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$125,000

1114 Parr St, Amarillo, TX, 79106

$162,500 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size8,276 sqft

Building Information

Year Built1958
Stories1
Roof Type105

Land Information

APNR-073-2000-0850
Lot Number13
SubdivisionStreet Sub Of Blk 9 Barnes Highlands
Land UseResidential
Legal DescriptionSTREET SUB OF BLK 9 BARNES HIGHLANDS, LOT 013, BLK 000A
Census Tract011800
Assessed Land Value$9,000
Assessed Improvement Value$142,479
Assessment Year2025

About this property

Seller says, ''Bring an offer!'' Incredible Potential in a Prime Location! Welcome to 1114 Parr St. where opportunity is knocking on the door of this spacious home that's bursting with potential! This charming home offers two living areas, four bedrooms, and three bathrooms, with flex space that could be utilized as a 5th bedroom or office, making it the perfect canvas to create your dream home. Some renovations have already been started, giving you a head start to bring your vision to life with your personal finishing touches. Step inside to find an abundance of space that provides flexibility for large or small families and a large fenced backyard with room for a garden, play space, or outdoor living area. For an additional space, there's an outbuilding with electricity. Located in an established neighborhood with easy access to schools, parks, shopping, dining, and medical facilities, that combines a fantastic location with a property that's primed for transformation. Whether you're a first-time buyer looking for a project, an investor, or someone looking to build equity while making it the home of your dreams, here's your chance. With so much potential, don't miss this opportunity to bring your creative ideas to life!

Investor Tools

$189,383Estimated Mortgage Balance
$8,617Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

Interested in this property?

James Land

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,711
$151,479
2025
$9,000
$142,479
$151,479
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,711
$151,479

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Fha
$190,486
Yes
First
Jan 29, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,383
$8,617
4%
96%
$1,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$1,143/mo
+$399/mo
9.3%

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.

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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1114 Parr St | Property Details | No Agent List