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$382,000

NAL Estimated Property Value

1221 S Rusk St, Amarillo, TX, 79102

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,686 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.34 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Range, Dishwasher, Microwave, Gas Water Heater

Exterior

Lot Size8,276 sqft

Building Information

Year Built1948
Stories2
Roof Type127
Garage Spaces2

Land Information

APNR-005-0100-3510
Lot Number21
SubdivisionBivins Estates
Land UseResidential
Legal DescriptionBIVINS ESTATES, LOT 021, BLK 0031
Census Tract011500
Assessed Land Value$14,625
Assessed Improvement Value$275,803
Assessment Year2025

About this property

NEW CLASS 4 COMPOSITION ROOF! Welcome to a timeless treasure! This beautifully maintained 2-story classic home blends vintage elegance with thoughtful updates. The rich hardwood floors and gas fireplaces create a cottage-like feel. The bright and cheery updated kitchen features a 5-burner gas stove with 2 dining areas for entertaining. The layout features two spacious primary bedrooms-one on the main level and one upstairs-and 2 additional bedrooms, offering flexible living options. The fully updated bathrooms are true standouts, where craftsmanship shines in every detail. Step outside to the backyard oasis with mature trees, blooming flowers, and room to relax and entertain. The detatched garage includes additional space for storage, a studio, or possibly convert back into an apartment.

Investor Tools

Property Icon
$382,000
Estimated Property Value
$376,387Estimated Mortgage Balance
$5,613Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,446
$290,428
2025
$14,625
$275,803
$290,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,446
$290,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Unknown
$378,026
No
First
Feb 17, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,387
$5,613
1%
99%
$2,267/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$2,267/mo
$-725/mo
4.8%

City: Amarillo

1221 S Rusk St | Property Details | No Agent List