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$375,000

981 Vz County Road 2503, Canton, TX, 75103

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,715 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.66 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size2.43 acres

Building Information

Year Built2019
Garage Spaces4

Land Information

APN016.2420.0001.0013.0200
Lot Number13B
Land UseResidential
Legal DescriptionACRES: 2.430 BLK: 1 LOT: 13B ADDN: FOREST SPRINGS EST REPLAT 18-4511
Census Tract950602
Assessed Land Value$103,000
Assessed Improvement Value$398,000
Assessment Year2025

About this property

Beautiful Craftsman Style Home wth 2.43 acres in Canton ISD! Great floor-plan with modern design features. Light colors & high-end finishes throughout. Open concept floor plan with wood flooring through all living areas! Main living room features stone fireplace, vaulted ceilings and french doors leading to covered patio! Kitchen has granite, glass subway tile back splash, island & stainless steel appliances. Oversized laundry, Private Master suite with vaulted ceiling, large windows, walk in closet with custom shelving and spa like master bath with oversized shower, granite, freestanding soaker tub. Large covered porch on the front & back of the home! 2 car garage.

Investor Tools

Property Icon
$509,000
Estimated Property Value
$275,000Estimated Mortgage Balance
$257,400Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,157
$501,000
2025
$103,000
$398,000
$501,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,157
$501,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$275,000
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,600
$257,400
50%
49%
$1,649/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.

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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