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About This Home
This 8-bedroom, 0-bathroom mobile home at 1235 Skylark Drive in Canyon Lake, TX is listed for $299,000 ($93 per sqft). Built in 2005, the home offers 3,208 sqft of living space on a 0.81 acres lot.
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.
Key Features
- Built in 2005
- 0.81 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1235 Skylark Drive
Canyon Lake, TX 78133
Waterfront Park
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom mobile home at 1235 Skylark Drive is listed at $299,000 ($93/sqft). The estimated monthly payment is $1,296 based on 20% down at 6.5% interest.
Key features include: Built in 2005, 0.81 acre lot.
This property is listed by Sarah McDaniel and can be reached at 9793081385 or sarah@greenbeltrealty.com.