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$371,000

NAL Estimated Property Value

12360 S Georgia St, Amarillo, TX, 79118

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.18 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater

Exterior

Lot Size7.50 acres

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-704-0010-1500
SubdivisionSect 1 J Pointevent
Land UseResidential
Legal DescriptionSECT 1 J POINTEVENT BLK 2, 7.5 AC TR BEG 666.02FT S OF NE COR OF SECT, 7.5000 ACRES
Census Tract021706
Assessed Land Value$26,750
Assessed Improvement Value$160,326
Assessment Year2025

About this property

Looking for Horse property? Check out this 2 bed, 1 bath home situated on 7.5 fenced acres with space GALORE. 25x50 open metal barn ideal for feed storage & trailer or RV parking. Ready for horses with a 15x50 shed row with 4 horse stalls & pipe runs, & 35x60 turn-out pipe pen. Wooden barn perfect for storage. Plenty of space to add to!! The house has beautiful flooring, 2 beds, 1 bath, large laundry room and storm shelter. Enjoy the concrete patio with a fence backyard. 2 car detached garage with a carport.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$324,975Estimated Mortgage Balance
$46,025Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,292
$187,076
2025
$26,750
$160,326
$187,076
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,292
$187,076

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$350,000
Yes
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,975
$46,025
12%
88%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,130/mo
$2,099/mo
$-969/mo
3.7%

City: Amarillo

12360 S Georgia St | Property Details | No Agent List