Last 24 Hours
$59,000
1209 SW 9th Avenue, Amarillo, TX, 79101
$76,700 ARV
On Market
3 Beds
2 Bath
1,292 Sq Ft
Single Family Residence
$45.67 / sqft
Built in 1927Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Floor/WallAppliancesGas Water Heater
Exterior
Lot Size6,970 sqft
Building Information
Year Built1927
Stories1
Roof Type105
Land Information
APNR-044-7600-1750
Lot Number8
SubdivisionMadden Addn
Land UseResidential
Legal DescriptionMADDEN ADDN, LOT 008, BLK 0002
Census Tract011500
Assessed Land Value$4,500
Assessed Improvement Value$84,262
Assessment Year2025
About this property
Attention investors! Here is your next project: a promising and spacious 3-bedroom, 2-bathroom home. While this property needs some work, it is a blank canvas for visionary investor to bring it to its full potential. With convenient access to downtown and I-40, you do not want to miss out on this deal. Cash or conventional only. Property to be sold as is. Agent related to owner.
Investor Tools
$0Estimated Mortgage Balance
$122,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$76,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$732 /month
Positive
Cash Flow Estimate:
$244 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,687
$88,762
2025
$4,500
$84,262
$88,762
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,687
$88,762
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$122,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
N/A
+$972/mo
9.6%
12.4%