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$124,900
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Property Description
Build your dream home on this beautiful 1-acre lot for sale in the gated Summit North community of Canyon Lake, Texas. Nestled in the scenic Texas Hill Country, this property offers breathtaking panoramic views and the potential for Canyon Lake water views with a two- or three-story home design. Enjoy the convenience of utilities available with water and electricity at the street, plus the option to drill a private well. The lot's gentle slope and natural landscape make it ideal for your custom build, vacation retreat, or investment property. Located just 12 minutes from Canyon Lake, grocery stores, restaurants, and local amenities, you'll have the perfect balance of tranquility and accessibility. Experience true Hill Country living in one of the area's most desirable gated communities.
Full Property Details
Full Property Details for 562 Prairie Tea Ln
General
- Price: $124,900
- HOA FEE: $29/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Lots/Land
- Source: Central_Texas_MLS
- MLS ID: 594303
- Updated: 11/2/2025
- Added to Site: 79 day(s) ago
Additional Information
- Security/Safety: Gated Community
Location
- County: Comal
- Subdivision: Summit North Ph 5
- Driving Directions: From FM 306 take N. Cranes Mills Rd. To Compass Rose and turn left. Go through the gate and turn left on Prairie Tea Ln second lot on the left.
School Information
- Elem School District: Comal ISD
- Midd School District: Comal ISD
- High School District: Comal ISD
Community
- Association: Yes
- Assoc. Name: Summit North
Utilities
- Sewer: Septic Needed
- Water: Community/Coop
- Utility Description: Electricity Available
Structural Information
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Panoramic, Rural
- Lot Size (Acres): 1.02
- Zoning: R
- Fencing (Description): None
Water Features
- Water Front Name: Countryside View, Hill Country View, Panoramic
Financial Considerations
- Association Fee: $350
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, USDA Loan, VA Loan
Disclosures and Reports
- Legal Description: SUMMIT NORTH PHASE 5, LOT 301
- Property ID: 106999
- Lot Number: 301
Listed by Realty Nation
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Schools
Schools serving 562 Prairie Tea Ln
School District:Comal Independent School District
| Name | Grades | Distance |
|---|---|---|
Rebecca Creek Elementary School 125 Quest Avenue, Spring Branch, TX 78070 | PK-5 | 2.5 mi |
Mt Valley Middle School 1165 Sattler Road, Canyon Lake, TX 78132 | 6-8 | 10.9 mi |
Canyon Lake High School 8555 Fm 32, Fischer, TX 78623 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 562 Prairie Tea Ln
Date
Details
Price
Change
Source
10/31/2025
Listed
$124,900
—
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 562 Prairie Tea Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,073
-17%
$87,390
20%
2023
$1,290
—
$72,830
-16%
2023
$1,290
-4%
$86,480
8%
2022
$1,349
106%
$80,110
120%
2021
$654
18%
$36,410
18%
2020
$554
60%
$30,950
70%
2018
$347
34%
$18,210
33%
2017
$258
-24%
$13,660
-25%
2015
$341
-20%
$18,210
-21%
2019
$426
25%
$22,940
26%
2014
$341
-2%
$18,210
—
2013
$347
—
$18,210
—
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 562 Prairie Tea Ln
562 Prairie Tea Lane, Canyon Lake, TX 78133 (MLS# 594303) is a Lots/Land property with a lot size of 1.02 acres. 562 Prairie Tea Lane is currently listed for $124,900 and was received on October 31, 2025. Want to learn more about 562 Prairie Tea Lane? Do you have questions about finding other Lots/Land 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.

