$276,468
NAL Estimated Property Value1005 Riesling Way, Amarillo, TX, 79124
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesRange
Exterior
Lot Size8,276 sqft
Building Information
Year Built2019
Stories1
Roof Type125
Garage Spaces2
Land Information
APNR-086-0550-0920
Lot Number45
SubdivisionThe Vineyards # 5
Land UseResidential
Legal DescriptionTHE VINEYARDS # 5, LOT 045, BLK 0009, 0.1900 ACRES
Census Tract013400
Assessed Land Value$30,000
Assessed Improvement Value$246,468
Assessment Year2025
About this property
Tucked into a peaceful cul-de-sac, this 3 bed, 3 bath traditional home offers views, privacy, and charm. The open-concept interior features stone-accented walls, vaulted ceilings, and French doors that bathe the home in natural light. Enjoy a secluded master suite, spacious kitchen with rich cabinetry, and a cozy living area perfect for entertaining. Step outside to a lush backyard with a built-in fire pit, stone path, and covered patio—ideal for relaxing evenings overlooking downtown Amarillo.
Investor Tools
$276,468
Estimated Property Value
$541,970Estimated Mortgage Balance
$276,468Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,880
$276,468
2025
$30,000
$246,468
$276,468
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,880
$276,468
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Mortgage Corp
Fha
$272,964
Yes
First
Dec 19, 2025
Jan 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$541,970
N/A
0%
196%
$3,274/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$3,274/mo
$-1,734/mo
6.7%
