Lake Ridge/Spring Lake Real Estate Market Report | Canyon, TX

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What's Happening in Spring Lake

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.

Homes are typically 3 or 4 bedrooms and around 2,250 to 2,600 square feet, many with a private well and septic system, and most list from the high $400s to the high $600s.

What Did Homes in Spring Lake Actually Sell For?

Texas is a non-disclosure state, so sold prices aren't published online. Request a free sold homes report for Spring Lake, or find out what your home is worth.

Request a Sold Homes Report See What My Home Is Worth

Schools Serving Spring Lake

Spring Lake is part of Canyon ISD. Schools serving the neighborhood include:

  • Elementary: Spring Canyon Elementary
  • Intermediate / Junior High: Canyon Intermediate / Canyon Junior High
  • High School: Canyon High School

Verify school attendance zones with Canyon ISD for the specific property address.

Property Taxes in Spring Lake

The 2026 combined property tax rate in Spring Lake is approximately 1.35%. 2026 adopted rates per $100 of value:

  • Canyon ISD: 0.915400
  • Randall County: 0.400930
  • South Randall County Hospital District (proposed rate): 0.032740
  • High Plains Underground Water District: 0.002976
  • Total: 1.352046 per $100 of value (approximately 1.35%)

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

Tax rates and assessments are set each year by each taxing unit and can change. Figures 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, exemptions and location, and the taxing units can vary by parcel. Verify exact amounts with the Potter-Randall Appraisal District before buying.

For more about living in Spring Lake, see the Spring Lake neighborhood guide.

Active Properties and Properties Under Contract below update every day. Tap any address for photos and details.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
8401 Shady Lake Drive 4 3 2,504 $480,000 $191 Unknown
17250 Valley Lake Drive 3 2 2,258 $474,900 $210 Unknown
Average: 3.5 2.5 2,381 $477,450 $201 N/A day
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Viewing 1 - 2 of 2
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
16551 Spring Lake Drive 4 3 2,609 $669,900 $256 Unknown
Average: 4.0 3.0 2,609 $669,900 $256 N/A day
Viewing 1 - 1 of 1
Viewing 1 - 1 of 1

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