1376 Hedgestone · Canyon Lake, TX 78133

$249,900

3 bd · 2.0 ba · 1,244 sqft · SingleFamily public records · 151 Days on market

Built 2018 9,975 sqft lot $201/sqft · 9% below area Est $275k · 9% under $2/mo HOA

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Why this score? — see what drove the D- 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).

• ARV discount +11.6/15.0
• Cash flow +9.1/30.0
• Schools +5.2/10.0
• Livability +3.4/5.0
• 1% rule +2.7/10.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious Open Concept Home on 1/4 Acre in Canyon Lake This beautifully designed home features an open floor plan with a seamless dining and living room combination, perfect for both everyday living and entertaining. Situated on a generous 1/4 acre lot in desirable Canyon Lake, the home offers tile flooring throughout for a clean, cohesive look and easy maintenance. The kitchen is well appointed with ample cabinet space, countertops, and a convenient breakfast bar. A large window above the sink provides a pleasant view of the backyard, filling the space with natural light. The primary suite is a true retreat, showcasing elegant coffered ceilings, a walk-in closet, and a stunning picture window overlooking the backyard, creating a bright and relaxing atmosphere. Tanglewood Shores offers exceptional amenities for a true lakeside lifestyle. Residents enjoy access to a scenic golf course, as well as a clubhouse available to rent for private events and gatherings. The community pool provides the perfect place to cool off, with water aerobics classes offered during the summer months. Outdoor recreation abounds with a dedicated lakefront area featuring a covered picnic pavilion, grills, picnic tables, adult swings, and a playground. Stay active with sand volleyball and basketball courts, or relax by the swimming area complete with a floating dock and slide. For water enthusiasts, the community includes multiple boat docks for day use, a convenient boat launch, and excellent fishing opportunities-making it easy to enjoy everything lakeside living has to offer.

Key facts

• 1/4 acre
• Primary suite
• Tile flooring

Tags

• 1/4 ACRE
• TILE FLOORING
• GRANITE COUNTERTOPS
• BREAKFAST BAR
• LARGE WINDOW
• PRIMARY SUITE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $-192 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $216k (13.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (22.9% below list).
• Recommended offer: $193k (22.9% below list) — sets the bar for 1% rule.
• Cap rate 5.4% 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: schools C-, amenities F, commute 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.
• Market conditions: Rents soft (-1.2%/yr); 1014 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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 $2k of loan paydown is wiped out by about $7k 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 151 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 8y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 68% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,560 (22.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 151 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. 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.
11. 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.
12. 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: 0.77% ✗
• Cap rate: 5.37%
• Cash-on-cash: -3.30%
• DSCR: 0.85
• GRM: 10.8

CMA / ARV

• ARV (median comp): $274,979
• List price: $249,900
• Delta: -9.12%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1290 Clearcreek	0.31mi	3/2.0	1,244 (0%)	12mo	$249,900	$201	75
563 Oak Trl	0.46mi	3/2.0	1,280 (+3%)	1mo	$225,000	$176	73
408 Clay Rdg	0.16mi	3/2.0	1,097 (-12%)	4mo	$185,000	$169	69
1072 Hedgestone	0.29mi	3/2.0	1,216 (-2%)	17mo	$167,500	$138	69
535 Oak Trl	0.45mi	3/2.0	1,282 (+3%)	8mo	$229,900	$179	67
1008 Greenbriar	0.37mi	3/2.0	1,404 (+13%)	11mo	$318,000	$226	52

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

5-year hold

• IRR: -25.2%
• Equity multiple: 0.17×
• Total profit: $-58,374
• Equity at exit: $37,261

10-year hold

• IRR: -34.0%
• Equity multiple: -0.26×
• Total profit: $-88,338
• Equity at exit: $21,607

Cash invested: $69,972 (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

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78133

• Home prices YoY: -33.8%
• Rents YoY: -1.2%
• Active inventory: 1014
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,926 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$297 /mo · $3,565/yr
• Insurance: −$104
• HOA: −$2
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $-192

Break-even live

Break-even rent $2,169

Max offer price $215,904

Occupancy floor —

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1123 Hedgestone Canyon Lake, TX	3.0	2.0	1344	$1,450	$1.08	24d	1	0.23mi
578 Misty Glen Dr Canyon Lake, TX	3.0	2.0	1277	$1,850	$1.45	12d	1	0.47mi
1660 McIver Canyon Lake, TX	3.0	2.5	1378	$3,450	$2.50	44d	1	0.86mi
2121 Fuller Dr Canyon Lake, TX	3.0	1.0	1130	$1,550	$1.37	44d	1	1.13mi
1200 Willow Dr Canyon Lake, TX	2.0	2.5	1360	$1,875	$1.38	44d	1	1.47mi

HOA detail

• Monthly dues: $2 · $24/yr
• Likely covers: waterpool

Listing history 42 events

1. 2026-06-18
   days on market $249,900 Active 151 DOM
2. 2026-06-17
   days on market $249,900 Active 150 DOM
3. 2026-06-16
   days on market $249,900 Active 149 DOM
4. 2026-06-15
   days on market $249,900 Active 148 DOM
5. 2026-06-13
   days on market $249,900 Active 146 DOM
6. 2026-06-09
   days on market $249,900 Active 142 DOM
7. 2026-06-08
   days on market $249,900 Active 141 DOM
8. 2026-06-07
   days on market $249,900 Active 140 DOM
9. 2026-06-04
   days on market $249,900 Active 137 DOM
10. 2026-06-03
    days on market $249,900 Active 136 DOM
11. 2026-06-02
    days on market $249,900 Active 135 DOM
12. 2026-06-02
    days on market $249,900 Active 134 DOM
13. 2026-05-31
    statusdays on market $249,900 Active 133 DOM
14. 2026-05-20
    price $249,900 1582-char remark

    Show marketing remark (1582 chars)

    Spacious Open Concept Home on 1/4 Acre in Canyon Lake This beautifully designed home features an open floor plan with a seamless dining and living room combination, perfect for both everyday living and entertaining. Situated on a generous 1/4 acre lot in desirable Canyon Lake, the home offers tile flooring throughout for a clean, cohesive look and easy maintenance. The kitchen is well appointed with ample cabinet space, countertops, and a convenient breakfast bar. A large window above the sink provides a pleasant view of the backyard, filling the space with natural light. The primary suite is a true retreat, showcasing elegant coffered ceilings, a walk-in closet, and a stunning picture window overlooking the backyard, creating a bright and relaxing atmosphere. Tanglewood Shores offers exceptional amenities for a true lakeside lifestyle. Residents enjoy access to a scenic golf course, as well as a clubhouse available to rent for private events and gatherings. The community pool provides the perfect place to cool off, with water aerobics classes offered during the summer months. Outdoor recreation abounds with a dedicated lakefront area featuring a covered picnic pavilion, grills, picnic tables, adult swings, and a playground. Stay active with sand volleyball and basketball courts, or relax by the swimming area complete with a floating dock and slide. For water enthusiasts, the community includes multiple boat docks for day use, a convenient boat launch, and excellent fishing opportunities-making it easy to enjoy everything lakeside living has to offer.

15. 2026-05-08
    price $257,400 1582-char remark

    Show marketing remark (1582 chars)

    Spacious Open Concept Home on 1/4 Acre in Canyon Lake This beautifully designed home features an open floor plan with a seamless dining and living room combination, perfect for both everyday living and entertaining. Situated on a generous 1/4 acre lot in desirable Canyon Lake, the home offers tile flooring throughout for a clean, cohesive look and easy maintenance. The kitchen is well appointed with ample cabinet space, countertops, and a convenient breakfast bar. A large window above the sink provides a pleasant view of the backyard, filling the space with natural light. The primary suite is a true retreat, showcasing elegant coffered ceilings, a walk-in closet, and a stunning picture window overlooking the backyard, creating a bright and relaxing atmosphere. Tanglewood Shores offers exceptional amenities for a true lakeside lifestyle. Residents enjoy access to a scenic golf course, as well as a clubhouse available to rent for private events and gatherings. The community pool provides the perfect place to cool off, with water aerobics classes offered during the summer months. Outdoor recreation abounds with a dedicated lakefront area featuring a covered picnic pavilion, grills, picnic tables, adult swings, and a playground. Stay active with sand volleyball and basketball courts, or relax by the swimming area complete with a floating dock and slide. For water enthusiasts, the community includes multiple boat docks for day use, a convenient boat launch, and excellent fishing opportunities-making it easy to enjoy everything lakeside living has to offer.

16. 2026-03-31
    price $259,900 1582-char remark

    Show marketing remark (1582 chars)

    Spacious Open Concept Home on 1/4 Acre in Canyon Lake This beautifully designed home features an open floor plan with a seamless dining and living room combination, perfect for both everyday living and entertaining. Situated on a generous 1/4 acre lot in desirable Canyon Lake, the home offers tile flooring throughout for a clean, cohesive look and easy maintenance. The kitchen is well appointed with ample cabinet space, countertops, and a convenient breakfast bar. A large window above the sink provides a pleasant view of the backyard, filling the space with natural light. The primary suite is a true retreat, showcasing elegant coffered ceilings, a walk-in closet, and a stunning picture window overlooking the backyard, creating a bright and relaxing atmosphere. Tanglewood Shores offers exceptional amenities for a true lakeside lifestyle. Residents enjoy access to a scenic golf course, as well as a clubhouse available to rent for private events and gatherings. The community pool provides the perfect place to cool off, with water aerobics classes offered during the summer months. Outdoor recreation abounds with a dedicated lakefront area featuring a covered picnic pavilion, grills, picnic tables, adult swings, and a playground. Stay active with sand volleyball and basketball courts, or relax by the swimming area complete with a floating dock and slide. For water enthusiasts, the community includes multiple boat docks for day use, a convenient boat launch, and excellent fishing opportunities-making it easy to enjoy everything lakeside living has to offer.

17. 2026-03-06
    price $264,900 1582-char remark

    Show marketing remark (1582 chars)

    Spacious Open Concept Home on 1/4 Acre in Canyon Lake This beautifully designed home features an open floor plan with a seamless dining and living room combination, perfect for both everyday living and entertaining. Situated on a generous 1/4 acre lot in desirable Canyon Lake, the home offers tile flooring throughout for a clean, cohesive look and easy maintenance. The kitchen is well appointed with ample cabinet space, countertops, and a convenient breakfast bar. A large window above the sink provides a pleasant view of the backyard, filling the space with natural light. The primary suite is a true retreat, showcasing elegant coffered ceilings, a walk-in closet, and a stunning picture window overlooking the backyard, creating a bright and relaxing atmosphere. Tanglewood Shores offers exceptional amenities for a true lakeside lifestyle. Residents enjoy access to a scenic golf course, as well as a clubhouse available to rent for private events and gatherings. The community pool provides the perfect place to cool off, with water aerobics classes offered during the summer months. Outdoor recreation abounds with a dedicated lakefront area featuring a covered picnic pavilion, grills, picnic tables, adult swings, and a playground. Stay active with sand volleyball and basketball courts, or relax by the swimming area complete with a floating dock and slide. For water enthusiasts, the community includes multiple boat docks for day use, a convenient boat launch, and excellent fishing opportunities-making it easy to enjoy everything lakeside living has to offer.

18. 2026-01-16
    listed $274,900 New 1582-char remark

    Show marketing remark (1582 chars)

    Spacious Open Concept Home on 1/4 Acre in Canyon Lake This beautifully designed home features an open floor plan with a seamless dining and living room combination, perfect for both everyday living and entertaining. Situated on a generous 1/4 acre lot in desirable Canyon Lake, the home offers tile flooring throughout for a clean, cohesive look and easy maintenance. The kitchen is well appointed with ample cabinet space, countertops, and a convenient breakfast bar. A large window above the sink provides a pleasant view of the backyard, filling the space with natural light. The primary suite is a true retreat, showcasing elegant coffered ceilings, a walk-in closet, and a stunning picture window overlooking the backyard, creating a bright and relaxing atmosphere. Tanglewood Shores offers exceptional amenities for a true lakeside lifestyle. Residents enjoy access to a scenic golf course, as well as a clubhouse available to rent for private events and gatherings. The community pool provides the perfect place to cool off, with water aerobics classes offered during the summer months. Outdoor recreation abounds with a dedicated lakefront area featuring a covered picnic pavilion, grills, picnic tables, adult swings, and a playground. Stay active with sand volleyball and basketball courts, or relax by the swimming area complete with a floating dock and slide. For water enthusiasts, the community includes multiple boat docks for day use, a convenient boat launch, and excellent fishing opportunities-making it easy to enjoy everything lakeside living has to offer.

19. 2022-08-05
    soldstatus Sold 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

20. 2022-08-05
    soldstatus

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

21. 2022-07-13
    status Pending 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

22. 2022-07-13
    status Back on Market 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

23. 2022-07-11
    status Pending 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

24. 2022-07-05
    historical Active Option 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

25. 2022-06-28
    status Back on Market 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

26. 2022-06-08
    status Pending 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

27. 2022-05-30
    historical Active Option 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

28. 2022-05-19
    listed $325,000 New 810-char remark

    Show marketing remark (810 chars)

    Buyer's financing fell through 2 weeks prior to closing!! BACK ON MARKET...Beautiful home nestled into a quiet neighborhood with mature trees and an abundance of wildlife. Step inside and you'll find absolutely NO Carpet throughout the home. The kitchen offers generous amounts of counter space and cabinetry, plus a tasteful Texas limestone accent wall that encapsulates the kitchen island. Vaulted ceilings and thoughtful lighting upgrades punctuate the dramatic entrance. The front yard comes with multiple raised garden beds and an immaculately cared for lawn, while the backyard is set up for chickens, complete with a custom designed chicken coop! Step into tranquility with this adorable home with its custom metal privacy fencing, just a short walk to Canyon Lake, Potters Creek Park and boat ramps!

29. 2022-05-11
    historical
30. 2022-04-22
    listed $359,000 New
31. 2018-11-09
    soldstatus
32. 2018-09-28
    soldstatus Sold
33. 2018-09-24
    soldstatus
34. 2018-06-12
    historical
35. 2018-06-12
    status Pending
36. 2018-06-05
    status Back on Market
37. 2018-06-05
    status Active
38. 2018-06-02
    status Pending with Option
39. 2018-06-02
    historical Active Option
40. 2018-05-30
    listed $142,900 Active
41. 2018-05-30
    listed $142,900 New
42. 2007-05-16
    soldstatus

ⓘ 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: $3,565 · $297/mo
• Projected year-2 tax: $4,573 · $381/mo
• Expected delta: +$1,009/yr (+$84/mo · 28.3%)

ⓘ 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 ≥107°F today · 22 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

Taxation est. · year 1

• Rental income: $23,107
• − Mortgage interest: −$13,998
• − Property taxes: −$3,565
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,849
• − Management: −$1,849
• − HOA: −$24
• − Depreciation: −$7,270
• Taxable loss: −$6,696
• Est. tax savings @ 24.0%: +$1,607
• After-tax cash flow: $-702/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

Amenities F Commute F Cost of living A Crime A- Employment A+ Housing A+ Health & safety F User ratings A+

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: 15.2% rent · 84.8% 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

+74.9% since first listed

29 events — show timeline

• 2026-05-20 Price Changed $249,900 LERA
• 2026-05-08 Price Changed $257,400 LERA
• 2026-03-31 Price Changed $259,900 LERA
• 2026-03-06 Price Changed $264,900 LERA
• 2026-01-16 Listed $274,900 LERA
• 2022-08-05 Sold (MLS) — LERA
• 2022-08-05 Sold (Public Records) — Public Records
• 2022-07-13 Pending — LERA
• 2022-07-13 Relisted — LERA
• 2022-07-11 Pending — LERA
• 2022-07-05 Contingent — LERA
• 2022-06-28 Relisted — LERA
• 2022-06-08 Pending — LERA
• 2022-05-30 Contingent — LERA
• 2022-05-19 Listed $325,000 LERA
• 2022-05-11 Listing Removed — LERA
• 2022-04-22 Listed $359,000 LERA
• 2018-11-09 Sold (Public Records) — Public Records
• 2018-09-28 Sold (MLS) — LERA
• 2018-09-24 Sold (Public Records) — Public Records
• 2018-06-12 Listing Removed — CTXMLS
• 2018-06-12 Pending — LERA
• 2018-06-05 Relisted — LERA
• 2018-06-05 Relisted — CTXMLS
• 2018-06-02 Pending — CTXMLS
• 2018-06-02 Contingent — LERA
• 2018-05-30 Listed $142,900 CTXMLS
• 2018-05-30 Listed $142,900 LERA
• 2007-05-16 Sold (Public Records) — Public Records

Property tax history

+25.8%/yr

Latest (2026): $3,565 · -19.6% YoY. Source: county tax records.