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$362,000

NAL Estimated Property Value

111 RACINE Trail, Amarillo, TX, 79108

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,321 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.26 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Range, Dishwasher, Microwave, Gas Water Heater

Exterior

Lot Size10,890 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-065-3850-9450
SubdivisionRolling Hills # 3
Land UseResidential
Legal DescriptionROLLING HILLS # 3, BLK 0026, E 75FT OF W 80FT OF 15, 0.4500 ACRES
Census Tract013400
Assessed Land Value$6,400
Assessed Improvement Value$270,960
Assessment Year2025

About this property

Lovely custom-built 4-bedroom, 2-bath home on 1.8 acres in the quiet Rolling Hills neighborhood. Completely fenced and situated in peaceful surroundings, this charming home features spacious living areas, beautiful windows, tall ceilings, and laminate flooring throughout most living spaces. Numerous recent updates make it truly move-in ready. The generous living room flows seamlessly into a bright sunroom featuring a large picture window -- perfect for gatherings and relaxing with family. The lovely primary bedroom includes an updated ensuite bath with a double vanity and a walk-in closet. Home chefs will appreciate the large kitchen, which offers excellent storage, granite countertops, and a stylish new backsplash. Outdoors, enjoy a patio area and a small fenced-in backyard that gives added privacy. There is a storm closet (FEMA specs.) inside the home, and the garage is oversized and wired for a 30-amp generator. Don't wait to make this amazing home yours! More updates and amenities are listed below! New compressor in 2018 Updated casement windows 2019 Custom Hunter Douglas Blinds (some are blackout blinds) 2019 New Class IV roof 2020 Siding, facia, soffits (for maintenance-free), and gutters for 2020 New wood fence 2020, re-stained in 2024 Updated master bath 2023 New central heater 2023 Updated kitchen (granite counter tops, back splash, sink, disposal, under counter lights) 2025 Sprinkler system in back yard only Vanguard security system Approximately 30 min. to Pantex

Investor Tools

Property Icon
$362,000
Estimated Property Value
$712,626Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,371
$277,360
2025
$6,400
$270,960
$277,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,371
$277,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flat Branch Home Loans Inc
Unknown
$358,388
No
First
Jan 12, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$712,626
N/A
0%
197%
$4,298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$4,298/mo
$-2,668/mo
5.4%

Learn About the Market: Opportunity in Texas

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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.

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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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111 RACINE Trail | Property Details | No Agent List