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B+
NoAgentList RatingHow are grades calculated?Info
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$94,900

1002 N Buchanan St, Amarillo, TX, 79107

$101,806 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,040 Sq Ft
price_per_sqft$91.25 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Floor/WallHeating Floor/Wall
AppliancesRange, Oven

Exterior

Lot Size6,970 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APNR-078-1600-0300
Lot Number8
SubdivisionTarter Addn
Land UseResidential
Legal DescriptionTARTER ADDN, LOT 008, BLK 0036
Census Tract012800
Assessed Land Value$5,400
Assessed Improvement Value$102,793
Assessment Year2025

About this property

Opportunity awaits at this 3-bedroom, 2-bath home in Amarillo! Offering approximately 1,040 square feet, this property features a spacious living area, functional kitchen, separate laundry space, covered front porch and a fenced yard with mature trees. The home has plenty of character and offers an excellent opportunity for an investor, renovator or buyer looking to make a property their own. With some updating and TLC, there is great potential to bring new life to this home. Conveniently located with easy access to shopping, dining and other Amarillo amenities. Come take a look and imagine the possibilities!

Investor Tools

$22,729Estimated Mortgage Balance
$125,271Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$101,806
Rent-to-Value Ratio: 0.72%
Rent Estimate
$888 /month
Positive
Cash Flow Estimate:
$296 /month

Interested in this property?

Andrew Forman

ERA Courtyard Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,072
$108,193
2025
$5,400
$102,793
$108,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,072
$108,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Fha
$48,200
Yes
First
Aug 22, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,729
$125,271
84%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
10.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Amarillo

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1002 N Buchanan St | Property Details | No Agent List