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$215,000

NAL Estimated Property Value

16601 OLD RANCH Road, Canyon, TX, 79015

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths744 Sq Ft
price_per_sqft$401.88 / sqft

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit

Exterior

Lot Size5 acres

Building Information

Year Built2005
Stories1
Roof Type105

Land Information

APNR-758-0280-6550
SubdivisionSect 28 Tyler Tap
Land UseResidential
Legal DescriptionSECT 28 TYLER TAP BLK 0001, 252.11FT N X 865.52FT E BEG 1782.79FT E & 3536.76 N OF SW COR OF SECT, 5.0000 ACRES
Census Tract021708
Assessed Land Value$33,500
Assessed Improvement Value$49,931
Assessment Year2025

About this property

Great opportunity to own 10 acres of unrestricted land in a desirable area Eagle Point. The property includes a small 2-bedroom house that is in need of significant repairs and is being sold as a complete fixer-upper. The land is equipped with a well and septic system. With no restrictions, this property offers endless possibilities--whether you're looking to build, invest, or bring in a new home. Plenty of space for animals, additional structures, or future development.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$2,496Estimated Mortgage Balance
$212,504Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,063
$83,431
2025
$33,500
$49,931
$83,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,063
$83,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Unknown
$5,600
No
First
Sep 29, 2005
Oct 2010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,496
$212,504
98%
1%
$34/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$34/mo
+$938/mo
5.4%

City: Canyon

16601 OLD RANCH Road | Property Details | No Agent List