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Madison Park Homes for Sale in Canyon

Madison Park is a newer Canyon neighborhood, with homes built from about 2019 to 2021. Canyon is home to West Texas A&M University and the Panhandle-Plains Historical Museum, and Palo Duro Canyon State Park is about 12 miles east.

Madison Park at a Glance

Typical list price
$325K to $360K
Average about $345,000 (Oct 2026)
Location
Canyon
Randall County, inside Canyon city limits
Homes
Built 2019 to 2021
1,800 to 2,100 sq ft, 3 to 4 bedrooms
Utilities
City water and sewer
Inside Canyon city limits
HOA
Not common
Check deed restrictions for each home
Property tax rate
Approximately 1.86% per year
City, county, Canyon ISD, hospital and water districts (2026)

Schools Serving Madison Park

ElementaryCrestview Elementary
Intermediate (grades 5-6)Canyon Intermediate
Junior HighCanyon Junior High
High SchoolCanyon High School

Madison Park is part of Canyon ISD. Verify school attendance zones with Canyon ISD for the specific property address.

What Buyers Ask About Madison Park

Does Madison Park have an HOA?

HOA dues are not common in Madison Park. Check the deed restrictions and HOA status for the specific property before you buy.

How old are Madison Park homes, and what should I check?

Madison Park homes were built around 2019 to 2021. Even in a newer home, have a full inspection done, and ask whether any builder warranty is still in effect and can transfer to you.

Why are there so few Madison Park homes for sale?

Madison Park is a small neighborhood, so homes here don't come up for sale often. Setting up a new-listing alert is the easiest way to hear about the next one as soon as it hits the market.

Which builders are active in Madison Park?

Builders currently building new homes here include HOME by Lyons, and others may be building here as well. Ask each builder about warranties, included features and lot options, and compare them with resale homes in the area.

Should I use my own agent when buying new construction?

Yes. The builder's sales representative works for the builder. Your own agent works for you: comparing builders and floor plans, negotiating price and incentives, reviewing the contract and scheduling independent inspections.

What are property taxes in Madison Park?

Madison Park is inside Canyon city limits in Randall County. 2026 tax rates per $100 of value (adopted unless noted):

  • Canyon ISD: 0.915400
  • City of Canyon: 0.504380
  • Randall County: 0.400930
  • South Randall County Hospital District (proposed): 0.032740
  • High Plains Underground Water District: 0.002976
  • Total: 1.856426 (approximately 1.86%)

Canyon ISD tax applies to value after the $140,000 school homestead exemption; non-homestead properties pay it on full value. HOA dues are separate and are not on the tax bill.

Tax rates are set each year by the taxing units and can change. Figures shown are for the 2026 tax year, are provided for general information only, and are not guaranteed. Actual taxes depend on each property's appraised value and exemptions. Verify exact amounts with the Potter-Randall Appraisal District or the Randall County Tax Office before buying.

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