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A+
NoAgentList RatingHow are grades calculated? Info
Days85Days on Market
Views1view
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$464,900

116 Dewey Avenue, Amarillo, TX, 79124

$604,370 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,387 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.26 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
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

Property Icon
$375,836
Estimated Property Value
$0Estimated Mortgage Balance
$285,562Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$604,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,789 /month
Positive
Cash Flow Estimate:
$930 /month

Interested in this property?

David Smith

Moreland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/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%
24%
$658/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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116 Dewey Avenue | Property Details | No Agent List