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$515,000

17151 Spring Lake Dr, Canyon, TX, 79015

$652,538 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,774 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.65 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size1.33 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-073-1966-1400
Lot Number27
SubdivisionSpring Lake # 1 Amd
Land UseResidential
Legal DescriptionSPRING LAKE # 1 AMD, LOT 027, BLK 0001, 1.3300 ACRES
Census Tract021707
Assessed Land Value$55,000
Assessed Improvement Value$425,832
Assessment Year2025

About this property

Enjoy peaceful living with stunning views in this updated 4 bedroom (or 3 plus office), 3 bathroom home overlooking Spring Lake in Canyon, TX. Sitting on 1.35 acres, this property combines charm, comfort, and functionality. Step inside to a bright and inviting layout, featuring a gorgeous sunroom with floor-to-ceiling natural light—perfect for morning coffee or relaxing evenings. The flexible floor plan offers space for a home office or extra bedroom to suit your needs. The home has amazing curb appeal, including a side entry into the kitchen for convenience and a charming gazebo area ideal for gatherings or quiet afternoons outdoors. With plenty of open land, there's room to add a detached garage or workshop. Two fenced in yards! Schedule your showing today!

Investor Tools

Property Icon
$492,000
Estimated Property Value
$496,000Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$652,538
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

Jordan Gilley

Moreland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
$999/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,926
$480,832
2025
$55,000
$425,832
$480,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,926
$480,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Santa Fe Fcu
Credit Line (Revolving) / Heloc
$24,000
No
First
Jun 28, 2024
Jun 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,303
N/A
0%
105%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$4,117/mo
$-2,795/mo
3.2%

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.

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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17151 Spring Lake Dr | Property Details | No Agent List