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Spring Lake Homes for Sale near Canyon

Spring Lake (Lake Ridge/Spring Lake in the MLS) is a neighborhood outside city limits near Canyon, on lake-named streets like Spring Lake Drive, Shady Lake Drive and Valley Lake Drive. Many homes here were built in the mid-2000s, with some new construction.

Spring Lake at a Glance

Typical list price
$475K to $670K
Average about $542,000 (Oct 2026)
Location
Near Canyon
Randall County, outside city limits
Homes
Built 2005 to 2026
2,250 to 2,600 sq ft, 3 to 4 bedrooms
Utilities
Well and septic
Outside city limits
HOA
Yes
Ask for dues and covenants
Property tax rate
Approximately 1.35% per year
County, Canyon ISD, hospital and water districts (2026)

Schools Serving Spring Lake

ElementarySpring Canyon Elementary
Intermediate (grades 5-6)Canyon Intermediate
Junior HighCanyon Junior High
High SchoolCanyon High School

Spring Lake is part of Canyon ISD. Verify school attendance zones with Canyon ISD for the specific property address.

What Buyers Ask About Spring Lake

Does Spring Lake have an HOA?

Yes. Spring Lake homes are part of an HOA. Ask for the HOA dues, covenants and any architectural guidelines for the specific property before you buy.

Do homes in Spring Lake have city water and sewer?

Generally not. Spring Lake is outside city limits, so homes typically use a private water well and a septic system. Before you buy, have the well water tested and the septic system inspected. The area is in the High Plains Underground Water District.

Is there new construction in Spring Lake?

A little. Spring Lake is mostly homes from the mid-2000s, but new homes are built here from time to time.

Why are there so few Spring Lake homes for sale?

Spring Lake is a small area, so homes here don't come up for sale often. Setting up a new-listing alert is the easiest way to hear about the next one as soon as it hits the market.

What are property taxes in Spring Lake?

Spring Lake is outside city limits in Randall County, so there is no city tax. 2026 tax rates per $100 of value (adopted unless noted):

  • Canyon ISD: 0.915400
  • Randall County: 0.400930
  • South Randall County Hospital District (proposed): 0.032740
  • High Plains Underground Water District: 0.002976
  • Total: 1.352046 (approximately 1.35%)

Canyon ISD tax applies to value after the $140,000 school homestead exemption; non-homestead properties pay it on full value. HOA dues are separate and are not on the tax bill.

Tax rates are set each year by the taxing units and can change. Figures shown are for the 2026 tax year, are provided for general information only, and are not guaranteed. Actual taxes depend on each property's appraised value and exemptions. Verify exact amounts with the Potter-Randall Appraisal District or the Randall County Tax Office before buying.

Questions about Spring Lake?
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Nearby Neighborhoods

Other neighborhoods in the Canyon High School area:

View the Lake Ridge/Spring Lake market report

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