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$21,000

9890 Steelwood Ln Ste Elwood, Canyon, TX, 79015

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.03 acres

Land Information

APN000000314098
SubdivisionSteelwood Ranch # 1
Land UseVacant Land
Legal DescriptionSTEELWOOD RANCH # 1, LOT 006, BLK 0001, 1.03 ACRES
Census Tract021708
Assessed Land Value$21,000
Assessment Year2025

About this property

Welcome to Steelwood Ranch, where the charm of rural living meets modern innovation! Nestled between Amarillo and Canyon, this brand-new subdivision offers an exceptional opportunity for those seeking a distinctive lifestyle. Imagine waking up to panoramic views of the Texas plains, surrounded by the tranquility of the countryside. At Steelwood Ranch, we embrace diversity in housing styles. Whether you envision an urban ranch home, a modern farm retreat, or a trendy barndominium, our spacious one-acre lots provide the canvas for your dream residence. With plenty of room to roam and grow, you'll find the perfect balance of privacy and community. Conveniently located south of Rockwell Road, just off Helium Helium Road, Steelwood Ranch offers easy access to amenities in both Amarillo and Canyon. Whether you're craving the bustling energy of city life or the serene ambiance of rural landscapes, you're never far from what you desire. To ensure harmony within our community, deed restrictions and plat details are included in the documents provided. Act fast! these prime lots are in high demand and won't last long! Don't miss your chance to secure your piece of Steelwood Ranch.

Investor Tools

Property Icon
$21,000
Estimated Property Value
$405,226Estimated Mortgage Balance
$0Estimated Equity
-1830% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$359 /month
Positive
Cash Flow Estimate:
$120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$34/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$21,000
2025
$21,000
N/A
$21,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$21,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Purchase Money Mortgage
$405,226
No
First
Oct 3, 2025
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,098
N/A
0%
1910%
$2,430/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: Canyon

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9890 Steelwood Ln Ste Elwood | Property Details | No Agent List