Last 24 Hours
$229,500
2616 16th Ave, Canyon, TX, 79015
$233,688 ARV
On Market
Just Added
3 Beds
1 Bath
1,234 Sq Ft
$185.98 / sqft
Built in 1979Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating
CoolingAppliancesRange, Oven, Dishwasher
Exterior
Exterior FeaturesBrick
Lot Size6,970 sqft
Building Information
Year Built1979
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-078-1860-0230
Lot Number8
SubdivisionTierra Blanca # 3
Land UseResidential
Legal DescriptionTIERRA BLANCA # 3, LOT 008, BLK 0010, 0.1600 ACRES
Census Tract021802
Assessed Land Value$10,980
Assessed Improvement Value$160,255
Assessment Year2025
About this property
Affordable and Updated near Canyon High School. Move in ready 3 bedroom home in a convenient location. Nicely remodeled interior with an open floor plan that provides an easy flow throughout the main living area. Spacious backyard with large storage shed. Functional, affordable and a great location.
Investor Tools
$0Estimated Mortgage Balance
$198,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$233,688
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,377 /month
Positive
Cash Flow Estimate:
$459 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,317
$171,235
2025
$10,980
$160,255
$171,235
No
Tax History
Year
Tax Paid
Assessed Value
2018
$2,317
$171,235
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
8.0%
12.4%