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$393,000

NAL Estimated Property Value

19 Rock Cove, Canyon, TX, 79015

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.6 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator
FlooringConcrete

Exterior

Lot Size10,019 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-044-8000-1245
Lot Number32
SubdivisionMadison Park # 3
Land UseResidential
Legal DescriptionMADISON PARK # 3, LOT 032, BLK 0002, 0.2300 ACRES
Census Tract021707
Assessed Land Value$43,950
Assessed Improvement Value$333,169
Assessment Year2025

About this property

Stunning farmhouse in the coveted Madison Park neighborhood. This home offers 4 spacious bedrooms with large closets, isolated master bedroom, 2 full bathrooms with double sinks, and beautiful wood-like tile throughout the main living areas and bathrooms. The open floor plan offers great space for entertaining and you can unwind at the end of the day on your custom built screened-in back patio. The spacious kitchen has a large island, dining area, walk-in pantry, and beautiful leathered granite countertops. Spacious garage offers parking for 2 vehicles and is wired for 30A RV power. Tucked away at the end of a cul-de-sac and on one of the larger lots in the community. Don't miss your opportunity to own this amazing home, it won't last long!

Investor Tools

Property Icon
$393,000
Estimated Property Value
$334,670Estimated Mortgage Balance
$58,330Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,358 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,738
$377,119
2025
$43,950
$333,169
$377,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,738
$377,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$352,945
Yes
First
Jul 5, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,670
$58,330
14%
85%
$2,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$2,117/mo
$-575/mo
4.7%

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: Canyon

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