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$225,000

721 Water Crest Circle, Canton, TX, 75103

On MarketInfo
Beds2 Beds
Baths1,263 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.15 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size12,763 sqft

Building Information

Year Built1973
Stories1
Garage Spaces1

Land Information

APN014.2230.0002.0008.0000
Lot Number8
Land UseResidential
Legal DescriptionACRES: 0.293 BLK: LOT: PT 8 ADDN: BRIARWOOD ESTS
Census Tract950700
Assessed Land Value$29,270
Assessed Improvement Value$145,680
Assessment Year2025

About this property

Classic 2-bedroom, 1-bath brick home ideally situated across from Canton City Lake. This inviting home features an open living, dining, and kitchen area—perfect for everyday living and entertaining. Enjoy year-round comfort in the spacious four-seasons porch, along with the convenience of a well-appointed laundry room. Relax on the covered front porch or unwind on the covered back porch overlooking the large, fenced backyard—ideal for pets, gatherings, or outdoor enjoyment. This property combines comfort and functionality, making it a wonderful place to call home or adding to your investment portifollio

Investor Tools

$69,731Estimated Mortgage Balance
$153,269Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,864
$174,950
2025
$29,270
$145,680
$174,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,864
$174,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank (Wills Point Tx)
Unknown
$130,000
No
First
Mar 3, 2008
Mar 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,731
$153,269
68%
31%
$780/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Canton

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721 Water Crest Circle | Property Details | No Agent List