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Off market
  • Tax assessed value
    $18,100,270

    444 Bailey Dr, Canyon Lake, TX 78133

    2beds
    2baths
    1,366Square Feet
    VacantLand
    Built in 1990
    1,366 Square Feet Lot
    $-- Zestimate®
    $8,554/sqft
    $1,972 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,972/mo

    Zestimate® history
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    $115,843/mo

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    What's special

    Purgatory Ranch - Canyon Lake, TX and its surroundings are recognized as one of the most scenic areas of the Texas Hill Country. The Purgatory Ranch is 1,366 acres situated on the southern end of the Devil's Backbone formation, part of the Balcones Escarpment. Thirteen miles west of I-35 at San Marcos, the ranch provides convenient access to Wimberly to the north, to Gruene and New Braunfels in the south, and to the Hill Country Yacht Club on Canyon Lake in the west. The ranch's frontage on Purgatory Road is high fenced, over 7,000 feet. The southern and eastern portions of the ranch have pastures studded with live oaks; the larger portion of the ranch offers the dramatic topography unique to this area of Texas. High ridges (nearly 450 ft of elevation change) overlook park-like meadows and creeks running through the canyons. The ranch is well-watered, with four wells, several small springs feeding the main creek. Improvements include a modest 2,116 sq.ft. ranch home, large shop, practical equipment shed, 150x300 ft lighted arena and a 7-stall horse barn. The large Faber/Bailey homestead, although uninhabitable, could be transformed into a winery or restaurant to take advantage of its unique architectural features.The ranch will support around 40 cow-calf pairs in the upper pastures, and turkey and white tail deer are abundant in the rougher terrain. The ranch offers tremendous conservation easement potential as well. Purgatory Ranch, in the heart of one of the fastest growing areas of Texas, could be utilized as a destination venue, premier acreage development, a personal estate, game ranch, or a conservation tract.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Features
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,116 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached, Garage - Detached
    Features
    • Exterior features: Other, Metal
    Lot
    • Size: 1,366 Square Feet
    Details
    • Parcel number: 74682

    Community & HOA

    Location
    • Region: Canyon Lake

    Financial & listing details

    • Price per square foot: $8,554/sqft
    • Tax assessed value: $18,100,270
    • Annual tax amount: $19,163

    Price history

    DateEventPrice
    1/7/2015Listing removed$14,950,000$7,065/sqft
    Source: Larry Jacobs #289178596 Report a problem
    12/19/2014Listed for sale$14,950,000$7,065/sqft
    Source: Larry Jacobs #289178596 Report a problem
    9/24/2014Listing removed$14,950,000$7,065/sqft
    Source: Larry Jacobs #289178596 Report a problem
    4/27/2014Listed for sale$14,950,000$7,065/sqft
    Source: Larry Jacobs #289178596 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,163 -2.5%$18,100,270 -0.2%
    2024$19,649 +4.6%$18,138,100 +5%
    2023$18,793 -28.8%$17,267,950 +12.3%
    2022$26,407 +121.4%$15,379,940 +23.2%
    2021$11,926 +2.9%$12,484,000 +0.1%
    2020$11,586 -11.4%$12,476,060 +0.4%
    2019$13,079 +100.5%$12,430,710 +31.5%
    2018$6,524 $9,454,930 +0.4%
    2017-- $9,416,220 +3132%
    2016$5,457 +227.9%$291,340 +207.9%
    2015$1,664 $94,620 +6.5%
    2014$1,664 $88,850 +4.7%
    2013-- $84,840 +4.2%
    2012-- $81,400 -80.6%
    2011-- $419,010 -2%
    2010-- $427,510 +36.4%
    2009-- $313,440
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: 78133

    Nearby schools

    GreatSchools rating