$460,000
NAL Estimated Property Value116 Dewey Ave, Amarillo, TX, 79124
$598,000 ARV
Recently Sold
8/03/26
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Cooktop
Exterior
Lot Size4,356 sqft
Building Information
Year Built1967
Stories1
Roof Type127
Garage Spaces2
Land Information
APNR-086-0750-1000
Lot Number1
SubdivisionWalnut Hills # 1
Land UseResidential
Legal DescriptionWALNUT HILLS # 1, LOT 001, BLK 0012
Census Tract013300
Assessed Land Value$15,708
Assessed Improvement Value$360,128
Assessment Year2025
About this property
A spacious two story home just over the bridge in Walnut Hills, set along a beautiful creek. This 4 bedroom, 2.5 bath property features a stunning outdoor space, a large family room with incredible views, and a versatile upstairs playroom. Additional highlights include a generous office and a well-sized laundry room, offering both comfort and functionality in a peaceful, scenic setting. Perfect for entertaining or relaxing, this home blends natural beauty with everyday convenience.
Investor Tools
$460,000
Estimated Property Value
$90,274Estimated Mortgage Balance
$369,957Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$598,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,789 /month
Positive
Cash Flow Estimate:
$930 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,341
$375,836
2025
$15,708
$360,128
$375,836
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,341
$375,836
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Stand Alone Second / Subordinate Position
$40,000
No
First
Apr 21, 2023
Apr 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,274
$285,562
75%
20%
$658/mo
