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$197,000

NAL Estimated Property Value

9 Monty Platt #315 Drive, Canyon, TX, 79015

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,180 Sq Ft
price_per_sqft$67.37 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Range, Dishwasher, Microwave, Refrigerator

Exterior

Exterior FeaturesCourtyard
Lot Size7,405 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APNR-061-3500-8620
SubdivisionPalo Duro Village # 1
Land UseCommercial
Legal DescriptionPALO DURO VILLAGE # 1, LOT 29, 30 & SE COR OF 28, BLK 00B5, PALO DURO VILLAGE COOP, APT 315
Census Tract021802
Assessed Land Value$3,703
Assessed Improvement Value$84,262
Assessment Year2025

About this property

Enjoy independent living with all the amenities & active lifestyle has to offer. Located between the FUB Center and WT Activities Center, Palo Duro Retirement Village is a dream for mature adults! This apartment is a rare find with a washer and dryer in unit. This corner apartment boasts excellent views, and updated flooring. A natural paint color & oversized closets! Handicap accessibility in each bathroom and throughout facilities. Enjoy the pond, daily activities, & close proximity to the heart of Canyon & WT events. Residents enjoy daily activities and the freedom to come and go as they please. Each apartment comes with an extra storage room, exercise room and laundry facilities on each floor. This is an ideal place for mature adults to stay active and enjoy the grounds! Visit today!

Investor Tools

Property Icon
$197,000
Estimated Property Value
$0Estimated Mortgage Balance
$197,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
$1,163/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$706
$87,965
2025
$3,703
$84,262
$87,965
No

Tax History

Year
Tax Paid
Assessed Value
2024
$706
$87,965

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$1,163/mo
$-191/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.

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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9 Monty Platt #315 Drive | Property Details | No Agent List