Ransom Canyon is located at 33°31'54" North, 101°40'53" West (33.531731, -101.681524).
According to the United States Census Bureau, the town has a total area of 0.94 mi2 (2.44 km2). 0.83 mi2 (2.16 km2) of it is land and 0.11 mi2 (0.28 km2) of it is covered by water. The total area is 11.57% water.
Ransom Canyon is located in the Central Standard Time (CST) timezone, GMT-06:00. It observes Daylight Saving Time (DST).