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$77,000

108 S Georgia St, Amarillo, TX, 79106

$100,100 ARVInfo
Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.77 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall

Exterior

Exterior FeaturesVinyl Siding
Lot Size6,970 sqft

Building Information

Year Built1945
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-069-1000-2827
Lot Number2
SubdivisionSan Jacinto Heights
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS, LOT 002, BLK 0076
Census Tract015300
Assessed Land Value$6,500
Assessed Improvement Value$72,332
Assessment Year2025

About this property

GREAT INVESTMENT OPPORTUNITY! This home is perfect for anyone looking for a home that is already income producing. There is already an established tenant. May also be perfect for a first time homebuyer. Seller also has 15 other investment properties for sale.

Investor Tools

$772,765Estimated Mortgage Balance
$78,832Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$100,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$473 /month
Positive
Cash Flow Estimate:
$158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,072
$78,832
2025
$6,500
$72,332
$78,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,072
$78,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Commercial
$54,400
No
First
Oct 20, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$772,765
N/A
0%
980%
$4,688/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$4,688/mo
$-3,366/mo
20.1%

City: Amarillo

108 S Georgia St | Property Details | No Agent List