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$389,900

123 Bayshore Dr, Amarillo, TX, 79118

$506,870 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,729 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.51 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Gas Water Heater

Exterior

Lot Size15,682 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-3900-9520
Lot Number107
SubdivisionLake Tanglewood
Land UseResidential
Legal DescriptionLAKE TANGLEWOOD, LOT 107, BLK 0050, 0.3600 ACRES
Census Tract021702
Assessed Land Value$30,000
Assessed Improvement Value$355,441
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bath home in Lake Tanglewood! Featuring a 2-car garage and a comfortable, functional layout, this home offers an inviting living area, a well-appointed kitchen with ample storage, and a private primary suite with ensuite bath. Enjoy the outdoors with a yard ideal for relaxing or entertaining. This private community features an 18-hole golf course, church, fire department, café, abundant wildlife, tennis and basketball courts, an event center, and even a place to fill your gas tank. Enjoy sunset golf cart rides through one of the most scenic areas in Amarillo.

Investor Tools

Property Icon
$385,441
Estimated Property Value
$287,000Estimated Mortgage Balance
$99,269Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$506,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

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Amarillo Team

RockOne Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$549
$385,441
2025
$30,000
$355,441
$385,441
No

Tax History

Year
Tax Paid
Assessed Value
2024
$549
$385,441

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$287,000
No
First
Mar 13, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,172
$99,269
25%
74%
$1,721/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,987/mo
$-447/mo
4.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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123 Bayshore Dr | Property Details | No Agent List