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$284,825

NAL Estimated Property Value

1108 S Lincoln St, Amarillo, TX, 79101

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$384.85 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size8,276 sqft

Building Information

Year Built1920
Stories1
Roof Type105

Land Information

APNR-065-1000-3076
Lot Number5
SubdivisionPlemons
Land UseResidential
Legal DescriptionPLEMONS, LOT 005, BLK 0146
Census Tract014701
Assessed Land Value$4,469
Assessed Improvement Value$280,356
Assessment Year2025

About this property

Seize this rare chance to own seven income-producing properties situated on two oversized lots, all within walking distance to Downtown Amarillo's vibrant shopping, dining, and the local ballpark! This unique package offers unbeatable potential for investors looking to grow their portfolio in one of Amarillo's most accessible and developing areas. These properties are ideally located for tenants or short-term rental guests seeking proximity to entertainment, restaurants, and downtown attractions. Whether you're looking to rent as-is or explore redevelopment options, the possibilities are endless. Don't miss your chance to invest in the heart of Amarillo! 1108 S Lincoln is a duplex. Each side has 1 bedroom and 1 bathroom. Both sides are currently leased for $700 a month. gas range and fridge. 515 SE 12th is vacant. 2 bedrooms + an office and 1 bathroom. 513 SE 12th is vacant. 2 bedroom and 1 bathroom.

Investor Tools

Property Icon
$284,825
Estimated Property Value
$0Estimated Mortgage Balance
$284,825Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,489
$284,825
2025
$4,469
$280,356
$284,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,489
$284,825

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$284,825
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
N/A
+$972/mo
4.1%

City: Amarillo