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$214,302

NAL Estimated Property Value

1602 Banker Rd, Canutillo, TX, 79835

$239,902 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,645 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesGas Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6,600 sqft

Building Information

Year Built1998
Roof Type105

Land Information

APNW180-003-0031-0005
Lot Number5
SubdivisionWestway #3
Land UseResidential
Legal Description31 WESTWAY #3 LOT 5
Census Tract010220
Assessed Land Value$30,202
Assessed Improvement Value$184,100
Assessment Year2025

About this property

Welcome to 1602 Banker Rd, a charming well maintained 3-bedroom, 2-bath home offering 1,645 sq ft of comfortable living space plus a detached bonus room perfect for a home office, studio, or guest retreat. Step inside to an inviting floor plan with spacious living and dining areas, abundant natural light, and a well-designed kitchen ideal for everyday living and entertaining. The primary suite features its own private bath, while two additional bedrooms provide flexibility for family, guests, or workspace needs. Outside, enjoy a private backyard with room to relax, garden, or gather. The detached bonus room adds incredible versatility—use it as a gym, creative space, or extra storage. Conveniently located near local amenities, schools, and commuter routes, this home combines charm, functionality, and flexibility in one desirable package. Call now and schedule your appointment. Don't miss the opportunity to make 1602 Banker Rd your next home!

Investor Tools

Property Icon
$214,302
Estimated Property Value
$192,329Estimated Mortgage Balance
$21,973Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$239,902
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,286 /month
Positive
Cash Flow Estimate:
$429 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,718
$214,302
2025
$30,202
$184,100
$214,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,718
$214,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Fha
$186,558
Yes
First
Nov 17, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,329
$21,973
10%
90%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,164/mo
+$197/mo
7.6%

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.

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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: Canutillo

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