Canyon Lake, TX Homes for Sale under $500,000

• 

  

  

  /39

  $470,000

  • 3 Beds
  • 2 Baths
  • 1,755 Sq Ft

  632 Lasso Loop, Canyon Lake, TX 78133

  Experience stunning sunsets and breathtaking valley views from your own back deck in this beautiful one-story, fully furnished, 3-bedroom, 2-bath home located in the desirable Rocky Creek Ranch community. Just 5 miles from Canyon Lake Marina & Park on the north side of the lake, this home offers the perfect blend of comfort, convenience, and scenic beauty. Situated on a spacious half-acre lot,

  Kimberly Gray Keller Williams Heritage

  632 Lasso Loop, Canyon Lake, TX 78133
• 

  

  

  /42

  $389,000

  • 3 Beds
  • 2 Baths
  • 1,753 Sq Ft

  656 Fawn Dr, Spring Branch, TX 78070

  Welcome Home to the Hill Country! This Beautiful 1,753 sq ft home features 3 bedrooms and 2 bathrooms and is situated on over 1/3 of an acre, perfectly positioned along a scenic 18 hole golf course. The oversized back yard features many mature oak trees, and with 3 nearby parks, including one on Rebecca Creek and one on the Guadalupe River , makes it ideal for outdoor enthusiasts. With its

  Garrett Gale GG Gale Realty, LLC

  656 Fawn Dr, Spring Branch, TX 78070
• 

  

  

  /13

  $379,900

  $120K PRICE DROP

  • Land
  • 3.08 Acres
  • $123,344 per Acre

  520 Golden Eagle Loop, Canyon Lake, TX 78133

  Spectacular 3.08 acre elevated lake view tract! Year round view of full sunset, lake, hills & valley! Over 50 oaks, cleared level building sites on top, water meter installed, electric available!Room for home & guest house and all your toys! This is the highest point in the neighborhood! Reduced drastically! Come see the view in the evening! Privacy and nature lovers dream! Perfect spot for a

  Joe Iley Mission Real Estate Group

  520 Golden Eagle Loop, Canyon Lake, TX 78133
• 

  

  

  /28

  $399,990

  New Construction $44K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,063 Sq Ft

  1664 Seekat Dr, New Braunfels, TX 78132

  1664 Seekat Dr, New Braunfels, TX 78132: Smart design meets Hill Country living in The Cherry Blossom by David Weekley Homes in Meyer Ranch. This one story home is currently under construction and offers a thoughtful layout designed for comfort, style and everyday value. This home features three bedrooms, two full baths, a dedicated study and a covered back patio. The open kitchen, dining and

  David Weekley Homes Builder

  1664 Seekat Dr, New Braunfels, TX 78132
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  /39

  $369,900

  $60K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,612 Sq Ft

  911 Heritage Hill, Canyon Lake, TX 78133

  Welcome to 911 Heritage Hill, a thoughtfully designed home nestled in the heart of Canyon Lake. Surrounded by the natural beauty of the Texas Hill Country, this property offers the perfect blend of comfort, style, and convenience.Step inside to find an open floor plan filled with natural light, ideal for both everyday living and entertaining. The spacious kitchen boasts modern finishes, and

  Stephanie Jameson Jameson Real Estate

  911 Heritage Hill, Canyon Lake, TX 78133
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  /8

  $291,000

  $9K PRICE DROP

  • Land
  • 3.07 Acres
  • $94,788 per Acre

  3508 Comal Springs, Canyon Lake, TX 78133

  Escape to the heart of the Texas Hill Country with this exceptional 3.07-acre corner lot, offering sweeping bluff views and the freedom to design and build your custom home. Gently rolling terrain and mature trees create a scenic, private setting. Located in the sought-after Mountain Springs Ranch community, residents enjoy an active outdoor lifestyle with access to resort-style pool, park and

  Rene Sorola Keller Williams Realty Metropolitan

  3508 Comal Springs, Canyon Lake, TX 78133
• 

  

  /24

  $355,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,581 Sq Ft

  1885 Deer Run Pass, Canyon Lake, TX 78133

  Nestled on a sprawling, oversized corner lot in the heart of the Texas Hill Country, this 2022-built gem in Deer Meadows perfectly balances modern sophistication with relaxed lakeside living. The "Bandera 3" floor plan by CR Phoenix Enterprises greets you with an airy, open-concept layout defined by high-end finishes, including durable wood-look ceramic tile, soaring ceilings with lots of natural

  Shawn Cunningham Tallgrass Real Estate, LLC

  1885 Deer Run Pass, Canyon Lake, TX 78133
• 

  

  /30

  $289,000

  • 3 Beds
  • 2 Baths
  • 1,680 Sq Ft

  6485 Chimney Rock, Canyon Lake, TX 78133

  New Driveway with a million dollar view from this renovated, 3/2 home, on over an acre! Featuring a new roof, all new appliances, new lighting, freshly painted, open floor plan with plenty of natural lighting, gorgeous hill country views from every window of the house! Wrap around porch with huge covered deck, with a stunning Century Oak just across from the seasonal creek- perfect for

  Emily Arguello Tallgrass Real Estate, LLC

  6485 Chimney Rock, Canyon Lake, TX 78133
• 

  

  /18

  $384,900

  • 4 Beds
  • 3 Baths
  • 2,067 Sq Ft

  1281 Carl Glen, Canyon Lake, TX 78130

  Welcome to this thoughtfully designed single-story beauty in the sought-after Meyer's Landing community of New Braunfels. Built by Meritage Homes, this modern residence blends comfort, efficiency, and style, offering 2,067 square feet of open-concept living space ideal for today's lifestyle. Once you step inside, you'll feel the difference in the upgrades they have added to this home. The

  Armando De La Rosa LPT Realty, LLC

  1281 Carl Glen, Canyon Lake, TX 78130
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  /24

  $300,000

  $30K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,290 Sq Ft

  1369 Lakeview Dr, Canyon Lake, TX 78133

  Price ADJUSTMENT on this fabulous little home. Welcome home to this beautifully updated property on a spacious .36-acre lot with a 2-car attached garage. Enjoy added privacy with empty lots surrounding the home in a well-established neighborhood offering community amenities and lake access with a public boat ramp. Thoughtful updates have been made throughout, including the kitchen, both

  Missy Fredrickson Lake Homes Realty, LLC

  1369 Lakeview Dr, Canyon Lake, TX 78133
• 

  

  /24

  $325,000

  • 3 Beds
  • 2.5 Baths
  • 1,824 Sq Ft

  1381 Greenbriar Dr, Canyon Lake, TX 78133

  Beautifully maintained and truly unique home nestled in the heart of Canyon Lake! Warm, cabin-inspired design and Hill Country charm, this property offers a cozy retreat while still providing modern comfort. Open-concept layout filled with natural light and inviting living spaces that showcase the one-of-a-kind custom flooring and ceiling beams. The kitchen offers beautiful live edge shelving,

  Reneta Osobase Let's Move Austin LLC

  1381 Greenbriar Dr, Canyon Lake, TX 78133
• 

  

  /17

  $250,000

  • 960 Sq Ft

  710 Inglewood Dr, Canyon Lake, TX 78133

  Two fully leased single family dwellings(1/1 cinderblock and 3/2 double wide) on land with room to build out more SFD. Rent totals $1845 per month from both leases. Access to the boat ramp, lake and river is just nearby. Adjacent lots are also available for sale with commercial or residential use OCL.

  Jessica Neal D Lee Edwards Realty, Inc

  710 Inglewood Dr, Canyon Lake, TX 78133
• 

  

  /15

  $235,000

  • Land
  • 2.06 Acres
  • $114,078 per Acre

  523 Mystic Pkwy, Spring Branch, TX 78070

  Mystic Shores Community is the place to be! Build your dream home and enjoy the many amenities to include swimming pool, clubhouse, basketball court, tennis court playground but most importantly, access to Canyon Lake! Nice community to take long walk, cycle and run with friends!

  Esther Alaniz Herklotz Dillingham & Toone Real Estate

  523 Mystic Pkwy, Spring Branch, TX 78070
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  /10

  $469,810

  New Construction $24K PRICE INCREASE

  • 4 Beds
  • 3 Baths
  • 2,045 Sq Ft

  1937 Pining St, New Braunfels, TX 78132

  This beautiful single-story home offers the perfect combination of comfort and versatility, featuring 4 spacious bedrooms, 3 full bathrooms, and an optional game room to suit your lifestyle. The thoughtful floor plan includes a bright and open living area that seamlessly connects the kitchen, dining, and family spaces?ideal for entertaining and everyday living. The chef-inspired kitchen shines

  Chesmar Homes Builder

  1937 Pining St, New Braunfels, TX 78132
• 

  

  /18

  $201,000

  $56K PRICE DROP

  • Land
  • 2.58 Acres
  • $77,907 per Acre

  123 Sugar Springs, Canyon Lake, TX 78133

  Welcome to 123 Sugar Springs, located in the distinguished Mountain Springs Ranch community in Canyon Lake. This expansive 2.58-acre lot sits at the end of a quiet cul-de-sac, surrounded by mature oak trees and offering impressive views of the Texas Hill Country. The property offers convenient access to Canyon Lake, New Braunfels, San Antonio, and Austin. Essential utilities, including water,

  Phillip Moreno Real Broker, LLC

  123 Sugar Springs, Canyon Lake, TX 78133
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  /61

  $369,000

  • 5 Beds
  • 5 Baths
  • 2,552 Sq Ft

  306 Dietert Ln, Canyon Lake, TX 78133

  Full Duplex Opportunity - 5 Beds, 6 Baths, Each with 1-Car Garage. This duplex, built in 1984, offers a combined total of 5 bedrooms and 6 baths across two units. Each side includes a one-car garage and has been updated for comfort and convenience. The HOA provides access to a pool and sports court and covers lawn maintenance, water, trash, and all exterior upkeep, including the roof, which was

  Christopher Watters Watters International Realty

  306 Dietert Ln, Canyon Lake, TX 78133
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  /24

  $272,500

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,420 Sq Ft

  324 Weatherby Dr, Spring Branch, TX 78070

  Great Home in Comal Hills on a large 0.33-acre lot. Clean and ready to go! 3 Bedrooms, with large closets. 2 Bathrooms, and covered porches front and back. Seller says bring an offer! Vacant and ready to show! Fridge AND washer and dryer convey! Storage Building in backyard MAY convey.

  Michael Rushing Texas Hill Country Unlimited, LLC

  324 Weatherby Dr, Spring Branch, TX 78070
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  /12

  $238,500

  $21K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,320 Sq Ft

  103 W Outer Dr, Canyon Lake, TX 78133

  Completely updated and beautiful. New stainless appliances. New light fixtures. New door hardware. Inviting fireplace. New faux wood flooring in the living area, dining, and kitchen. New carpet in the bedrooms. Fresh paint inside and out. New 2 inch blinds and window treatments are included. New AC and heat system 2024. Mature trees. Neighborhood is gated and offers a community pool and clubhouse.

  Sharon Peters Sharon Peters, Broker

  103 W Outer Dr, Canyon Lake, TX 78133
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  /11

  $375,000

  • Land
  • 1.27 Acres
  • $295,043 per Acre

  14515 Randy Ln, Canyon Lake, TX 78132

  This exceptional homesite is one of the most coveted locations in the community of The Oxbow on the Gudalupe. Positioned within a cul-de-sac, this lot offers a rare combination of space, privacy, and long-term value within a gated setting. The property features the largest buildable area of any lot currently available, along with wider configuration for a well-proportioned custom residence and

  Melissa Santiago Keller Williams Realty Professionals

  14515 Randy Ln, Canyon Lake, TX 78132
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  /33

  $470,000

  • 2 Beds
  • 2 Baths
  • 1,135 Sq Ft

  540 River Run Unit 202, New Braunfels, TX 78132

  Wake up to breathtaking views of the Guadalupe River from this beautifully maintained 2-bedroom, 2-bath second-floor condo! In mint condition and move-in ready, this light-filled retreat offers the perfect blend of comfort and scenic tranquility. Enjoy your morning coffee or evening unwind while taking in the incredible river views right from your private space. Located in a gated community,

  Toni Schramme Classic Hill Country Realty

  540 River Run Unit 202, New Braunfels, TX 78132
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  /17

  $411,250

  $14K PRICE DROP

  • Land
  • 10.39 Acres
  • $39,581 per Acre

  0 Rebecca Creek Rd Unit 1939599, Spring Branch, TX 78070

  PLEASE REACH OUT FOR DIRECTIONS TO THE PROPERTY. Tucked away on 10.39 acres off Rebecca Creek, this property offers a true Hill Country feel with plenty of flat, usable land to build a home, workshop, barndominium, or more. The property sits within a small, gated community with private paved roads, no HOA, and very minimal restrictions-giving you the freedom to use the land how you want.

  Devin Resendez Keller Williams Legacy

  0 Rebecca Creek Rd Unit 1939599, Spring Branch, TX 78070
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  /32

  $398,000

  $27K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,672 Sq Ft

  1216 Canyon Lake Dr, Canyon Lake, TX 78133

  Over $100,000 below the 2025 Comal County appraised value. Rare Canyon Lake opportunity with protected views and backyard access toward the lake. This nearly new home backs to a stocked pond within a private park shared by only a few homes, with a trail leading toward Canyon Lake and no future homes behind you. Features include 3 bedrooms, 2.5 baths, open kitchen and living area, flex/office

  Jeffrey Garza Redbird Realty LLC

  1216 Canyon Lake Dr, Canyon Lake, TX 78133
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  /21

  $280,000

  • Land
  • 1.45 Acres
  • $193,103 per Acre

  1922 Paradise Pkwy, Canyon Lake, TX 78133

  Discover the unique charm of this 1.46-acre lot in the heart of the Texas Hill Country, now cleared and ready for your custom builder. Situated in one of the newest riverfront communities in Canyon Lake, this property offers picturesque scenic views and luxury living within a private gated community that includes an observation tower. Highlights include underground utilities, fiber optics, mature

  Alexis Weigand Real Broker, LLC

  1922 Paradise Pkwy, Canyon Lake, TX 78133
• 

  

  /29

  $404,990

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,069 Sq Ft

  3016 Nash Dr, Canyon Lake, TX 78132

  Convert the guest room of the Hughes to a relaxation oasis or a study. From the centrally located laundry room to the gorgeous open kitchen, well thought out design features are found throughout this floorplan.

  Meritage Homes Builder

  3016 Nash Dr, Canyon Lake, TX 78132
• 

  

  /10

  $205,000

  $45K PRICE DROP

  • Land
  • 1.19 Acres
  • $172,269 per Acre

  972 Serene Park Dr, Canyon Lake, TX 78070

  Welcome to your future homesite nestled in the heart of the Texas Hill Country! This exceptional vacant lot is located in the prestigious gated community of Serenity Oaks, offering peace, privacy, and stunning natural beauty. Situated on a quiet cul-de-sac, the property backs directly to a 7-acre private river park on the Guadalupe River - a rare and coveted feature for nature lovers and outdoor

  Kevin Berga GG Gale Realty, LLC

  972 Serene Park Dr, Canyon Lake, TX 78070
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  /35

  $200,000

  $29K PRICE DROP

  • 3 Beds
  • 3.5 Baths
  • 1,384 Sq Ft

  306 Dietert Ln Unit 103, Canyon Lake, TX 78133

  This fully renovated 2-bedroom, 2.5-bath home offers 1,168 sq. ft. of living space across two stories, providing comfort and convenience in a condo-style setting. As one side of a duplex, it can be sold separately, making it a flexible opportunity for homeowners or investors. The layout features two bedrooms, each with its own private bath, along with a half bath on the main level for guests. A

  Christopher Watters Watters International Realty

  306 Dietert Ln Unit 103, Canyon Lake, TX 78133
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  /44

  $268,000

  • 3 Beds
  • 2 Baths
  • 1,624 Sq Ft

  136 Jeanette Cir, Canyon Lake, TX 78133

  OPEN HOUSE SUNDAY MAY 17 1-4 PM. Escape to your own private slice of the Texas Hill Country in Canyon Lake! Nestled on a flat, scenic 1 Acre Lot, this 3 bedroom, 2 bath home offers 1,624 sq. ft of comfortable living space that offers amazing natural light and is surrounded by mature trees, peaceful wooded areas, and amazing views of the rolling country hillside. The Spacious open floorplan is

  Stephen Baldwin BHHS Don Johnson Realtors - CL

  136 Jeanette Cir, Canyon Lake, TX 78133
• 

  

  /23

  $389,000

  $8K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,302 Sq Ft

  726 Barbara Dr, Canyon Lake, TX 78133

  Perched high above Canyon Lake, this Hill Country retreat captures sweeping lake views, offering the best of both worlds: breathtaking scenery and peaceful privacy. From the moment you step into the living room, the view takes center stage. Expansive windows frame the sparkling waters in the distance, while natural light fills the space and draws you toward the oversized deck. This is where

  Jessica Hernandez San Antonio Portfolio KW RE

  726 Barbara Dr, Canyon Lake, TX 78133
• 

  

  /18

  $354,000

  • 3 Beds
  • 2 Baths
  • 1,593 Sq Ft

  1382 Green Meadow Ln, Canyon Lake, TX 78070

  Welcome home! Modern 1-story 3 bed, 2 bath, home complete with metal roof, vertical siding with stone accents. Open floor plan with high ceilings, ceramic tile throughout, stainless steel appliances, and quartz counters. Primary bedroom suite features vaulted ceiling plus wood beam accent, double vanity, and finished out walk-in closet. Level lot with beautiful oak trees and fully fenced

  Grant Gold All Streets Realty, LLC

  1382 Green Meadow Ln, Canyon Lake, TX 78070
• 

  

  /5

  $404,990

  New Construction $20K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,106 Sq Ft

  3007 Nash Dr, Canyon Lake, TX 78132

  Brand new, energy-efficient home available by Jan 2026! Convert the guest room of the Hughes to a relaxation oasis or a study. From the centrally located laundry room to the gorgeous open kitchen, well thought out design features are found throughout this floorplan. Starting in the $300s, Lark Canyon is nestled in the scenic Texas Hill Country, just minutes from Schlitterbahn Waterpark.

  Patrick Mcgrath Meritage Homes Realty

  3007 Nash Dr, Canyon Lake, TX 78132
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  /32

  $349,000

  $50K PRICE DROP

  • Land
  • 6.56 Acres
  • $53,201 per Acre

  539 Clay Ridge, Canyon Lake, TX 78133

  One of a kind acreage on Canyon Lake! Don't miss this opportunity to own 6.5 acres of lakefront property with plenty of room to spread out, and enjoy your own slice of the Hill Country. With lake views and a wet weather creek, the opportunities for relaxation and recreation are plentiful. Light Restrictions allow flexible use of the property including short term rentals, flexible building

  Brittany Bailey Sky Realty

  539 Clay Ridge, Canyon Lake, TX 78133
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  /41

  $270,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,920 Sq Ft

  1327 Springwater, Canyon Lake, TX 78133

  This unique 1966-built home, constructed the same year as the completion of Canyon Lake Dam, has served as a beloved vacation retreat for four generations. Nestled across three lots totaling a bit over half an acre, the home sits on a gentle slope surrounded by mature live oaks and cedar trees. The first floor featuring concrete block walls and native limestone, while the upper level is clad in

  Diana Doran JB Goodwin, REALTORS

  1327 Springwater, Canyon Lake, TX 78133
• 

  

  /22

  $400,000

  • Land
  • 1.32 Acres
  • $303,030 per Acre

  1015 Pristine Trail, Canyon Lake, TX 78133

  Unique Lot on the Texas Hill Country...... The lifestyle you deserve. This is undoubtedly, one of the greatest luxurious 1.32 acres in the Texas hill country clients don't want to miss out on! Breathtaking views, impressive scenery, and magnificent night skies. Take advantage of Paradise on the Guadalupe's well-maintained amenities which includes 90 acres of biking/walking trails, exclusive river

  Alma Garcia RE/MAX Alamo Realty

  1015 Pristine Trail, Canyon Lake, TX 78133
• 

  

  /24

  $229,000

  New Construction $16K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,667 Sq Ft

  1838 Stonechat, Canyon Lake, TX 78130

  *5% lender incentive offered with the use of the seller's in-house lender, Incentive may be used towards buyer closing costs and/or rate buy-down, subject to lender approval and buyer qualification. The Ramsey- This new single-story design makes smart use of the space available. At the front are all three secondary bedrooms arranged near a convenient full-sized bathroom. Down the foyer is a

  Christopher Marti Marti Realty Group

  1838 Stonechat, Canyon Lake, TX 78130
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  /24

  $259,900

  • 3 Beds
  • 2 Baths
  • 1,312 Sq Ft

  134 Alpine Ct, Spring Branch, TX 78070

  Welcome to 134 Alpine Ct in the heart of Spring Branch, Texas-where comfort, functionality, and peaceful Hill Country living come together. This well-maintained 3-bedroom, 2-bath home offers approximately 1,288 square feet of thoughtfully designed living space, perfectly situated at the end of a quiet cul-de-sac on an oversized ~0.25-acre lot. Built with an open-concept layout, the home provides

  Gary Rutten Gary Rutten, Broker

  134 Alpine Ct, Spring Branch, TX 78070
• 

  

  /50

  $429,000

  $20K PRICE DROP

  • 6 Beds
  • 4 Baths
  • 2,885 Sq Ft

  2792 Woodcrest Dr, Canyon Lake, TX 78133

  Beautifully updated split-level lakefront home offering exceptional versatility and strong STR/Airbnb potential. Located in a semi-private cove with private lake access and stunning water views throughout. This spacious 6-bedroom, 4-bath property features two living areas and a functional layout with 3 bedrooms and 2 baths on each level-perfect for multi-generational living. Recent improvements

  Cynthia Bull Real Broker, LLC

  2792 Woodcrest Dr, Canyon Lake, TX 78133
• 

  

  /5

  $229,900

  • Land
  • 1.01 Acres
  • $227,624 per Acre

  1278 Trailhead, New Braunfels, TX 78132

  Remarkable 1 acre cleared and ready to build property located in Vintage Oaks in New Braunfels. Enjoy the serenity of the hill country with its views. The property sits in the Natural Gas area of Vintage Oaks. Due to the land's elevation and topography, a multiple level custom home could be built. Enjoy a resort-style amenity package that includes 4 pools, a lazy river, ballfields, tennis courts,

  Arlene Patel Gerban Patel Realty, LLC

  1278 Trailhead, New Braunfels, TX 78132
• 

  

  /22

  $362,990

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,567 Sq Ft

  Kendal Plan at Mayfair - The Arbor Collection, Canyon Lake, TX 78130

  Scott Felder Homes Builder

  149 Radnor Rd Canyon Lake Unit 36459692, Canyon Lake, TX 78130
• 

  

  /40

  $445,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,861 Sq Ft

  1802 Cattail, Canyon Lake, TX 78133

  Custom Hill Country home located on the North side of Canyon Lake. This home sits on over 1/2 acre with scenic hill country and Canyon Lake views from the large back deck. The 3 bedroom, 2 bath is open and spacious; the wall of windows in the main living area compliment beautiful outside views. This custom build has a large kitchen with center island, granite counters, gas cooktop, stainless

  Rocky Collette C4 Real Estate of Texas

  1802 Cattail, Canyon Lake, TX 78133
• 

  

  /14

  $299,000

  $26K PRICE DROP

  • 3,208 Sq Ft

  1235 Skylark Dr, Canyon Lake, TX 78133

  Seller will consider offering a seller second lien up to $90,000 with acceptable terms. 3 Rental Income Producing Units! This income-producing property features 3 residences on one lot—2 mobile homes and 1 modular home—offering multiple revenue streams in a high-demand Hill Country rental market. Two of the homes are currently leased long-term for a combined $2,475/month, while the third operates

  Sarah Mcdaniel Greenbelt Realty

  1235 Skylark Dr, Canyon Lake, TX 78133

Showing Results 281 - 320, Page 8 of 18