1235 Skylark Drive

Canyon Lake, TX 78133

About this property

Sellers are open to Owner Financing! 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.

About this property

Sellers are open to Owner Financing! 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.

Features and Additional Information

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$299,000 Active
3,208 sqft

Presented By Coldwell Banker Commercial Gateway

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Greenbelt Realty
1-979-308-1385
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Area Information

| Comal County | Waterfront Park

$ 299,000
This listing is play_arrow 64.3% higher than the average in the area
$ 181,950 in the area
3,208 SqFt
This listing is play_arrow 55.3% larger than the average in the area
2,066 SqFt in the area
$ 93 $/SqFt
This listing is play_arrow 14.1% more than the average in the area
$ 82 $/SqFt in the area
172 days on site
This listing is play_arrow 17.4% above the average in the area
147 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Sarah McDaniel
Brokerage: Greenbelt Realty

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