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$335,000

For Sale - Active
941 Park View Loop, Canyon Lake, TX 78133
2 Beds
2 Baths
1,245 Square Feet
0.00 Acres Lot
Built in 1985
For Sale - Active
Units n/a
Checked: 19 hours ago
Updated: Sep 24, 2025 at 10:02AM

Investment Summary


Monthly Cash Flow
-$692
Cap Rate
3.2%
Cash-on-Cash Return
-10.8%
Debt Coverage Ratio
0.56
Internal Rate of Return (5 years)
-6.4%

Property Description


0.00 Acres Lot
Built in 1985
For Sale - Active
Units n/a

= Seller Incentives of $10,000. Charming Lake House with Private Pool. Tucked into a peaceful, natural setting, this inviting lake house offers the perfect blend of relaxation and recreation. Ideally located near a conveniently accessible boat ramp, it's a dream for water lovers seeking both tranquil lake living and easy access to aquatic adventures. Whether you're looking for a full-time residence or a weekend retreat, this property delivers an idyllic escape. The exterior features warm, earthy tones that complement the natural surroundings, while a private in-ground pool and spacious rear deck-just off the dining area-provide the perfect setting for outdoor entertaining and unwinding. The fully fenced backyard offers safety, privacy, and room to enjoy the outdoors. Inside, you'll find a cozy, low-maintenance interior filled with natural light. The open-concept living space flows seamlessly into a modern kitchen with updated appliances and a smart layout, making daily living and entertaining a breeze. A dining area with large glass windows brings the outside in and offers serene views while you dine. The home includes a comfortable primary suite with a private en-suite bath, plus a versatile second bedroom ideal for guests, a home office, or hobby room. With classic charm, modern comforts, and a location that combines convenience and natural beauty, this lake house is ready to help you create lasting memories-whether year-round or as a relaxing weekend getaway. Two additional lots are available to purchase with this property providing additional space.

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Location


Property Details


Parking

  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Composition
  • Pool: Yes

HOA

  • Has HOA: Yes
  • Association: CANYON SPRINGS RESORT POA
  • HOA Fee: $24/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 130380466500
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: One Story, Traditional
  • Year Built: 1985

Tax Information

  • Annual Tax: $4,169

Utilities

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Comal

Listing Details


Listed by:
Timothy Fredrickson
Lake Homes Realty, LLC
(281) 705-7720

Source:
San Antonio Board of REALTORS
MLS#: 1885419
San Antonio Board of REALTORS

Investment Summary


Monthly Cash Flow
-$692
Cap Rate
3.2%
Cash-on-Cash Return
-10.8%
Debt Coverage Ratio
0.56
Internal Rate of Return (5 years)
-6.4%

Purchase Details

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Purchase price:
$335,000
Amount financed:
-$268,000
Down payment:
$67,000
Closing costs:
$10,050
Rehab costs:
$0
Initial cash invested:
$77,050
Square feet:
1,245
Cost per square foot:
$269
Monthly rent per square foot:
$1.45

Financing Details

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Loan amount:
$268,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,585
Property tax:
$347
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,058

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (19%)
19%-$347-$4,169
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (0%)
0%-$2-$24
Total operating expenses: (44%)
44%-$799-$9,593

Cash Flow


Monthly Yearly
Net operating income:
$893 $10,716
Mortgage payments:
-$1,585 -$19,020
Cash flow:
-$692 -$8,304