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$1,050,000

108 CAPROCK Lane, Amarillo, TX, 79118

$1,324,896 ARVInfo
On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,796 Sq Ft
price_per_sqft$276.61 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Disposal, Refrigerator, Microwave, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size1.05 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-044-3900-6800
Lot Number5
SubdivisionLake Tanglewood
Land UseResidential
Legal DescriptionLAKE TANGLEWOOD, BLK 0045, 4 LESS IRREG 270SF TRI ON S/L & ALL OF LOT 5, 1.0500 ACRES
Census Tract021702
Assessed Land Value$70,000
Assessed Improvement Value$710,483
Assessment Year2025

About this property

Welcome to your private lakefront escape in the trees-an immaculately maintained, well-built home offering comfort, space, and resort-style living on the lake shore of Tanglewood. This expansive 3,796 sq ft main home features 5 bedrooms and 5 bathrooms, with 10-12 ft ceilings and custom cabinetry and trim work throughout. The thoughtfully designed layout includes a spacious primary suite with a large en suite bath and walk-in closet, plus multiple living areas ideal for both relaxing and entertaining. Enjoy lake views year-round from the sunroom overlooking the water, or gather around the fireplace for cozy evenings. The kitchen is fully equipped with KitchenAid appliances. No city property tax and lower insurance rates - hydrant system. Additional highlights include: Fitness/game room with unfinished apartment above. 4-car garage combined. Plantation shutters throughout Newer Class 4 roof (2021) Two HVAC systems and dual 50-gallon water heaters with circulating pump Separate septic systems for main and auxiliary living spaces Step outside to a 24' x 15' covered patio, ideal for outdoor dining, grilling, and entertaining. Lakefront Living at Its Best Situated on a 1.05-acre double lot with 195 feet of lake frontage, this property offers privacy, natural beauty, and ideal orientation with morning sun and evening shade. Mature trees and canyon positioning provide excellent wind protection. The property also includes: Zoned sprinkler system covering most of the acreage Easy access near the front gate Quiet dead-end lane location Resort-Style Community Amenities Located near the community center and recreation areas, residents enjoy access to: 18-hole golf course Restaurant and clubhouse Tennis, pickleball, and basketball courts ATV trails, park, and playground Russell Activity Center Perks (Optional Conveyance) Patio furniture with fire table Pontoon boat, canoe, and jon boat Polaris Ranger and two golf carts

Investor Tools

$279,338Estimated Mortgage Balance
$664,662Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,324,895
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

Interested in this property?

Andrew Glenn

Coldwell Banker First Equity

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,168/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,291
$780,483
2025
$70,000
$710,483
$780,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,291
$780,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Credit Line (Revolving) / Heloc
$286,100
No
First
Jan 16, 2025
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,338
$664,662
70%
30%
$1,716/mo

City: Amarillo

108 CAPROCK Lane | Property Details | No Agent List