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$257,000

NAL Estimated Property Value

12000 T O Rd, Amarillo, TX, 79118-8038

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,944 Sq Ft
price_per_sqft$128.6 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher

Exterior

Lot Size42,689 sqft

Building Information

Year Built1996
Stories1
Roof Type105

Land Information

APNR-065-2160-0405
SubdivisionRichland Acres # 2
Land UseResidential
Legal DescriptionRICHLAND ACRES # 2, BLK 0009, E 232.11FT OF 53, 0.9800 ACRES
Census Tract021702
Assessed Land Value$12,500
Assessed Improvement Value$215,229
Assessment Year2025

About this property

Welcome to Richland Acres where this 3-bedroom, 2-bathroom home sits on an acre of land. From the moment you step inside you will notice the modern finishes, granite countertops, and two cozy fireplaces - including one in the primary bedroom. As you step outside to the backyard, you'll notice the outdoor fireplace for the cool Texas evenings! The property includes a large shop, ideal for projects or extra storage.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$265,215Estimated Mortgage Balance
$257,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,238
$227,729
2025
$12,500
$215,229
$227,729
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,238
$227,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Va
$267,547
Yes
First
Nov 6, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,215
N/A
0%
103%
$1,605/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,605/mo
$-65/mo
7.2%

City: Amarillo

12000 T O Rd | Property Details | No Agent List