ActiveResidential · sale

1070 Timberlane

Canyon Lake, TX 78133

$397,000

  • 3 beds
  • 2 baths
  • 1,840 sq ft
  • 0.56 acres
  • Built 1969

Listed by eXp Realty, LLC · MLS #ACT2281015

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Inside, the open living room features soaring vaulted ceilings, exposed wood beams, recessed lighting, ceiling fans, and original wood flooring that adds warmth and character throughout the home.

Details worth a look

This charming home welcomes you with a covered wraparound porch and spacious deck, perfect for enjoying morning coffee, evening sunsets, and cool Texas breezes.

Year built

Built in 1969.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Buyers ask about the special incentive available when using the seller’s preferred lender. Welcome, Hill Country charm, relaxed lake living in highly desirable community. Mature trees and peaceful natural scenery, this south facing property offers beautiful lake views, timeless character, and inviting indoor and outdoor living spaces designed for both relaxation and entertaining.
This charming home welcomes you with a covered wraparound porch and spacious deck, perfect for enjoying morning coffee, evening sunsets, and cool Texas breezes. Inside, the open living room features soaring vaulted ceilings, exposed wood beams, recessed lighting, ceiling fans, and original wood flooring that adds warmth and character throughout the home. Large windows allow natural light to fill the space while creating a bright and comfortable atmosphere.
The kitchen offers quartz countertops, stainless steel appliances, refrigerator, electric range, tile flooring, and generous cabinet and counter space ideal for cooking and hosting guests.
Two secondary bedrooms are located downstairs, both featuring walk in closets. The downstairs full bathroom includes quartz countertops, tile flooring, a single sink vanity, and tub and shower combination.
Upstairs, the private primary suite serves as a relaxing escape with vaulted ceilings recessed lighting, wood beam accents, ceiling fan, and a spacious walk in closet. The ensuite bathroom features dual sinks, quartz countertops, tile flooring, and a large walk in shower.
Additional highlights include a security system, covered parking area, wood fencing, wraparound deck, mature landscaping, and peaceful surroundings. Residents of Canyon Lake Hills enjoy access to community amenities including a swimming pool, parks, sports courts, picnic areas, and nearby lake access. Whether you are searching for a full time residence, vacation home, or investment opportunity, this property offers the perfect blend of comfort, charm, and Canyon Lake lifestyle.

THE NEIGHBORHOOD

Explore the location.

1070 Timberlane, Canyon Lake, TX 78133

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Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1969
Full baths
2
Half baths
0
Garage spaces
0
Cooling
Ceiling Fan(s), Electric
Heating
Ceiling, Electric, Hot Water
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Range, Free-Standing Electric Range, Free-Standing Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
Flooring
Tile, Wood
Fencing
Back Yard, Fenced, Partial, Perimeter, Wood
Accessibility
None
Pool features
None
Subdivision
Canyon Lake Hills 1
Parcel
9869
HOA
Canyon Lake Hills
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Startzville
Middle school
Mountain Valley Middle
High school
Canyon Lake
Annual property tax
$5,163.87
HOA fee
$24.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$764.67
Estimated monthly rent$1,654.17
Cap rate2.56%

Annual operating income: $10,168.56

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1070 Timberlane, Canyon Lake, TX 78133 · MLS #ACT2281015

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Listing information

MLS #ACT2281015 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Cederick Harris

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.