$672,500
500 Kings Point Dr, Canyon Lake, TX, 78133
$874,250 ARV
On Market
Just Added
Property Lead Type:
ARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Water Heater, Disposal, Multiple Water Heaters, Oven, Refrigerator, Trash Compactor, Some Electric Appliances, Water Softener Owned
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesBalcony, Dog Run, Porch, Private Yard, Propane Tank Owned, Storage
Lot Size28,314 sqft
Building Information
Year Built1972
Stories2
Roof Type105
Garage Spaces2
Land Information
APN25-0380-0045-01
Lot Number49
SubdivisionKings Point
Land UseResidential
Legal DescriptionKINGS POINT, BLOCK 1, LOT 49
Census Tract310609
Assessed Land Value$130,020
Assessed Improvement Value$407,420
Assessment Year2025
Investor Tools
$313,448Estimated Mortgage Balance
$596,552Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$874,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,460 /month
Positive
Cash Flow Estimate:
$1,820 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
$526/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,292
$537,440
2025
$130,020
$407,420
$537,440
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,292
$537,440
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Reverse Mortgage / Hecm
$622,500
No
First
Dec 5, 2008
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,448
$596,552
65%
34%
$2,519/mo
