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$224,000

1315 La Paloma St, Amarillo, TX, 79106

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,526 Sq Ft
price_per_sqft$146.79 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,405 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-065-3100-0410
Lot Number16
SubdivisionRigdon Sub # 1
Land UseResidential
Legal DescriptionRIGDON SUB # 1, LOT 016, BLK 0004
Census Tract011800
Assessed Land Value$9,000
Assessed Improvement Value$182,924
Assessment Year2025

About this property

Welcome home to this updated and spacious 3 bedroom, 2 bath property offering comfort, functionality, and plenty of storage throughout. Great layout provides generous living spaces, while the updated bathrooms add a fresh, modern touch. You'll appreciate the abundant storage! NEW HVAC (2025)! The seller is offering $2,500 to the buyer to use however they choose--toward closing costs, updates, rate buy-downs, or other expenses. Don't miss this opportunity to make this move-in-ready home your own!

Investor Tools

$102,223Estimated Mortgage Balance
$95,777Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

Interested in this property?

Lauren Lusk

Lyons Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,478
$191,924
2025
$9,000
$182,924
$191,924
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,478
$191,924

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$112,800
No
First
Jul 7, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,223
$95,777
48%
52%
$677/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$677/mo
+$645/mo
8.0%

City: Amarillo

1315 La Paloma St | Property Details | No Agent List