Property Description Exceptional investment opportunity in Canyon, TX! This brand-new construction 5-plex offers immediate income potential with all five units already leased at $1,495 per month, with tenants scheduled to move in next month.
Each unit features a well-designed 2 bedroom, 1 bathroom layout with a 1-car garage, offering modern finishes and functional living spaces.
All kitchen appliances, including refrigerators, convey with each unit, making this a truly turnkey investment.
Each unit also includes a private fenced yard, covered patio with a storage room, and low-maintenance rock landscaping in the backyard, adding value for tenants and minimizing upkeep for owners.
Details
Maps
Property Information
To Be Auctioned: No
Zone: 2000 - SW of Amarillo City Limits
Photos are Virtually Staged: No
Realtor.COM Type: Multi-Family
List Price Per Sq. Ft.: 0
Source of Sq Ft: Builder Plan
Current Price: $893,300
List Price: $893,300
Area: 2229 - Tierra Santa
Status: Active
Year Built: 2026
Taxes and Legal Information
City: Canyon
Legal: TIERRA SANTA # 2, LOT 028, BLK 0001, 1.0200 ACRES
House #: 11074
Street Name: VERANO
Street Sfx: Drive
State/Province: TX
Postal Code: 79015
County: Randall
Listing Info
L/A Supervisor Name: Winona Colson
Supervisor's Phone #: 8064332067
L/A Supervisor License Number: 0513008
Exchange For: CASH
Directions: South on FM 2590, West on 2219, South on Helium, west on Verano, 5plex on North side of street
Located in a growing and highly sought-after area of Canyon, this property provides strong rental demand, low maintenance benefits of new construction, and excellent long-term appreciation potential.
Whether you're expanding your portfolio or stepping into multi-family investing, this fully leased 5-plex delivers stability, convenience, and immediate cash flow.
