | $169,900 | $117 | 63 |
| 223 Oaklane St | 0.46mi | 3/2.0 | 1,476 (-2%) | 15mo | $192,980 | $131 | 62 |
| 1234 Deer Run Pass | 0.51mi | 4/2.0 (+1) | 1,475 (-2%) | 16mo | $229,900 | $156 | 54 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -9.6%
- Equity multiple
- 0.66×
- Total profit
- $-18,507
- Equity at exit
- $28,926
- IRR
- -4.5%
- Equity multiple
- 0.74×
- Total profit
- $-14,055
- Equity at exit
- $16,774
Cash invested: $54,320 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 78133
- Home prices YoY
- -33.8%
- Rents YoY
- -1.2%
- Active inventory
- 1014
- Price-to-rent
- 8.4×
Monthly cashflow live
- Estimated rent
- $1,915 high interval (Pro) →
- Mortgage (P&I)
- −$1,017
- Tax from tax record
- −$115 /mo · $1,380/yr
- Insurance
- −$81
- HOA
- −$8
- Vacancy / Maint / Mgmt
- −$402
- Net cashflow
- $292
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $48,500
- Closing costs
- $5,820
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 11 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1015 Twin Deer Ln Canyon Lake, TX | 3.0 | 2.0 | 1470 | $1,995 | $1.36 | 44d | 1 | 0.22mi |
| 1015 Twin Deer Ln Canyon Lake, TX | 3.0 | 1.0 | 1470 | $1,895 | $1.29 | 24d | 1 | 0.22mi |
| 532 Grandview Bnd Canyon Lake, TX | 3.0 | 2.0 | 1344 | $1,450 | $1.08 | 20d | 1 | 0.36mi |
| 324 Ridgerock Dr Unit 1 Canyon Lake, TX | 2.0 | 2.0 | 1050 | $1,450 | $1.38 | 24d | 1 | 0.55mi |
| 446 W Overlook Dr Canyon Lake, TX | 3.0 | 2.0 | 1392 | $1,825 | $1.31 | 44d | 1 | 0.81mi |
| 101 Cielo Vis Canyon Lake, TX | 4.0 | 3.0 | 2112 | $2,400 | $1.14 | 15d | 1 | 0.81mi |
| 634 Flatrock Dr Canyon Lake, TX | 3.0 | 2.0 | 1250 | $2,400 | $1.92 | 44d | 1 | 0.85mi |
| 507 Scenic Run Canyon Lake, TX | 3.0 | 2.0 | 1276 | $1,650 | $1.29 | 44d | 1 | 0.96mi |
| 252 Sir Winston Dr Canyon Lake, TX | 3.0 | 2.0 | 1288 | $1,495 | $1.16 | 44d | 1 | 1.20mi |
| 1219 Lakeside Dr E Canyon Lake, TX | 4.0 | 2.0 | 1216 | $2,180 | $1.79 | 4d | 1 | 1.21mi |
| 1288 Canyon Springs Dr Unit 1351234P Canyon Lake, TX | 3.0 | 2.0 | 1539 | $4,129 | $2.68 | 15d | 1 | 1.28mi |
HOA detail
- Monthly dues
- $8 · $96/yr
- Likely covers
- waterpool
Listing history 26 events
-
2026-06-18days on market $194,000 Active 24 DOM
-
2026-06-17days on market $194,000 Active 23 DOM
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2026-06-16days on market $194,000 Active 22 DOM
-
2026-06-15days on market $194,000 Active 21 DOM
-
2026-06-13days on market $194,000 Active 19 DOM
-
2026-06-09days on market $194,000 Active 15 DOM
-
2026-06-08days on market $194,000 Active 14 DOM
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2026-06-07statusdays on market $194,000 Active 13 DOM
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2026-06-04days on market $194,000 New 10 DOM
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2026-06-03days on market $194,000 New 9 DOM
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2026-06-02days on market $194,000 New 8 DOM
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2026-06-01days on market $194,000 New 7 DOM
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2026-05-31days on market $194,000 New 6 DOM
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2026-05-25$194,000 New
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2023-10-05soldstatus
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2023-10-04soldstatus Sold 1566-char remark
Show marketing remark (1566 chars)
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
-
2023-10-04soldstatus Closed
Show marketing remark (1566 chars)
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
-
2023-09-06status Pending
Show marketing remark (1566 chars)
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
-
2023-09-06status Pending 1566-char remark
Show marketing remark (1566 chars)
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
-
2023-09-06status Pending
Show marketing remark (1566 chars)
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
-
2023-09-01historical Active Option 1566-char remark
Show marketing remark (1566 chars)
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
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2023-08-03$179,900 Active
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2023-08-02$179,900 Active
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2023-08-01$179,900 New 1566-char remark
Show marketing remark (1566 chars)
Welcome to your dream retreat on almost half an acre in CLTX! STR Friendly! This captivating 3-bedroom, 2-bathroom home is a nature lover's paradise, situated in the picturesque Canyon Lake, TX. Embrace the serene beauty of the surrounding landscape, where lush, mature trees offer shade and tranquility, creating a private oasis just steps away from your door. This well-designed layout offers ample space for your family and guests, providing comfort and privacy for everyone. Sunlight streams through large windows, accentuating the warm and inviting ambiance throughout the home. Spacious Living area is the perfect place to gather with loved ones in the generous living room, featuring an open concept design, perfect for entertaining and creating unforgettable memories. Escape to your private master suite, complete ensuite bathroom, ensuring relaxation and rejuvenation after a long day. Step outside to a vast backyard, surrounded by majestic mature trees that provide shade, tranquility, and a sense of harmony with nature. Host gatherings or simply unwind on the front patio, enjoying the sounds of nature and the fresh breeze that this idyllic setting offers. This property is ideally located, providing easy access to nearby amenities plus a brand new HVAC system & tankless water heater. The neighborhood offers a pool, park/playground, club house & more. Schedule your viewing today and begin your journey to embracing the blissful lifestyle this property has to offer! 2 miles to Cranes Mill Park/Marina, the ultimate lake lifestyle/getaway!
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2016-05-31soldstatus
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1982-09-21soldstatus
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $1,380 · $115/mo
- Projected year-2 tax
- $3,550 · $296/mo
- Expected delta
- +$2,170/yr (+$181/mo · 157.3%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
- Wind 6/10 Major 68% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,982
- − Mortgage interest
- −$10,867
- − Property taxes
- −$1,380
- − Insurance
- −$970
- − Repairs & maintenance
- −$1,839
- − Management
- −$1,839
- − HOA
- −$96
- − Depreciation
- −$5,644
- Taxable income
- $349
- Est. tax owed @ 24.0%
- −$84
- After-tax cash flow
- $3,418/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Comal ISD
- NCES district ID
- 4814730
- Math proficiency
- 57% ▼ -9.00%
- Reading proficiency
- 59% ▼ -2.00%
- Median HH income
- $74,792
- Composite
- 51.79/100
- National rank
- #1671
- State rank
- #58 of 826 in TX
Livability — Canyon Lake
- Score
- 67/100
- State rank
- #534
- US rank
- #10441
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Canyon Lake, TX
- County
- Comal County · 206,262 people
- City population
- 42,159
- Metro
- San Antonio-New Braunfels, TX
- Population (ZIP)
- 21,959
- Household income
- $83,853
- Rent vs Own
- Severe rent burden
- 402.0
Population outlook (Comal County) Hauer SSP2
- Today (2025)
- 175,637 people
- By 2030
- 199,911 · +13.8%
- By 2040
- 249,436 · +42.0%
- By 2050
- 299,430 · +70.5%
- By 2075
- 423,857 · +141.3%
- By 2100
- 512,048 · +191.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Hispanic / Latino 20% Two or more races 10% Black 2%
- Hispanic origin (detail)
- Mexican 15%
- Common ancestry
- Lithuanian 3% Romanian 3% Italian 3%
- Foreign-born
- 4% · Canada
- Languages at home
- 91% English-only · Spanish 7%
Political lean MEDSL · Comal
- 2024 margin
- Solid R (+45.5) · D 26.8% · R 72.2%
- 2008→2024 swing
- +1.9pp toward D · 2008: -47.4pp · 2024: -45.5pp
- All cycles
- 2024: R+45.5 2020: R+42.7 2016: R+50.1 2012: R+54.1 2008: R+47.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -111.36%
- Current HPI
- 218.4633
- Rent YoY
- ▼ -1.20%
- Metro
- San Antonio-New Braunfels, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
|
||
| Technology | 5 | $198B |
|
||
| Engineering / Construction | 4 | $72B |
|
||
| Energy Services | 3 | $60B |
|
||
| Utilities | 3 | $41B |
|
||
| Healthcare | 2 | $330B |
|
||
Price history
+7.8% since first listed13 events — show timeline
- 2026-05-25 Listed $194,000 LERA
- 2023-10-05 Sold (Public Records) — Public Records
- 2023-10-04 Sold (MLS) — LERA
- 2023-10-04 Sold (MLS) — Unlock MLS
- 2023-09-06 Pending — Unlock MLS
- 2023-09-06 Pending — LERA
- 2023-09-06 Pending — CTXMLS
- 2023-09-01 Contingent — LERA
- 2023-08-03 Listed $179,900 Unlock MLS
- 2023-08-02 Listed $179,900 CTXMLS
- 2023-08-01 Listed $179,900 LERA
- 2016-05-31 Sold (Public Records) — Public Records
- 1982-09-21 Sold (Public Records) — Public Records
Property tax history
+1.8%/yrLatest (2026): $1,380 · -13.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…