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Three-Home Rental Portfolio
For Sale
$675,000

Melton Ag Portfolio, Canyon, TX 79015

MULTI_FAMILY - Canyon, TX

Property SizeContact for details
Days on Market62

Property Features for Melton Ag Portfolio

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 0900 - All of Canyon in City Limits
Bedrooms 9
Full bathrooms 5
Rooms Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 9, Bedroom 7
Directions 2630 13th: In Canyon, south on 23rd, east on 13th. 2607 14th Ave: In Canyon, south on 23rd, east on 14th. 1016 5th St: In Canyon, south on 23rd, west on 8th Ave, south on 8th St, west on 10th Ave, south on 5th St.
Subdivision 0900 - Canyon All Other
Standard status Active

Taxes and HOA fees

Tax Description Lot 004 Block 0007, 0.18 acres Tierra Blanca #1
Legal Description Lot 004 Block 0007, 0.18 acres Tierra Blanca #1

Building Details

Year built 1976
Number of units 3
Listing Agency: ERA Courtyard Real Estate
Listed By: Wendy Collier
Added: Jun 23 Changed: Aug 2 Last Checked: Aug 23 at 1:06PM
MLS# 26-5115

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.

Investment Insights

Based on property information with market context.

This for-sale package includes three single-family rental homes in Canyon, Texas. Each property is currently leased to long-term tenants, with professional management in place. The portfolio has had recent capital improvements, including new composition roofs installed on all three homes.

The properties are located at 2607 14th Ave, 2630 13th Ave, and 1016 5th St. The offering is positioned for everyday convenience, with proximity to schools, shopping, and major employers noted in the listing remarks.

For investors seeking a turnkey rental portfolio, this asset provides an all-in-one ownership structure with tenants already in place and updated roofing improvements across the three homes. Prospective buyers can review financial information upon request and consider whether the current management and leased configuration aligns with their underwriting and investment strategy.

Key Highlights

  • Package of 3 leased single‑family rental homes: 2607 14th Ave, 2630 13th Ave, and 1016 5th St
  • All three properties are currently leased with long‑term tenants for immediate income
  • Professionally managed portfolio with established long‑term rental history

Property Analytics

Current Use

Single family properties

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 79015, TX

21,710
Population
9,311
Households
2.3
Avg Household Size
32
Median Age
40%
College-Educated
95%
High-School Grad
328.5 sq mi
ZIP Area
66
Density / Sq Mi
$81,351
Median Household Income
$43,168
Median Earnings
$976
Median Rent
$267,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Three leased single-family rentals with recently installed composition roofs, offered as a professionally managed investor package.
Where is this single family property located?
The property is located at Melton Ag Portfolio Canyon, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Package of 3 leased single‑family rental homes: 2607 14th Ave, 2630 13th Ave, and 1016 5th St; All three properties are currently leased with long‑term tenants for immediate income; Professionally managed portfolio with established long‑term rental history
More about this property
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