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Verified property facts
196 Lakewood Ct is zoned for Comal ISD with assigned schools: Rebecca Creek (elementary), Mountain Valley Middle (middle), Canyon Lake (high). School assignments should be verified directly with the district.
196 Lakewood Ct is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 196 Lakewood Ct is $2,771. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($39,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 196 Lakewood Ct is around $1,263 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Discover the rare opportunity to own 2.75 unrestricted acres in the heart of Canyon Lake at 196 Lakewood Ct. This exceptional property offers the freedom to build and use the land exactly how you envision—whether for a custom home, weekend retreat, investment property, or even commercial use.
Much of the cedar has already been cleared, saving you time and expense while providing a head start for your plans. The gently usable terrain makes it easy to bring your vision to life.
Located just minutes from some of Canyon Lake’s most popular destinations—including Whitewater Amphitheater, Camp Fimfo, and the lake itself—you’ll enjoy both convenience and the charm of a tight-knit, welcoming community.
With ZERO restrictions and endless possibilities, this is a unique chance to secure a versatile piece of Texas Hill Country land in a highly desirable area.
Property Type
Land
Lot Size
2.75 acres
Listed by Compass RE Texas, LLC
Property Details
Features
Lot Features
Fencing

Comal ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($40K)
$199,000
Luxury property intelligence
A sourced read on Lakewood Estates pricing, timing, and property scale. No automated valuation claim.
List price
$199,000
Price per sqft
Not available
Vs. Lakewood Estates median
Not available
Days on market
33 days
Original to current
No verified reduction
$199K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 6, 2026.
Request Private Market AnalysisAt $199,000, 196 Lakewood Ct is in the Lakewood Estates market where there are currently 88 active listings in 78133. The Keenan Group has completed 3 transactions in 78133 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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Recent sales for market context