Canyon, TX Multifamily Homes & Duplexes for Sale
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$1,375,000
- 4 Beds
- 4.5 Baths
- 4,677 Sq Ft
5 Stoneway Ct, Canyon, TX 79015
5 Stoneway Ct, Canyon, TX 79015 -
$500,000
PD Canyon Rv Park Tradewind St, Canyon, TX 79015
PD Canyon Rv Park Tradewind St, Canyon, TX 79015 -
$820,000 New Construction
- 1,365 Sq Ft
9550 Elite St, Canyon, TX 79015
9550 Elite St, Canyon, TX 79015
About Canyon



Anyone traveling west into Canyon will glimpse the Palo Duro Canyon, the country's second-largest canyon and the city’s namesake. Visitors driving along U.S. Route 60 from Amarillo will instead be greeted by Tex Randall, a 47-foot-tall cowboy standing over the highway. Both sights showcase how the Texas Panhandle landscape and small-town pride have shaped Canyon’s identity. “Think of all the cute small towns in Hallmark movies, and that’s Canyon,” says Megan Nelson, the city’s community engagement director and resident of over 10 years. “It’s s ...
Home Trends in Canyon, TX
On average, homes in Canyon, TX sell after 39 days on the market compared to the national average of 47 days. The average sale price for homes in Canyon, TX over the last 12 months is $354,977, up 9% from the average home sale price over the previous 12 months.
Home Trends
In Canyon, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $490,000 to $1,925,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Canyon is $357,500, while the average sale price is $354,977, offering insights into the local housing market. On average, multi-family homes spend 39 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Canyon, TX.