$337,000
NAL Estimated Property Value407 Thompson Ln, Canyon, TX, 79015
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Range, Microwave, Dishwasher
Exterior
Exterior FeaturesBrick
Lot Size12,197 sqft
Building Information
Year Built1964
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-061-9000-1940
SubdivisionPioneer Estates # 3
Land UseResidential
Legal DescriptionPIONEER ESTATES # 3, BLK 0011, S 45FT OF 6 & N 45FT OF 7
Census Tract021802
Assessed Land Value$18,986
Assessed Improvement Value$261,471
Assessment Year2025
About this property
Come see this lovely home in Canyon!! This home features several updates with 2 living areas, formal dining room, kitchen (pantry), tons of storage, large utility room, 4 bedrooms, and 2 1/2 bathrooms. Don't miss out on this one!!
Investor Tools
$337,000
Estimated Property Value
$297,726Estimated Mortgage Balance
$39,274Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,334
$280,457
2025
$18,986
$261,471
$280,457
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,334
$280,457
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$299,900
No
First
Dec 18, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,726
$39,274
11%
88%
$1,799/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$1,799/mo
$-477/mo
4.7%
