This home's estimate is 58.4% lower than the average sale price ($1.04M) of 6 comparable homes.
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1028 Fabled Way, Spring Branch, TX 78070
About this home
Imagine owning a slice of tranquility in Peninsula at Mystic Shores- 1028 Fabled Way, a prestigious lot situated in a gated community that offers an unmatched combination of luxury and nature. This sprawling 1.43-acre waterfront lot is a blank canvas for your dream home, promising privacy, serenity, and the beauty of Canyon Lake right at your doorstep. The property boasts 151 feet of frontage and stretches back 416 feet, providing ample space for a custom-built residence that embraces the lush surroundings. The gentle terrain, dotted with mature trees, creates a sense of seclusion while offering panoramic views of the lake and the rolling Texas Hill Country. Start your mornings with breathtaking sunrises over the lake, take leisurely strolls through the neighborhood's serene pathways, and enjoy evenings where the stars seem just a little closer. With easy lake access, this lot is ideal for those who seek both relaxation and adventure-whether it's fishing, kayaking, or simply savoring the peace and quiet by the water's edge. The surrounding community in *Peninsula at Mystic Shores* features beautifully maintained homes and upscale amenities, creating an inviting atmosphere for those who value a harmonious balance between nature and refined living. This lot is more than a piece of land; it's an opportunity to build a lifestyle where each day feels like a retreat. Take this chance to make Peninsula at Mystic Shores your sanctuary, where you can create unforgettable memories surrounded by the timeless beauty of Canyon Lake.
Redfin Estimate
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Market trends in 78070, TX
Last updated August 2026
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Sale history for 1028 Fabled Way
$8/sq ft
$9/sq ft
Tax history for 1028 Fabled Way
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Exterior
- Exterior Features
- Many Trees, Mature Tree(s)
- Property Information
- Depth (Ft.): 416
- Sq. Ft. Source: Appraisal District
- Property Restrictions: No Mobile Homes Allowed, No Horses Allowed, No Farm Animals Allowed, Cannot be Subdivided, No Manufactured Homes Allowed
- Paved Roads, Fire Hydrant w/in 500
- Subdivision: MYSTIC SHORES
- Land Information
- Wooded, Partially Cleared
- Gentle Slope Terrain
- Lot Information
- Lot Size: 1.43
- Frontage (Ft.): 151
- Private Street Frontage
- Zoning: RESIDENTIAL
Financial
- Tax Information
- Total Tax Amount: $7,778.33
- City Tax Amount: $0
- County Tax Amount: $1,150.04
- Other Tax Amount: $739
- School Tax Amount: 5,889.29
- Financial Information
- Down Payment Resource YN: N
Utilities
- Utility Information
- Water System, Electric, Telephone, Cable TV
- On-Site Utilities: Water, Electric
- Septic System Allowed
Location
- Multi-Unit Information
- Fishing, Clubhouse, Tennis Courts, Playground/Park, Neighborhood Pool, Controlled Access, Stream/River, Lake, Jogging Trails, Basketball Court, Lake/River Park
- Community Information
- Subdivision Legal Name: MYSTIC SHORES
- HOA Information
- Mandatory HOA
- HOA Fee Information
- HOA Fee: $750
- Payment Frequency: Annually
- Association Transfer Fee: $350
- School Information
- Elementary School: Rebecca Creek
- Middle School: Mountain Valley
- High School: Canyon Lake
- School District: Comal
- School Tax Amount: $5,889.29
- Location Information
- In Subdivision, Water View, Gently Rolling
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 1.43 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Comal County
- APN: 000000138608
Other
- Listing Information
- Listing Office Attribution Contact Email: teambrowning@phyllisbrowning.com
- Listing Office Attribution Contact Phone: (210) 316-7842
- Sale/Rent: For Sale
- Potential Short Sale: No
Around this home
Schools
Public PreK-5 • Assigned • 2.7mi
Public 6-8 • Assigned • 9.2mi
Public 9-12 • Assigned • 6.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.77% chance of being in a wildfire in next 30 years
7 days above 106° expected this year, 22 days in 30 years
78% chance of strong winds in next 30 years
0 unhealthy days expected this year, 1 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
New listings for sale in 78070
Home values near 1028 Fabled Way
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 3810 Sq. Ft. | $1,089,413 |
4 Beds | 3.5 Baths | 3450 Sq. Ft. | $1,181,136 |
| Address | Redfin Estimate |
|---|---|
- Beds | 5 Baths | 3798 Sq. Ft. | $1,223,133 |
4 Beds | 5 Baths | 4625 Sq. Ft. | $1,282,808 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 3230 Sq. Ft. | $1,171,146 |
4 Beds | 3.5 Baths | 3152 Sq. Ft. | $1,033,797 |
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