




$685,000
16551 Spring Lake Dr, Canyon, TX, 79015
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About this property
Welcome to this exceptional new-construction home tucked inside one of the area's most sought-after private neighborhoods. Located just outside Canyon city limits, in Spring Lake, this property offers the perfect blend of peaceful living and modern convenience. Enjoy exclusive access to the neighborhood's private lake, providing a serene backdrop and true retreat right at home. This beautifully designed residence features 4 spacious bedrooms, 3 full bathrooms, a designated office space and a 3-car garage delivering comfort, functionality and style throughout. The one acre property also includes a Quonset barn- fully spray foamed and equipped with electricity- ideal for immediate use as a shop/storage or future expansion.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Canyon
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