Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$261,000

NAL Estimated Property Value

1401 3RD Avenue, Canyon, TX, 79015

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,505 Sq Ft
price_per_sqft$232.52 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Microwave

Exterior

Exterior FeaturesVinyl Siding
Lot Size12,632 sqft

Building Information

Year Built1930
Roof Type105
Garage Spaces1

Land Information

APNR-005-7800-1530
SubdivisionOriginal Town Of Canyon
Land UseResidential
Legal DescriptionORIGINAL TOWN OF CANYON, BLK 0024, 11 THRU 13
Census Tract021803
Assessed Land Value$14,400
Assessed Improvement Value$220,600
Assessment Year2025

About this property

Step into timeless charm with this 1930s ranch-style home, ideally situated on a corner lot just one block from the square. Inside, the primary suite offers a private en-suite bath, while two additional bedrooms share a full bath. Natural light fills the inviting dining room, creating the perfect setting for gatherings. The galley kitchen provides generous storage and functional workspace, while the sunroom offers a cozy retreat with access to a spacious basement for additional storage. Just off the sunroom, a converted garage serves as a versatile fourth bedroom, complete with a wall of storage--ideal for a playroom, craft space, or flex room. A nearby utility room includes washer/dryer hookups and an additional bathroom for added convenience. The property truly shines with with a separate one-bedroom guest house featuring its own kitchen and stackable washer/dryer--perfect for rental income, guests, or multi-generational living. And the icing on the cake: a 40x30 spray foam insulated shop with a 14' insulated door and alley access--ready for hobbies, business, or storage. This unique property blends character, flexibility, and income potential--schedule your private showing today!

Investor Tools

Property Icon
$261,000
Estimated Property Value
$132,536Estimated Mortgage Balance
$128,464Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,874
$235,000
2025
$14,400
$220,600
$235,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,874
$235,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$143,000
No
First
Jun 7, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,536
$128,464
49%
51%
$858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$858/mo
+$464/mo
6.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Canyon

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...