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Canyon Lake Acreage Opportunity
For Sale
$164,000

491 Gallagher Dr, Canyon Lake, TX 78133

LAND - Canyon Lake, TX

Property SizeContact for details
Lot Size3.09 Acres
Days on Market155

Property Features for 491 Gallagher Dr

General Information

Property type Land
Property subtype Other
Zoning RESIDENTIAL
Elementary school Call District
Middle school Call District
High school Call District
Elementary school district Comal
Middle school district Comal
High school district Comal
Subdivision 2603
Standard status Active
Lot size 3.09 Acres

Taxes and HOA fees

Tax Annual Amount 2991
Listing Agency: LPT Realty, LLC
Listed By: Cheryl Carpenter-Bourgeois · License #0695906
Added: Mar 7 Changed: Apr 15 Last Checked: Aug 9 at 10:06AM
MLS# 1846570

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.09-acre property is located in Canyon Lake, Texas. The land offers the opportunity to build a custom home or establish a home-based business, subject to county requirements verification by the buyer. The property has no restrictions and no homeowners association. Portions of the property are wooded, allowing for privacy or selective clearing. The current list price has been adjusted to reflect an existing PEC easement. The seller successfully worked with the appraisal district to reduce the taxable value, helping lower future carrying costs. Originally, the newly created subdivision consisted of only four lots. Refer to the subdivision plat for more details.

Key Highlights

  • Below tax appraisal value, adjusted for PEC easement.
  • 3.09 acres with no restrictions and no homeowners association.
  • Seller successfully reduced taxable value, lowering future carrying costs.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Auto Parts Store Hair Salon Big Box & Wholesale Store Law Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 78133, TX

20,787
Population
11,208
Households
1.9
Avg Household Size
52
Median Age
33%
College-Educated
94%
High-School Grad
75.5 sq mi
ZIP Area
275
Density / Sq Mi
$80,777
Median Household Income
$45,470
Median Earnings
$1,236
Median Rent
$300,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3.09 acres in Canyon Lake, Texas, with no restrictions.
Where is this residential land & home lot located?
The property is located at 491 Gallagher Dr Canyon Lake, TX.
What is the asking price?
The asking price for this property is $164,000.
What are key features of this property?
This property features: Below tax appraisal value, adjusted for PEC easement.; 3.09 acres with no restrictions and no homeowners association.; Seller successfully reduced taxable value, lowering future carrying costs.
More about this property
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