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$262,090

NAL Estimated Property Value

1215 S MILAM Street, Amarillo, TX, 79102

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,743 Sq Ft
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Refrigerator

Exterior

Lot Size8,276 sqft

Building Information

Year Built1950
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR-005-0100-3260
SubdivisionBivins Estates
Land UseResidential
Legal DescriptionBIVINS ESTATES, BLK 0029, S/2 OF 24 & ALL OF 23
Census Tract011500
Assessed Land Value$21,937
Assessed Improvement Value$240,153
Assessment Year2025

About this property

A GEM right in the heart of Bivins! This is a 4 bedroom, 2 bath home with dining area in back of main living room and an eat in kitchen. Beautiful refinished hardwood floors. Walking distance to elementary school. Newer insulation in attic, solar fan on roof and newer windows will help with utility bills. New Class 4 roof in 2026. Great 8x10 storage building in back yard. Stove and Refrigerator provided. There is a rear house that is a separate rental, the carport and driveway leading to the carport are rented with the rear house. The garage and the driveway leading to the garage are rented with the main house. Each house has its own separate yard. Call today for your showing!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,316
$262,090
2025
$21,937
$240,153
$262,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,316
$262,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$144,000
No
First
Apr 19, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,992
$132,098
50%
50%
$864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$864/mo
+$458/mo
6.1%

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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1215 S MILAM Street | Property Details | No Agent List