1 / 155-Unit Multifamily in Canyon, TX
TX · listed Sep 22, 2026 (36 days)
- $/unit
- $178,660
- ▲ 79% vs TX · 81st pct
- Cap rate
- —
- Gross yield
- 10.4%
- Units
- 5
- 2026
Financials
- Asking price
- $893,300
- Price per unit
- $178,660
- Price per sq ft
- Not stated
- Gross rent / year
- $93,000avg rent × units
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 10.4%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2026
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 22, 2026
- Days on market
- 36 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1266
About this property
Exceptional investment opportunity in Canyon, TX! This brand-new construction 5-plex offers immediate income potential with all five units already leased at $1,550 per 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. Call our team for more info
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Amarillo, TXNew construction | $1.18M | $197K$197K | — |
Amarillo, TXStabilized | $490K | $70K$70K | — |
Amarillo, TXStabilized | $495K | $41K$41K | — |
Amarillo, TXValue-add | $2.3M | $85K$85K | — |
Amarillo, TXHigh yieldValue-add | $2.7M | $56K$56K | 8.8% |
| Amarillo, TX High yieldValue-add | $2.3M | $85K$85K | 8% |




