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B+
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Days55Days on Market
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$675,000

102 DOLPHIN Terrace, Amarillo, TX, 79118

$775,374 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$425.06 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Dishwasher, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool
Lot Size10,890 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-044-3900-6020
Lot Number2
SubdivisionLake Tanglewood
Land UseResidential
Legal DescriptionLAKE TANGLEWOOD, LOT 002, BLK 0017, 0.2500 ACRES
Census Tract021702
Assessed Land Value$160,000
Assessed Improvement Value$335,281
Assessment Year2025

About this property

Waterfront living at Lake Tanglewood! Whether you're looking for a weekend escape, second home, or everyday lake life, this beautifully updated 2 bedroom, 2 bath property is move-in ready. Spacious living area with wood-burning fireplace and patio overlooking the water, perfect for relaxing or entertaining. Recent updates include fresh interior paint, new flooring throughout, and updated lighting and fixtures. Enclosed pull-through garage adds convenience and versatility. Enjoy a fenced yard, private boat dock, and new boat lift with easy access to the lake. This private community features an 18-hole golf course, church, fire department, café, abundant wildlife, tennis and basketball courts, and event center. Start the summer off right at the lake!

Investor Tools

Property Icon
$692,000
Estimated Property Value
$0Estimated Mortgage Balance
$442,210Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$775,374
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Alexis Baer

Moreland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,401
$495,281
2025
$160,000
$335,281
$495,281
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,401
$495,281

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Fha
$263,430
Yes
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,790
$442,210
63%
36%
$1,580/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,805/mo
$-265/mo
2.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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102 DOLPHIN Terrace | Property Details | No Agent List