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$221,500

871 Vz County Road 1217, Canton, TX, 75103

$287,950 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.74 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther

Exterior

Lot Size6.82 acres

Building Information

Year Built1973
Stories1

Land Information

APN016.0132.0153.0000.0000
Lot Number2
Land UseResidential
Legal DescriptionACRES: 6.817 ABST: 132 SUR: E CAREW LOT 2 2 TRS COMB
Census Tract950601
Assessed Land Value$161,430
Assessed Improvement Value$206,960
Assessment Year2025

About this property

REDUCED! This sweet Lady has had a few tough years. She needs a caring hand to help her get back in shape! Her bones are good and strong but she is a tad out dated and needs some cosmetic touch ups. She is a fixer upper. The garage has been converted into a large family room with a fireplace and a great view. The original living room also has a fireplace. This home has 3 bedrooms, 2 baths. The kitchen is a great size, not too big, not too little! It does need updates. This home is so cozy sitting on 1.5 acres in a great location. This is Canton Schools with easy access to Canton and I 20! Outside this charming property there are two shops. One is an 1800 sq.ft. shop with concrete floors and plenty of power! Attached to the front of this bldg is a 1500 sq.ft. bldg also with concrete floors that was used as a store front. Both are insulated. This would make a perfect place for your business, it's so easy to get to. Also would be a great place for storage for 1st Monday Vendors! These out buildings have so much potential. This home just needs some repair. She would love to have a family of her own to raise in this pretty east Texas countryside. This is a good area with good neighbors! Priced to sell! Although the Information is to be deemed liable, Buyer and Buyers Agent are to verify all information, including but not limited to measurements, schools and sq. ft.

Investor Tools

Property Icon
$368,390
Estimated Property Value
$239,646Estimated Mortgage Balance
$132,606Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$287,950
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,210 /month
Positive
Cash Flow Estimate:
$737 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,461
$368,390
2025
$161,430
$206,960
$368,390
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,461
$368,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$239,646
Yes
First
Jun 21, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,784
$132,606
35%
64%
$1,437/mo

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: Canton

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871 Vz County Road 1217 | Property Details | No Agent List