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$93,000

NAL Estimated Property Value

1017 N Woodland St, Amarillo, TX, 79107

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths936 Sq Ft
price_per_sqft$77.99 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size6,970 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APNR-022-5800-4000
Lot Number21
SubdivisionForrest Hill Terr
Land UseResidential
Legal DescriptionFORREST HILL TERR, LOT 021, BLK 0023
Census Tract015000
Assessed Land Value$5,000
Assessed Improvement Value$46,660
Assessment Year2025

About this property

Are you looking for an affordable home with lots of potential? Or are you an investor looking to add another baby to your portfolio? This may be THE ONE for you! This one is a cute home with 3 bedrooms, 1 bath and a large yard and vinyl windows in Martin Road area. Great location- Walking distance to Gene Howe park. This price easily applies to the 1% rule to help you generate enough income to cover costs and create profit, leading to positive cash flow. Typical rent is $949. This home can be sold to a homebuyer that wishes to occupy the property ..but if it rents first then the tenant will come with the sale of the home.

Investor Tools

Property Icon
$93,000
Estimated Property Value
$82,321Estimated Mortgage Balance
$10,679Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$558 /month
Positive
Cash Flow Estimate:
$186 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,333
$51,660
2025
$5,000
$46,660
$51,660
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,333
$51,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valley Bank Of Commerce
Open End Mortgage / Open End With Future Advance Clause
$82,800
No
First
Jan 16, 2026
Jan 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,321
$10,679
11%
89%
$497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$497/mo
+$475/mo
12.5%

City: Amarillo

1017 N Woodland St | Property Details | No Agent List