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$152,000

NAL Estimated Property Value

1312 S Lipscomb St, Amarillo, TX, 79102

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.79 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool
Lot Size5,663 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-009-8000-0480
Lot Number12
SubdivisionJohn Dees Addn
Land UseResidential
Legal DescriptionJOHN DEES ADDN, LOT 012, BLK 0003
Census Tract011500
Assessed Land Value$4,500
Assessed Improvement Value$140,908
Assessment Year2025

About this property

Don't miss out on this 3 bedroom, 1.5 bathroom charming little gem in the beloved Bivins neighborhood. With a 1 car attached garage and a long driveway along side 6+ beautifully loved and kept rose bushes. Step inside to the open concept dining and living with a mock fireplace and large picture window. The fresh kitchen with stainless appliances and a cute little window overlooking the sink. That's just the start, you will also find a 2nd living area, plus a sun room & laundry room for ample space & living. All bedrooms are a great size and the large primary bedroom features one walk-in closet as well as a 2nd closet and a half bath. Central heat & air. a plethora of windows & just blocks from the elementary school make this home comfy & convenient. Schedule your private showing today!

Investor Tools

Property Icon
$152,000
Estimated Property Value
$149,577Estimated Mortgage Balance
$2,423Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,007
$145,408
2025
$4,500
$140,908
$145,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,007
$145,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$150,228
Yes
First
Feb 10, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,577
$2,423
1%
98%
$901/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$901/mo
+$421/mo
10.4%

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.

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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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1312 S Lipscomb St | Property Details | No Agent List