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Property profile & analytics
OFF-MARKET
Office buildings
16740 Fm 306 Canyon Lake, TX 78133-3109
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1327073
Property summary
AI-generated overview
This single-story, 1,100-square-foot commercial building in Canyon Lake, TX, offers flexible space ideal for retail or office use. Built in 1983 and renovated in 2022, the property sits on a 0.21-acre lot at 16740 FM306, 78133, boasting excellent visibility. Currently configured for a single tenant, it can easily accommodate two tenants with a shared restroom. The layout includes three private offices, a reception/lobby with kitchenette, a storage closet, and a large open area. The minimum divisible space is 550 square feet, with a maximum contiguous space of 1,100 square feet. Located in Comal County, this property presents a unique opportunity for businesses seeking a well-maintained space with high visibility in a desirable location. The building features two suites and offers convenient access to Canyon City. This is a prime opportunity to establish or expand your business in a thriving community.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
1,456 SF
Lot
0.21 ac (8,973 SF)
APN
15-0105-0001-01
UPID
US82-1327073
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cltx Holdings LLC · 1 yrs held
Cltx Holdings LLC
since 2025
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Canyon Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canyon Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,856
Tax year 2023
Assessed value
$258,560
Assessed 2023
Previous assessed
$258,560
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$46,263
Assessed improvement
$212,297
Land market value
$46,263
Improvement market value
$212,297
Total market value
$258,560
Applied tax rate
46.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,456 SF
Lot
0.21 ac (8,973 SF)
APN
15-0105-0001-01
UPID
US82-1327073
Jurisdiction
COMAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Cltx Holdings LLC
Entity
Mailing address
1700 N VLY MLS DR, WACO, TX 76710-2570
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
—
Cltx Holdings LLC
Fm 306 Holdings LLC
Deed
$240,000 · Jefferson Bank
Apr 10, 2019
—
Ronald W Mcmahan JR
Clearwater Properties
Warranty Deed
$142,000 · Clearwater Properties
—
—
Properties Clearwater
—
Loan Modification
related
$130,000 · Jefferson State Bank
—
—
Properties Clearwater
—
Loan Modification
related
$113,118 · Jefferson Bank
—
—
Properties Clearwater
—
Loan Modification
related
$130,000 · Jefferson State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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