29 Southridge Drive, Canyon, TX 79015
- Added:
- Jun 20, 2026
- Days on Market:
- 15
- Last Refresh:
- Jul 4 at 1:06 am
Property Features for 29 Southridge Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Oven, Dishwasher, Cooktop
- Standard status
- Active
- APN
- 114350
- Size
- 3,214 SF
Taxes and HOA fees
- Tax Description
- HUNSLEY HILLS DEVELOPERS INC # 2ND - A, BLK 0008, 2ND SECT PART A E 26.61FT OF 3 & ALL OF 2
Utilities
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1976
- Building materials
- Brick Veneer
Listing agent Melanie Scott License #0436268 (806) 359-4000
Listing office Keller Williams Realty Amarillo 3955 S Soncy Rd, Amarillo, TX (806) 359-4000
Listing date Jun 20, 2026
Copyright © 2026 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.
HighLights
- Strong rental potential in Canyon, TX
- Desirable Hunsley Hills location
- Functional 3 bed, 2 bath duplex layout
- Opportunity to build equity
- Includes oven, dishwasher, and cooktop
- Central air conditioning
Overview
Located at 29 Southridge Drive in Canyon, Texas 79015, the duplex sits in Randall County. The home’s address provides straightforward identification for showings and property management, with Canyon serving as the surrounding community context.
As a duplex, the asset can fit buyers looking to occupy one side while renting the other, or to operate it as a residential rental property. The current listing materials position the home as an investment opportunity, emphasizing its practical layout for tenants and owner-occupants. Prospective buyers should evaluate their preferred operating model based on the unit configuration and intended occupancy plan.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.7k | $12.36 |
| − Vacancy | −$4.5k | −$1.41 |
| EGI | $35.2k | $10.95 |
| − OpEx | −$10.6k | −$3.29 |
| NOI | $24.6k | $7.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canyon
- County
- Randall
- State
- Texas
- Longitude
- -101.9292
- Latitude
- 34.98679
