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$140,000

NAL Estimated Property Value

7 Cherrywood Sq, Canyon, TX, 79015

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,023 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator

Exterior

Lot Size6,534 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-039-9250-2360
Lot Number19
SubdivisionHunsley Hills # 5
Land UseResidential
Legal DescriptionHUNSLEY HILLS # 5, LOT 019, BLK 0003
Census Tract021803
Assessed Land Value$7,700
Assessed Improvement Value$121,837
Assessment Year2025

About this property

A great 2/1 across from Hunsley Park on Cherrywood Square. Fridge included. Large living area with vaulted ceilings and lots of natural light and windows. This 1 story end unit has great access to Highway 60, to Canyon and to Amarillo from Soncy Road. Has dishwasher and full washer and dryer hookups. Ready for new tenants. Both bedrooms have a walk-in closet. Also has a 1 Car Attached garage. This is an end unit with access off of Highway 60 Access Road. Has a small storage shed for outdoor equipment. RENTAL APPLICATION LINK: https://apply.link/4a3ooI7

Investor Tools

Property Icon
$140,000
Estimated Property Value
$227,475Estimated 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
$840 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,894
$129,537
2025
$7,700
$121,837
$129,537
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,894
$129,537

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cynthia Miller
Unknown
$237,500
No
First
Jan 3, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,475
N/A
0%
162%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$1,424/mo
$-452/mo
8.3%

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: Canyon

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7 Cherrywood Sq | Property Details | No Agent List