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$714,000

NAL Estimated Property Value

11491 Johns Way Blvd, Amarillo, TX, 79118

$717,566 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,969 Sq Ft
price_per_sqft$262.34 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Cooktop, Dishwasher

Exterior

Lot Size5.13 acres

Building Information

Year Built2022
Stories1
Garage Spaces3

Land Information

APNR-200-1140-0068
Lot Number1
Land UseResidential
Legal DescriptionSECT 114 A B & M BLK 0002, IRREG 5.13 AC TR BEG 2667.70 FT W & 388.32 FT S OF NW COR OF LOT 1 BLK 2 RIVER FALLS # 38, 5.1300
Census Tract021702
Assessed Land Value$56,300
Assessed Improvement Value$572,617
Assessment Year2025

About this property

Fabulously Updated 5/3/3 Home w/30X40 SHOP on 5.13 Acres in River Falls! Cozy up in this Huge Living Rm w/woodburning Stone Fireplace accented with a Barn Beam as the mantle! Completely remodeled Kitchen w/new stove top, huge pantry & breakfast nook! Entire house repainted, porcelain wood-look tile, new carpet in bedrooms! Gorgeous ceilings! Formal Dining! Huge Primary Bedrm Ensuite w/soaking tub & walk-in shower, 2 vanities & 2 closets! Mother-In-Law Wing w/full bath! 2nd bedrm off entry is also great as an office! All tubs are tiled! Concrete drive was added w/the new steel beam Shop, spray foam, plumbing, electrical, epoxy floor! New landscaping including trees, sprinklers front & back! New pipe fencing, split rail fence & electronic gate for privacy! Enjoy the River Falls amenities!

Investor Tools

Property Icon
$714,000
Estimated Property Value
$360,935Estimated Mortgage Balance
$353,065Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$717,565
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,673 /month
Positive
Cash Flow Estimate:
$1,558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,263
$628,917
2025
$56,300
$572,617
$628,917
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,263
$628,917

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$380,000
No
First
Aug 31, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,935
$353,065
49%
51%
$2,279/mo

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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11491 Johns Way Blvd | Property Details | No Agent List