Income-Producing Canyon ISD Estate on 9.82 Acres with Guest Home

Welcome to one of the most versatile and well-appointed properties in the Amarillo/Canyon region - nearly10 acresof country living with every modern convenience, income potential, and room to grow. Rare opportunity to own a versatile 9.82-acre country estate in the highly desirable Canyon ISD, offering the perfect blend of rural living, income potential, and convenience to Amarillo and Canyon. Located on paved Devon Road, this property features two separate brick homes, functional agricultural improvements, and a fully fenced setup ideal for horses, livestock, hobby farming, or multigenerational living. The main residence offers approximately 2,422 square feet with 3 bedrooms, 2 bathrooms, a formal dining room, dedicated office, sunroom, walk-in pantry, spacious walk-in primary closet, huge bedroom closets and a cozy wood-burning fireplace. Granite countertops, butcher block island and updated flooring throughout the home. A covered back patio and private covered hot tub create the perfect setting for outdoor entertaining and relaxing West Texas evenings. The attic has already been partially framed for future upstairs expansion, adding excellent long-term potential. Major system updates include a newer HVAC system installed approximately two years ago and a recently replaced water heater. The separate guest home offers approximately 1,331 square feet with 2 bedrooms, 1 bathroom, a sunroom, and attached 1-car garage. With separate utilities and address, the guest house currently generates $1,550 per month in rental income, totaling approximately $18,600 annually and helping offset ownership costs. Annual property taxes are approximately $7,143, making the existing rental income a significant financial advantage for future owners. A current tenant who would like to renew the lease agreement. The property is fully equipped for country living with 7.8 fenced acres, 4 & 5-strand barbed wire fencing, horse lean-to shed, and a 30x70 shop/garage featuring built-in storage framing, workbench space, and an attached 6-bay indoor/outdoor dog run. Conveniently located near WTAMU, Canyon Country Club, Palo Duro Canyon State Park, and Amarillo amenities, this unique property offers the rare combination of acreage, rental income, agricultural functionality, and highly sought-after Canyon ISD schools. Property Highlights 9.82 acres in Canyon ISD Main home: 2,422 SF | 3 bed | 2 bath | office | formal dining Guest home: 1,331 SF | 2 bed | 1 bath | sunroom | garage Two separate brick homes Income-producing guest home with separate utilities/address Approximately $18,600 annual rental income Annual property taxes approximately $7,143 30x70 shop/garage with storage framing, 200 amp service and 220 outlet 6-bay indoor/outdoor dog run Horse-ready with fenced pasture and lean-to Covered patio and private hot tub Wood-burning fireplace Walk-in pantry and walk-in primary closet and huge bedroom closets Sunroom Attic framed for future expansion Newer HVAC and water heater updates Paved road access No floodplain Minutes from Canyon and Amarillo Near WTAMU and Palo Duro Canyon State Park Agricultural & Livestock Facilities This property is fully equipped for the serious hobbyist or working small farm operation: Feature Details Pasture Fencing 4 & 5-strand barbed wire, good condition Fenced Acreage 7.8 acres Horse Lean-To Shed Yes - with ample pasture land Chicken Coop(s) Multiple Cattle No but permissable Dog Run 6-bay indoor/outdoor, attached to garage Shop / Garage The 30 x 70 garageis built for work and storage: Built-in framing for storage Integrated workbench framing Attached6-bay indoor/outdoor dog run Location & Community Schools(Canyon ISD) Spring Canyon Elementary- Newly built Canyon Junior High School- Canyon High School All three schools are highly competitive inacademics and athleticsand enjoy strong, faithful community support. Proximity Minutes toCanyon Country Club,WTAMU, Canyon & Amarillo ~30 minutes toPalo Duro Canyon State Park- ~30 minutes toWonderland Park- ~30 minutes toRick Husband International Airport Why This Property Stands Out Properties like this are increasingly rare. This estate offers the unique combination ofcountry lifestyle, income generation, agricultural capability, and proximity to urban amenities- all in one of thefastest-growing corridors in the Texas Panhandle . Whether you're looking for a private family compound, a working hobby farm, or a smart investment with built-in rental income, this property delivers on every front. "Country living in the midst of urban development - a true gem that rarely comes to market."