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$1,248,220

10623 Fm 1651, Canton, TX, 75103

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$501.52 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Indoor Grill, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size24.76 acres

Building Information

Year Built2023
Garage Spaces3

Land Information

APN016.0001.0516.0000.0000
Land UseResidential
Legal DescriptionACRES: 24.764 ABST: 1 SUR: J ALLISON
Census Tract951002
Assessed Land Value$52,400
Assessed Improvement Value$1,195,820
Assessment Year2025

About this property

Prime Location! Mabry Grove Ranch, 25 acres in Canton ISD. Close to I 20, this Van Zandt County home is within range of DFW and located half way between Canton and Mabank. Relax in the country in a 3 year old home with a spacious open floor plan. Home boasts 10' and 12' ceilings, large windows, 8' doors and porcelain ceramic floors throughout. Granite and Corian counters, huge center island, gourmet kitchen, solid wood trim and moldings, brick and stone walls and exposed beams throughout. Indoor outdoor living with grill, refrigerator and built in cabinetry. Oversized 2 car garage equipped with mudroom, dog wash station, workshop with electric. Wood horse fencing lines property. Ponds and 2 fenced pastures.

Investor Tools

Property Icon
$1,248,220
Estimated Property Value
$1,250,000Estimated Mortgage Balance
$89,694Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,922 /month
Positive
Cash Flow Estimate:
$2,974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,538
$1,248,220
2025
$52,400
$1,195,820
$1,248,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,538
$1,248,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$1,250,000
No
First
Jun 7, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,158,526
$89,694
7%
93%
$7,495/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Canton

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10623 Fm 1651 | Property Details | No Agent List