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$90,000

1580 Vz County Road 2118, Canton, TX, 75103

Under ContractInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.20 acres

Land Information

APN016.2202.0000.0006.0000
Lot Number6
Land UseResidential
Legal DescriptionACRES: 1.200 BLK: LOT: 6 ADDN: MALLARD ESTATES
Census Tract950602
Assessed Land Value$58,800
Assessment Year2025

About this property

Build your dream home on this beautiful 1.20-acre homesite in the desirable Mallard Estates subdivision in Canton, Texas. One of the last remaining lots available, this property offers the perfect opportunity to create your custom home in a peaceful country setting while still being just minutes from downtown Canton, shopping, dining, schools, and the world famous First Monday Trade Days. Enjoy the space and privacy of acreage living with the convenience of nearby amenities. Don't miss your chance to own one of the final available lots in this sought after community bring your builder and make your vision a reality! Buyer to verify availability of utilities, deed restrictions, and building requirements.

Investor Tools

$70,819Estimated Mortgage Balance
$68,181Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,137
$58,800
2025
$58,800
N/A
$58,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,137
$58,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Arm (Adjustable Rate Mortgage)
$73,525
No
First
Apr 21, 2023
May 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,819
$68,181
49%
51%
$490/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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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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1580 Vz County Road 2118 | Property Details | No Agent List