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$109,000

NAL Estimated Property Value

1204 N Arapahoe St, Amarillo, TX, 79107

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths720 Sq Ft
price_per_sqft$150 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall

Exterior

Exterior FeaturesVinyl Siding
Lot Size6,534 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-8500-4460
Lot Number7
SubdivisionMartin Addn # 6
Land UseResidential
Legal DescriptionMARTIN ADDN # 6, LOT 007, BLK 0043
Census Tract015000
Assessed Land Value$5,300
Assessed Improvement Value$82,339
Assessment Year2025

About this property

Welcome to this inviting 2-bedroom, 1-bath home that combines comfort, functionality, and flexibility. Step inside to find a warm and inviting living area filled with natural light, complemented by tile flooring throughout the home for clean and cohesive feel. The bathroom has been recently updated. Central air and heat. The property comes with a covered carpot for convenient parking and a large finished storage building already equipped with electricity, this space can be used as a garage, workshop, or converted into an efficiency apartment, making it excellent option for additional living space or rental income. The house also comes with a smaller shed for extra storage. Altogether, this property offers comfortable living with valuable features that make it a great place to call home.

Investor Tools

Property Icon
$109,000
Estimated Property Value
$72,785Estimated Mortgage Balance
$36,215Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,700
$87,639
2025
$5,300
$82,339
$87,639
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,700
$87,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bar K&S Investments Llc
Purchase Money Mortgage
$76,500
No
First
Sep 14, 2023
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,785
$36,215
33%
67%
$459/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$459/mo
+$513/mo
10.7%

City: Amarillo

1204 N Arapahoe St | Property Details | No Agent List