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$362,000

NAL Estimated Property Value

11221 Andretti Dr, Amarillo, TX, 79118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.65 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Refrigerator, Electric Water Heater

Exterior

Lot Size1.08 acres

Building Information

Year Built2020
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR-035-1150-0001
Lot Number1
SubdivisionGrand Prix Estates # 1
Land UseResidential
Legal DescriptionGRAND PRIX ESTATES # 1, LOT 001, BLK 0001, 1.0800 ACRES
Census Tract022002
Assessed Land Value$60,000
Assessed Improvement Value$293,487
Assessment Year2025

About this property

This extremely well-built and meticulously maintained home sits on a full acre of land, offering the perfect setting for those seeking peace and quiet or room to build a shop or additional structures. Inside, you will find a spacious, open concept kitchen and living area that's ideal for entertaining and everyday comfort. The kitchen features a distinctive range in black stainless steel, a Samsung dishwasher, and a Samsung refrigerator. The home offers three bedrooms, each with generous walk-in closets. The primary suite includes a walk-in shower and ample cabinetry. The laundry room is both functional and stylish, featuring a stainless steel sink and extensive cabinet storage. This property is a rare find of quality construction and peaceful living at its finest.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$240,967Estimated Mortgage Balance
$121,033Estimated Equity
33% 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
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,428
$353,487
2025
$60,000
$293,487
$353,487
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,428
$353,487

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$196,000
No
First
Sep 8, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,967
$121,033
33%
67%
$1,578/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,578/mo
$-38/mo
5.1%

City: Amarillo

11221 Andretti Dr | Property Details | No Agent List