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$745,000

2015 W COUNTY ROAD 388, Canyon, TX, 79015

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$371.02 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size8.59 acres

Building Information

Year Built1987
Roof Type105
Garage Spaces4

Land Information

APNR-240-0550-8510
SubdivisionSect 55 A B & M
Land UseResidential
Legal DescriptionSECT 55 A B & M BLK M8, IRREG 8.59 AC HOMESITE BEG 1989.54FT E OF NW COR OF SECT, 8.5900 ACRES
Census Tract021900
Assessed Land Value$30,020
Assessed Improvement Value$315,090
Assessment Year2025

About this property

Turnkey Canyon horse property on 21 acres built for FUNCTION and ready to go! Fully remodeled home with open concept, tall ceilings, natural light, granite throughout, custom cabinetry, large pantry, office, mudroom, and basement flex space. Updated systems including roof, HVAC, water heater, electrical, and windows. No HOA, no flood issues, well, septic, and propane. This is a TRUE working horse setup featuring a 5-stall barn with runs to a 60-ft round pen, automatic waterers, 2 large Quonset barns with concrete floors, additional pens, shop, trailer hookups, and fully fenced acreage. Designed for training, boarding, or income-producing use. Additional acreage available!

Investor Tools

Property Icon
$385,000
Estimated Property Value
$0Estimated Mortgage Balance
$385,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,470 /month
Positive
Cash Flow Estimate:
$1,490 /month

Interested in this property?

Tia Van Ryn

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,056
$345,110
2025
$30,020
$315,090
$345,110
No

Tax History

Year
Tax Paid
Assessed Value
2018
$3,056
$345,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$385,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
4.1%

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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2015 W COUNTY ROAD 388 | Property Details | No Agent List