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$669,500

12951 Wandering Rd, Amarillo, TX, 79118

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,773 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.44 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesWasher/Dryer, Oven, Range, Cooktop, Microwave, Refrigerator, Ice Maker, Gas Water Heater

Exterior

Exterior FeaturesDog Run
Lot Size1.03 acres

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR-065-3280-7680
Lot Number14
SubdivisionRiver Falls # 34
Land UseResidential
Legal DescriptionRIVER FALLS # 34, LOT 014, BLK 0002, 1.0300 ACRES
Census Tract021702
Assessed Land Value$40,000
Assessed Improvement Value$597,084
Assessment Year2025

About this property

Nestled in the desirable River Falls area, this beautifully built home offers the perfect blend of comfort, space, and wide-open views. In addition to the 4 Bedrooms and upstairs room, the home features a spacious 3-car attached garage plus a large detached barn/shop, ideal for hobbies, storage, and projects. Step outside to the expansive patio where you can unwind by the outdoor fireplace and take in the wonderful Texas sunsets and sweeping views. Inside, you'll find an inviting open-concept layout designed for both everyday living and entertaining. The primary suite is a true retreat, with an incredible master bath designed for relaxation. With room to roam, stunning views, and thoughtfully designed living spaces, this River Falls property offers the lifestyle you've been looking for.

Investor Tools

Property Icon
$663,000
Estimated Property Value
$0Estimated Mortgage Balance
$663,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,017 /month
Positive
Cash Flow Estimate:
$1,339 /month

Interested in this property?

David Smith

Moreland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$878/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,221
$637,084
2025
$40,000
$597,084
$637,084
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,221
$637,084

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$663,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,600/mo
+$190/mo
3.2%

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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12951 Wandering Rd | Property Details | No Agent List