491 Gallagher Dr 3.09 Acres in Canyon Lake, Texas. This is an Opportunity to own 3.09 acres with no restrictions and no homeowners association. The property offers flexibility for a custom home or home-based business (buyer to verify county requirements). The current list price is below the most recent tax appraisal value and has been adjusted to reflect the existing PEC easement. The seller successfully worked with the appraisal district to reduce the taxable value, helping lower future carrying costs. Originally only four lots were created in the newly created subdivision. Refer to the subdivision plat for more details. Portions of the property remain wooded, allowing a buyer to maintain privacy or selectively clear as desired. A practical Hill Country homesite priced with transparency and long-term value in mind.