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Days165Days on Market
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$1,700

21 Cherrywood Sq, Canyon, TX, 79015

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,564 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Microwave, Refrigerator, Oven, Washer, Dryer

Exterior

Lot Size4,356 sqft

Building Information

Year Built1978
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR-039-9250-2080
Lot Number5
SubdivisionHunsley Hills # 5
Land UseResidential
Legal DescriptionHUNSLEY HILLS # 5, LOT 005, BLK 0003
Census Tract021803
Assessed Land Value$7,500
Assessed Improvement Value$167,407
Assessment Year2025

About this property

Super cute and charming townhome for lease only in the desirable Hunsley Hills area of Canyon, Texas. This updated 3-bedroom, 2-bath home features an attached one-car garage located at the rear, a welcoming front patio, and a small private backyard. Enjoy plenty of additional parking, including extra spaces in front. Conveniently located within walking distance to Hunsley Park and just minutes from West Texas A&M University, making it ideal for students or professionals. All appliances convey. Easy access to shopping, dining, and major routes. Rental only — not for sale. Call today to schedule your private tour!

Investor Tools

Property Icon
$175,000
Estimated Property Value
$140,000Estimated Mortgage Balance
$39,380Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

Interested in this property?

Julie Sauls

Landmark Realty Amarillo

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,655
$174,907
2025
$7,500
$167,407
$174,907
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,655
$174,907

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Conventional
$140,000
No
First
Aug 26, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,620
$39,380
22%
77%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$840/mo
+$482/mo
9.1%

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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