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Days49Days on Market
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$230,000

1704 7th Ave, Canyon, TX, 79015

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,468 Sq Ft
price_per_sqft$156.68 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesBrick
Lot Size10,454 sqft

Building Information

Year Built1928
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-005-7800-5640
SubdivisionOriginal Town Of Canyon
Land UseResidential
Legal DescriptionORIGINAL TOWN OF CANYON, BLK 0070, E/2 OF 5 & ALL OF 4
Census Tract021804
Assessed Land Value$12,000
Assessed Improvement Value$158,047
Assessment Year2025

About this property

Step into the timeless charm of this beautifully maintained 1928 home in Original Canyon! This inviting 3-bedroom, 2-bath residence blends classic character with thoughtful updates, featuring gorgeous original hardwood floors, new carpet, fresh interior paint, and stylish tile flooring. Filled with warmth and historic appeal, this home offers the perfect balance of vintage charm and modern comfort. Enjoy an unbeatable location just minutes from Canyon's historic downtown square, with its local shops and restaurants, and conveniently close to West Texas A&M University. Whether you're looking for a place to call home or an investment in one of Canyon's most desirable neighborhoods, this property is one you won't want to miss!

Investor Tools

$146,388Estimated Mortgage Balance
$91,079Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

Interested in this property?

Nikki Olson

ERA Courtyard Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,063
$170,047
2025
$12,000
$158,047
$170,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,063
$170,047

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Open End Mortgage / Open End With Future Advance Clause
$200,000
No
First
May 19, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,388
$90,612
38%
62%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$1,200/mo
+$122/mo
6.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1704 7th Ave | Property Details | No Agent List