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$372,910

NAL Estimated Property Value

261 Vz County Road 1203, Canton, TX, 75103

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$302.95 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesNone

Exterior

Lot Size9.69 acres

Building Information

Year Built1967
Stories1

Land Information

APN016.0132.0184.0000.0000
Land UseResidential
Legal DescriptionACRES: 9.690 ABST: 132 SUR: E CAREW TR 6 & PT 5 ARNOLD ACRES
Census Tract950601
Assessed Land Value$207,490
Assessed Improvement Value$165,420
Assessment Year2025

About this property

Owner financing available! Recently remodeled 3 bed, 2 bath home on almost 10 acres just North of Canton. If you want a private home with a little elbow room and land to explore, this is it. This property is fenced with a circle drive, has two water wells on site, and an additional area with a meter to build a shop or another residence. The land has been partially cleared recently to allow space for activities and the possibility of animals with a path to a small pond. Owner financing terms will start with a minimum of 10% down based on credit history.

Investor Tools

Property Icon
$372,910
Estimated Property Value
$675,218Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,237 /month
Positive
Cash Flow Estimate:
$746 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,401
$372,910
2025
$207,490
$165,420
$372,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,401
$372,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Unknown
$343,660
No
First
May 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$675,218
N/A
0%
181%
$4,122/mo

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: Canton

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261 Vz County Road 1203 | Property Details | No Agent List