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$319,000

500 Holman Lane, Canyon, TX 79015-4220

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,271 Sq Ft
price_per_sqft$140.47 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Oven, Microwave, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size11,326 sqft

Building Information

Year Built1961
Stories2
Roof Type127
Garage Spaces2

Land Information

APNR-061-9000-0120
Lot Number15
SubdivisionPioneer Estates # 1
Land UseResidential
Legal DescriptionPIONEER ESTATES # 1, LOT 015, BLK 0003
Census Tract021802
Assessed Land Value$19,000
Assessed Improvement Value$229,092
Assessment Year2025

About this property

Location, location, location! This Canyon, Texas home is in the perfect spot! It's located just a couple of blocks from the WTAMU campus on a large corner lot in an established neighborhood with easy access to Interstate Highway 27. The home is just as fantastic as the location. It offers four large bedrooms, 2 1/2 baths, and an open living area with a beautiful fireplace and updated kitchen. The primary suite is isolated and located on the main level. Other features include a two car garage, extra off-street parking, newer windows, a new roof, tons of closet space, and a great front porch! Make an appointment to see this one in person!

Investor Tools

$283,917Estimated Mortgage Balance
$30,083Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,956
$248,092
2025
$19,000
$229,092
$248,092
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,956
$248,092

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$294,500
No
First
May 3, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,917
$30,083
9%
90%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$1,766/mo
$-224/mo
5.9%

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: Canyon

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500 Holman Lane, Canyon, TX 79015-4220 | Property Details | No Agent List