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Land with Home for Sale in Canyon, Texas

Hope Rd, Canyon, TX 79015

$3,500,000
72 acres
Active
Est $21,903/mo

Hidden Gem in Canyon, Texas Not even the locals know this property exists! Maybe they've heard rumors of the well estimated to produce 500 to 1000 gallons-per-minute, or seen pictures of the ''Black and Light'' custom-built shop. Everyday, folks drive by the entrance not knowing it leads to a private estate surrounded by trees, hidden from view by the draw with the red and white rock echoes of nearby Palo Duro State Park. The house has been fully remodeled into a 5-bed 3-bath 2-living room example of contemporary style, ready for your personal flourishes. Enjoy the shaded view of deer grazing the wheat pasture just a few yards in front of the house, seated under the massive canopy of established trees. And that's just the beginning. The rest of the 72 acres ... include canyons, trails, a custom barn with pens, and wildlife to share your escape with. 2400 ft of Palo Duro Creek makes its way across the property, and is shaded by 500 +/- trees including: Elm, Juniper, Pecan, Hackberry, and Mulberry. The water table is just below the creek, providing for the lush stand of plant life. As for wildlife, expect whitetail deer, mule deer, turkeys, raccoons, roadrunners, jackrabbits, cottontails, and a variety of birds. You'll easily access the 2 canyons on the back half of the property via 2 miles of ATV/UTV trails. Enjoy hiking and recreation opportunities, or just get away without leaving your own property. New fences mark the perimeters of 3 livestock pastures along the back portion of the property as well. Give your horses or cattle their own slice of paradise. A custom-built 5,000 square foot shop/barn stands along the paved private road. Take in the creek and trees and oversee your horses in their pipe stalls through the efficient and striking Andersen windows. Like the powered overhead doors, the windows are black on black to maintain the aesthetic. The inside of the barn is spray-foamed and is wired with electric service. After your time out on the place, head back to the house for basketball on the dedicated court area, or the artificial turf areas for play time. The standalone cedar-lined garage is climate-controlled, and makes a perfect workout space. Or just relax back under the trees, which are surrounded by a fescue yard featuring a dedicated sprinkler system. Too cold outside? Warm up by one of the 2 fireplaces inside the house. Built-in cabinetry in two rooms make for great libraries, too! Wolf appliances fire the kitchen - multiple sinks and plenty of storage provide the ideal spot for cooking. New fixtures, flooring, and lighting throughout the house make it even easier to relax and enjoy the views of your private estate through the massive windows. Plus, this property offers future opportunities. Consider utilizing its location outside of city limits to develop multiple properties, or continue the open discussion with local officials about selling water to the City of Canyon. As for that well, it's sourced from the Santa Rosa aquifer and currently has a 50 horsepower well motor, which produces 450+ gallons per minute. A larger pump would produce an estimate 800 to 1000 gallons per minute. Not interested in the water utility option? The property can be purchased at discount, with the current owner maintaining Santa Rosa water rights. The 2 active domestic wells and the Ogallala aquifer rights will convey to the new buyer.

3,200
Sq feet
5
Beds
3
Full baths
1976
Built

Location

Street address
Hope Rd
Elevation
3,622 feet
Coordinates
34.9999, -101.9722

Directions

From Canyon, go West on US Hwy 60. Turn right on Hope Rd, just west of city limits. Head north on Hope Rd for 1 mile. Gated entrance is on the right.

Property details

Acreage
72 acres
MLS #
AAR 25-4465
Posted

Parcels

  • 207928

Legal description

Details and features

Listing

Type
Residential

Lot

View
Canyon

Exterior

Parking
Open, RV
Structures
Workshop

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Cooling
Central Air
Materials
Stucco, Wood Frame

Interior

Rooms
Basement, Bathroom x 3, Bedroom x 5, Den, Exercise Room
Appliances
Dishwasher, Disposal, Double Oven, Microwave, Oven, Range, Refrigerator
Features
Butlers Pantry, Den, Exercise, Great Room, Living Areas, Mud Room, Pantry, Sunken Living Room, Utility

Listing history

DateEventPriceChangeSource
May 15, 2025New listing$3,500,000AAR
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This 72-acre property is located at Hope Rd in Canyon, TX 79015. The property is available for sale for $3,500,000. It has a 3,200 sq ft 5 bedroom, 3 bath house built in 1976.

Checked 7 hours ago — Updated

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