362Days on Market

2view

$640,000

1000 Canyon Pkwy, TX, 79015

$742,590 ARV

On Market

5 Beds

5 Bath

3,308 Sq Ft

$193.47 / sqft

Built in 2019

Property Lead Type:

BankruptcyMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating

Cooling

AppliancesDisposal, Microwave, Double Oven, Dishwasher, Cooktop

Exterior

Private Pool

Exterior FeaturesBrick, Balcony

Lot Size3.10 acres

Building Information

Year Built2018

Stories1

Roof Type105

Garage Spaces4

Land Information

APNR-005-7920-3050

Lot Number8

SubdivisionThe Canyons # 1

Land UseResidential

Legal DescriptionTHE CANYONS # 1, LOT 008, BLK 0017, 3.1000 ACRES

Census Tract021900

Assessed Land Value$45,000

Assessed Improvement Value$632,586

Assessment Year2025

About this property

New Price..motivated seller! Outstanding home on 3 acres in The Canyons. Custom, one owner 2 story classic with lots of extras. MOTHER IN LAW QUARTERS w/ full bath, kitchenette w/private entrance from garage. Relax in the backyard oasis under the stars in a HEATED IN GROUND POOL. Granite and stainless appliances adorn the kitchen. 2 living areas one down & one upstairs. Ground floor owners suite offers spacious area with walk in shower separate soaking tub and a spacious walk in closet, adjacent laundry room with sink. 3 roomy bedrooms and 2 bathrooms upstairs. Oversize 3 car garage. Backyard patio/recreation space enhance the pool area for grilling and chilling in style. Gated community peace of mind with easy access to Canyon & Amarillo. * Per seller new class 4 shingles completed Oct 2025. River Falls Refuge access available. The Canyons Website for all the information pertaining to our development & HOA https://thecanyonshomeowners.com/

Investor Tools

$516,081Estimated Mortgage Balance

$161,505Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$742,590

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,066 /month

Positive

Cash Flow Estimate:

$1,355 /month

Interested in this property?

Mendy Hopkins

ERA Courtyard Real Estate

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$339/month

$150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$679

$677,586

2025

$45,000

$632,586

$677,586

Tax History

Year

Tax Paid

Assessed Value

2018

$679

$677,586

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Education Cu

Credit Line (Revolving) / Heloc

$533,600

First

Jul 12, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$516,081

$161,505

23%

76%

$3,200/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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