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$441,000

NAL Estimated Property Value

12081 Chapman Dr, Amarillo, TX, 79118

$445,000 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.07 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size5 acres

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-044-6250-0800
SubdivisionLehman Sub
Land UseResidential
Legal DescriptionLEHMAN SUB, BLK 0004, ENTIRE BLOCK, 5.0000 ACRES
Census Tract021706
Assessed Land Value$24,000
Assessed Improvement Value$376,113
Assessment Year2025

About this property

5 ACRES. 5 BEDROOMS. 4 BATHS. OFFICE. 2 LIVING AREAS. And WOW—THE UPDATES! Just 4 minutes south of the Loop in West Plains HS district. The kitchen is open to the dining area and main living room, with beautiful granite counters and bar-top seating, a fireplace in the main living area, and French-style doors opening to the sunroom. (sunroom is additional space not included in the square footage total) Multi-generational potential here - plenty of room to add a BARNDO or 2ND RESIDENCE on the acreage. In case all of that’s not enough... There's also a 12’ x 30’ INSULATED & COOLED OUTBUILDING that’s perfect for a HOME GYM, STUDIO, or HOBBY ROOM - just steps from the main home. Oh, and 30-AMP RV hookups already in place. No HOA - No DEED RESTRICTIONS. Horses & livestock welcome. And UPDATES THAT MATTER! - New water well, new pump & pressure tank (2024) - New 5 TON HVAC + enlarged air return (2022) - Updated electrical throughout + breaker box (2022) - Replaced septic tank + extended drainage field (2022) - Replaced sewer line from septic to house (2022) - Replaced gas line (2022) - Many newer windows throughout - Updates in two bathrooms (2022) - Energy efficient Milo attic insulation added (2022) + added exterior eave venting - Added automatic electric attic vents (2022) - Driveway replaced & roadside drainage improved With this much space and this many meaningful upgrades already done, this is a RARE FIND. Your land. Your future. Ready when you are.

Investor Tools

Property Icon
$441,000
Estimated Property Value
$327,307Estimated Mortgage Balance
$113,693Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$445,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,065
$400,113
2025
$24,000
$376,113
$400,113
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,065
$400,113

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$355,750
No
First
Feb 28, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,307
$113,693
25%
74%
$2,133/mo

Learn About the Market: Opportunity in Texas

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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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12081 Chapman Dr | Property Details | No Agent List