$192,000
1307 Wheatstraw Rd, Amarillo, TX, 79118
$199,158 ARV
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size1.27 acres
Building Information
Year Built1998
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-035-1900-0230
Lot Number5
SubdivisionGreen Acre Farms # 1
Land UseResidential
Legal DescriptionGREEN ACRE FARMS # 1, LOT 005, BLK 0002, 1.2700 ACRES MANUFACTURER: 1998 GREENHILL SERIAL NUMBER: TXFLW84A15046GH12 SERIAL NU
Census Tract021706
Assessed Land Value$23,000
Assessed Improvement Value$155,974
Assessment Year2025
About this property
This 3-bedroom, 2-bath double wide sits on 1.27 acres and offers a spacious layout with plenty of natural room to live comfortably. The home features newer insulated siding, roof, and windows (per seller), giving you added efficiency and peace of mind. Outside, you'll love the open space, carport for covered parking, and a storage shed for tools, toys, or extra storage. With tons of room inside and out, this property is perfect for anyone looking for space, flexibility, and a laid-back lifestyle.
Investor Tools
$0Estimated Mortgage Balance
$178,974Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$199,157
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,157
$178,974
2025
$23,000
$155,974
$178,974
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,157
$178,974
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,974
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
N/A
+$1,540/mo
10.3%
