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A+
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Days256Days on Market
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$249,900

1409 Hillcrest Dr, Canyon, TX, 79015

$306,238 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,659 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.98 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Cooktop, Dishwasher, Gas Water Heater, Electric Water Heater

Exterior

Lot Size10,890 sqft

Building Information

Year Built1964
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR-035-7000-0430
SubdivisionHidden Valley # 3
Land UseResidential
Legal DescriptionHIDDEN VALLEY # 3, BLK 0003, E 52FT OF 3 BLK 2 UNIT #1 PLUS W 40FT OF 21, 0.2500 ACRES
Census Tract021804
Assessed Land Value$18,400
Assessed Improvement Value$347,382
Assessment Year2025

About this property

Investment opportunity in an amazing location in Canyon! This 4-bedroom, 3 bath home has a great entry, large formal dining, breakfast area, living area with fireplace, and versatile 2nd living area with tons of natural light! Isolated primary suite, nice sized bedrooms, and a guest room with private bath. This property has tons of potential! Schedule your showing today and make this one your own! Motivated seller will consider all reasonable offers! Roof replaced with a class 4 shingle and foundation repairs completed in September 2025. Property to be sold As-Is.

Investor Tools

Property Icon
$365,782
Estimated Property Value
$108,000Estimated Mortgage Balance
$268,862Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$306,237
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,195 /month
Positive
Cash Flow Estimate:
$732 /month

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Melissa Atchley

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,804
$365,782
2025
$18,400
$347,382
$365,782
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,804
$365,782

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gloria Sue Gray
Seller Carryback / Seller Financing / Seller Take-Back
$108,000
No
First
Jan 27, 2021
Jan 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,920
$268,862
73%
26%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$648/mo
+$894/mo
5.1%

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: Canyon

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1409 Hillcrest Dr | Property Details | No Agent List