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$255,000

NAL Estimated Property Value

11741 Elk Rd, Amarillo, TX, 79118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,454 Sq Ft
price_per_sqft$177.44 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size2.50 acres

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN000000304506
Lot Number13B
SubdivisionPullman Acres # 5
Land UseResidential
Legal DescriptionPULLMAN ACRES # 5, LOT 13B, BLK 0001, 2.5000 ACRES
Census Tract021702
Assessed Land Value$18,500
Assessed Improvement Value$173,537
Assessment Year2025

About this property

Charming Country Living on 2.5 Acres! This well-maintained 3-bedroom, 2-bath home with a shop is truly move-in ready. Situated in a prime location, you'll enjoy peaceful country living with convenient access to major industries on the south, east, and southeast sides of Amarillo. The property offers space, functionality, and flexibility for a variety of lifestyles. Schedule your private tour today and see all this property has to offer!

Investor Tools

Property Icon
$255,000
Estimated Property Value
$201,197Estimated Mortgage Balance
$53,803Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,260
$192,037
2025
$18,500
$173,537
$192,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,260
$192,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premier Mortgage Resources Llc
Conventional
$216,690
No
First
Jul 8, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,197
$53,803
21%
79%
$1,300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,300/mo
+$240/mo
7.2%

City: Amarillo

11741 Elk Rd | Property Details | No Agent List