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$725,000

490 Canyon Oaks Dr, Argyle, TX, 76226

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.25 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size36,799 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR114555
Lot Number28
SubdivisionCanyon Oaks
Land UseResidential
Legal DescriptionCANYON OAKS BLK D LOT 28
Census Tract021755
Assessed Land Value$156,400
Assessed Improvement Value$599,964
Assessment Year2025

About this property

A North facing Ken Hodge Custom 1 story 4 BR-3 bath- 3 car garage w-covered boat parking too! These were the original non-smoking owners. Large rooms & high ceilings! Currently in estate heirship for sale and the heirs have no knowledge of the mechanics or condition other than what is in documents. The home had a new roof in 2017, New HVAC & Ductork in June of 2021 and 2 new HWH's Oct 2020. Eveything else is original and scarred from a wheelchair & needs a cosmetic facelift and updating. BR # 4 is split & can be a mother-in-law suite with full bath. 2 fireplaces, 2 living areas & apx 1 acre. Huge circular & straight driveways! Well on the property - condition unknown. Price reflects the condition. Rare 1 story!

Investor Tools

Property Icon
$892,000
Estimated Property Value
$737,028Estimated Mortgage Balance
$221,035Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,352 /month
Positive
Cash Flow Estimate:
$1,784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,028/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,881
$667,126
2025
$156,400
$599,964
$756,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,881
$667,126

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$737,028
No
First
Mar 13, 2022
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$670,965
$221,035
24%
75%
$3,156/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,156/mo
+$704/mo
5.2%

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: Argyle

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490 Canyon Oaks Dr | Property Details | No Agent List