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    1062 Tract 2 Canyon, TX 79015

    For Sale
    $175,000

    LAND - Canyon, TX

    Lot size:
    20.00 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 1062 Tract 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    20.00 Acres

    Palo Duro Real Estate (806) 476-0583

    Listing agent Branson Cruse

    Listing date Aug 28, 2025

    MLS# 25-4456 Listing URL

    Copyright © 2025 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    20-Acre Homesite Near Canyon, TX

    This is a 20-acre homesite located approximately eight miles west of Canyon. The property is fully fenced and includes approximately 300' of frontage on FM 1062. A paved drive and culvert are present. The land is suitable for horses and other livestock. Deed restrictions allow for conventional construction as well as barndominiums. Multiple tracts are available.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Canyon
    County
    Randall
    State
    Texas
    Longitude
    -102.01416
    Latitude
    34.985605

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    FAQs

    What type of property is this?
    Agricultural land - 20-acre homesite near Canyon, TX, suitable for horses.
    Where is this agricultural land located?
    The property is located at 1062 Tract 2 Canyon, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - 20 acre +/- homesite; - Fully fenced; - Paved drive and culvert installed
    (806) 476-0583
    Request Owner's contact information
    1062 Tract 2 Canyon, TX 79015
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    Canyon, TX 79015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1062 Tract 2 Canyon, TX 79015
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