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Days276Days on Market
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$2,000,000

304 Canales Rd, Nevada, TX, 75173

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,142 Sq Ft
FarmFarm
price_per_sqft$933.71 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Tankless Water Heater
FlooringCeramic Tile, Concrete

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1.31 acres

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR-6084-000-0230-1
Lot Number23
SubdivisionElisha Browning Survey
Land UseResidential
Legal DescriptionABS A0084 ELISHA BROWNING SURVEY, TRACT 23, 1.307 ACRES
Census Tract031201
Assessed Land Value$111,095
Assessed Improvement Value$372,307
Assessment Year2025

About this property

Escape to your own private retreat with this beautiful custom home set on over 36 acres (with an ag-exemption) of wide-open Texas Countryside. Designed for both comfort and function, the property offers endless possibilities for recreation, ranching or simply enjoying the peace and quiet of country living. Custom-built Home with quality finishes and thoughtful design with recent updates including, fresh interior and exterior paint and luxury vinyl flooring. The Spacious Floor plan is filled with natural light. Modern kitchen with generous living areas, perfect for entertaining. The Land has an Agricultural Exemption for Lower Taxes, over 36 acres of rolling land with plenty of room for cattle, horses or outdoor hobbies. Pond for fishing and relaxing and Wide Open Views. The Shop is 30 x 50 with electricity and a 20x30 overhang for all your equipment, toys, vehicles and livestock needs. Whether you're dreaming of a working ranch, a weekend getaway or a forever home, this property delivers it all. Owner will consider owner financing.

Investor Tools

Property Icon
$1,980,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,980,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Cindy Coats

WILLIAM DAVIS REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,081/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,069
$483,402
2025
$111,095
$372,307
$483,402
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$15,069
$483,402

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,277,000
100%
0%
$0/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.

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: Nevada

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