Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$445,000

18 Backus Ln, Canyon, TX, 79015

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,221 Sq Ft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Trash Compactor, Oven, Microwave, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size6,970 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-044-8000-1375
Lot Number58
SubdivisionMadison Park # 3
Land UseResidential
Legal DescriptionMADISON PARK # 3, LOT 058, BLK 0002, 0.1600 ACRES
Census Tract021707
Assessed Land Value$34,500
Assessed Improvement Value$335,098
Assessment Year2025

About this property

This stunning 3 bedroom, 2 bath home is filled with charm, style, and beautiful finishes throughout! From the moment you walk in, your'll appreciate the gorgeous decor, inviting living area with a beautiful fireplace, and eye-catching ceiling beams. The kitchen is a true showstopper, featuring stunning granite countertops, beautiful cabinetry and a spacious island perfect for entertaining. Tucked away on a quiet cuul-de-sac, this home offers the perfect combination of elegance, comfort and location.

Investor Tools

$108,851Estimated Mortgage Balance
$271,149Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

Interested in this property?

Colleen Meyer

Lyons Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$369,598
2025
$34,500
$335,098
$369,598
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$369,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$100,000
No
First
Apr 21, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,851
$271,149
71%
29%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$720/mo
+$602/mo
4.2%

City: Canyon