$219,900
606 15th St, Canyon, TX, 79015
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,276 sqft
Building Information
Year Built1963
Stories1
Roof Type183
Land Information
APNR-005-7800-4750
SubdivisionOriginal Town Of Canyon
Land UseResidential
Legal DescriptionORIGINAL TOWN OF CANYON, BLK 0060, 19 AND 20
Census Tract021804
Assessed Land Value$9,600
Assessed Improvement Value$149,864
Assessment Year2025
About this property
This cute house is only a few blocks from downtown Canyon! Great location for access to shops, restaurants, and events in town. The house sits on a large corner lot and includes a storage building in the back. Some features are an oversized laundry room, a flex space off the living room, and plenty of off street parking. Snag this one before it's gone!
Investor Tools
$80,056Estimated Mortgage Balance
$102,944Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,837
$159,464
2025
$9,600
$149,864
$159,464
No
Tax History
Year
Tax Paid
Assessed Value
2018
$1,837
$159,464
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Commercial
$88,000
No
First
Dec 2, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,056
$102,944
56%
44%
$528/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$528/mo
+$794/mo
8.7%
