$550,000
1000 Sw 10th Ave, Amarillo, TX, 79101
On Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size10,890 sqft
Building Information
Year Built1957
Stories1
Land Information
APNR-044-7600-2900
Lot Number10
SubdivisionMadden Addn
Land UseCommercial
Legal DescriptionMADDEN ADDN, LOT 010, BLK 0003
Census Tract011500
Assessed Land Value$16,335
Assessed Improvement Value$154,719
Assessment Year2025
About this property
Centrally located convenience store in Amarillo's Plemons area. Recently remodeled and fully stocked—true turn-key, cash-flowing opportunity. High-traffic corridor with strong neighborhood demand and favorable convenience-store demographics. Efficient layout, updated finishes, and ready for immediate operation. Ideal for owner-operator or investor seeking an established location with upside.
Investor Tools
$102,359Estimated Mortgage Balance
$171,054Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,657
$171,054
2025
$16,335
$154,719
$171,054
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,657
$171,054
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo Capital Investmets Lp
Unknown
$105,000
No
First
Dec 17, 2024
Dec 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,359
$68,695
40%
60%
$630/mo
