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$325,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 1235 Skylark Dr
General
- Price: $325,000
- Status: Active
- Type: Mobile Home
- Source: Central_Texas_MLS
- MLS ID: 607035
- Updated: 3/11/2026
- Added to Site: 2 day(s) ago
Interior
- Fireplace(s): None
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Some Electric Appliances
- Flooring: Carpet, Laminate, Vinyl
Rooms
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, In Unit
Location
- County: Comal
- Subdivision: Waterfront Park
- Driving Directions: From FM 2722, turn onto FM 2673 (Canyon Bend) heading toward Canyon Lake / Startzville. Continue on FM 2673 for about 3 miles. Turn left onto Oblate Drive. Continue on Oblate Drive for about 0.7 miles. Turn right onto Skylark Drive. Follow Skylark Drive for about 0.3 miles. 1235 Skylark will be on the right.
School Information
- Elem School District: Comal ISD
- Midd School District: Comal ISD
- High School District: Comal ISD
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Trash Collection Private
Structural Information
- Architectural Style: Modular/Prefab, Manufactured Home
- Structure Type: Manufactured House
- Construction: Clapboard
- Roof: Mixed
- Stories/Levels: 1
- Square Feet: 3,208
- Sq. Ft. Source: Appraiser
- Living Area: 3,208 Sq. Ft.
- Year Built: 2005
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.8063
- Frontage: County Road
- Fencing (Description): Cross Fenced, Wood
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Legal Description: WATERFRONT PARK, LOT 222R
- Property ID: 68500
- Lot Number: 222R
Listed by Greenbelt Realty
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Schools
Schools serving 1235 Skylark Dr
School District:Comal Independent School District
| Name | Grades | Distance |
|---|---|---|
Startzville Elementary School 42111 Fm 3159, Canyon Lake, TX 78133 | PK-5 | 1.4 mi |
Mt Valley Middle School 1165 Sattler Road, Canyon Lake, TX 78132 | 6-8 | 6 mi |
Canyon Lake High School 8555 Fm 32, Fischer, TX 78623 | 9-12 | 6.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1235 Skylark Dr
Date
Details
Price
Change
Source
3/11/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1235 Skylark Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,372
-37%
$336,260
—
2022
$6,930
—
$335,010
4%
2022
$6,930
—
$323,560
-21%
2022
$6,930
132%
$411,680
147%
2021
$2,989
5%
$166,520
5%
2020
$2,837
202%
$158,400
214%
2019
$939
2%
$50,520
5%
2018
$918
10%
$48,150
9%
2017
$832
-4%
$44,070
-4%
2016
$864
-4%
$46,130
-4%
2015
$903
-4%
$48,200
-4%
2014
$941
—
$50,260
2%
2013
$937
—
$49,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1235 Skylark Dr
1235 Skylark Drive, Canyon Lake, TX 78133 (MLS# 607035) is a Mobile Home property with 0 bedrooms and 0 full bathrooms. 1235 Skylark Drive is currently listed for $325,000 and was received on March 11, 2026. Want to learn more about 1235 Skylark Drive? Do you have questions about finding other Mobile Home real estate for sale in Canyon Lake? You can browse all Canyon Lake real estate or contact a Coldwell Banker agent to request more information.

