1235 Skylark Drive, Canyon Lake, TX 78133
- $299,000
- 3,208
- SqFt
- List Price
- $299,000
- Price Change
- ▼ $26,000 1777593084
- MLS#
- 607035
- Status
- ACTIVE
- County
- Comal
- City
- Canyon Lake
- Subdivision
- Waterfront Park
- Living Area
- 3,208
- Acres
- 0.81
Property Description
Seller will consider offering a seller second lien up to $90,000 with acceptable terms. 3 Rental Income Producing Units! This income-producing property features 3 residences on one lot—2 mobile homes and 1 modular home—offering multiple revenue streams in a high-demand Hill Country rental market. Two of the homes are currently leased long-term for a combined $2,475/month, while the third operates as a short-term rental with pro forma income bringing total projected rents to approximately $3,675/month ($44,100 annually). It also has one more buildable space for another unit to be added. Whether you’re expanding a rental portfolio or looking for a value-add opportunity in the Canyon Lake market, 1235 Skylark delivers immediate income with upside potential in one of the fastest-growing recreational areas in Central Texas.
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Additional Information
- Days on Market
- 139
- Year Built
- 2005
- Style
- Modular/Prefab, Manufactured Home
- Stories
- 1
- Cooling
- Electric
- Heating
- Electric
- Roof
- Mixed
- Pool Description
- None
- School District
- Comal ISD
Mortgage Calculator
Listing courtesy of Listing Agent: Sarah McDaniel (sarah@greenbeltrealty.com) from Listing Office: Greenbelt Realty.