156 Canyon Bend Canyon Lake, TX 78133
Office building plus detached garage, served by city water and septic, in unincorporated Comal County off FM 2673.
Property Features for 156 Canyon Bend
General Information
- Standard status
- Active
- Size
- 2,842 SF
- Lot size
- 0.66 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing office (210) 343-7821
Listing date Jul 15, 2026
Source Marcusmillichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of James Stewart, CCIM
Investment Insights
Based on property information with market context.
The building is located just off FM 2673, the primary commercial corridor serving Canyon Lake, with the lake described as within two miles. The property is situated in unincorporated Comal County.
As an office asset with dedicated garage space, the configuration supports practical on-site use while maintaining flexibility under the county’s unincorporated setting.
Key Highlights
- 1,592‑SF office building with a 1,250‑SF detached garage on approximately 0.66 acres
- Served by city water and septic
- Located just off FM 2673, the primary commercial corridor serving Canyon Lake
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.8k | $22.08 |
| − Vacancy | −$11.1k | −$3.91 |
| EGI | $51.6k | $18.17 |
| − OpEx | −$12.9k | −$4.54 |
| NOI | $38.7k | $13.63 |
