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Listed price in listed location currency (USD).
$325,000

000

MLS® 607035

  • Key Facts
  • Description
  • Map

Key Facts

Type Mobile Home
Levels Residential
Size 3208 sqft
Garage No
Taxes 
Days Active 7
Lot Size 0.8063 acres
Approx. Age 2005
Avg. Price Per Sqft $101
MLS® Number 607035

Property Address: 1235 Skylark Dr, Canyon Lake, TX, 78133-6132

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity at 1235 Skylark in Canyon Lake! This income-producing property features three residences on one lot—two mobile homes and one 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. At the asking price of $325, 000, the property offers an estimated gross cap rate of approximately 9.5%, making it a compelling option for investors seeking strong cash flow and diversification between long- and short-term rental strategies. 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.
MLS® Number607035
Laundry LevelWasher Hookup, Electric Dryer Hookup, In Unit
Central VacNo
FireplaceNo
Acreage0.8063
Exterior
GarageNo
Approx. Age2005
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
1235 Skylark Dr, Canyon Lake, TX

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