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$535,000

706 Canyon Pkwy, TX, 79015

$562,555 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,506 Sq Ft
price_per_sqft$213.49 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesMicrowave, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick, Dog Run
Lot Size5.05 acres

Building Information

Year Built2023
Stories1
Garage Spaces4

Land Information

APNR-005-7920-3440
Lot Number7
SubdivisionThe Canyons # 2
Land UseResidential
Legal DescriptionTHE CANYONS # 2, LOT 007, BLK 0020, 5.0500 ACRES
Census Tract021900
Assessed Land Value$55,000
Assessed Improvement Value$493,271
Assessment Year2025

About this property

Welcome to secluded luxury living in the coveted gated development of The Canyons! Built in 2023, this stunning farmhouse-style home sits on 5 acres with beautiful views and wide-open spaces. Offering 4 bedrooms, plus a dedicated office, 3 full bathrooms and a 3-car garage, it was thoughtfully designed with beauty and function in mind. The kitchen features quartz countertops, gas cooktop and double ovens. The isolated primary suite is a showstopper with vaulted ceiling, double vanities and a full wet room with soaking tub and rain-head shower. Thoughtful accessibility includes wider doorways, no interior steps and a roll-in shower. Enjoy beautiful front and back porches, a huge utility room with butcher block counters, fireplace and abundant storage throughout! 2 Horses allowed!

Investor Tools

$388,109Estimated Mortgage Balance
$166,891Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$562,554
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

Interested in this property?

Haley Sutter

2015 Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
$757/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$255
$548,271
2025
$55,000
$493,271
$548,271
No

Tax History

Year
Tax Paid
Assessed Value
2018
$255
$548,271

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$410,000
No
First
Sep 26, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,109
$166,891
30%
70%
$2,459/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$3,217/mo
$-1,895/mo
2.9%

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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706 Canyon Pkwy | Property Details | No Agent List