$194,047
NAL Estimated Property Value1324 Se 8th Ave, Amarillo, TX, 79102
$234,633 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesMicrowave, Range, Refrigerator
Exterior
Lot Size10,454 sqft
Building Information
Year Built1927
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-048-0400-3376
SubdivisionMirror's Addn
Land UseResidential
Legal DescriptionMIRROR'S ADDN, BLK 0392, 11 THRU 13, 0.2400 ACRES
Census Tract015400
Assessed Land Value$2,250
Assessed Improvement Value$191,797
Assessment Year2025
About this property
Well maintained updated 3/2 with access to a detached 2 car garage. Fresh carpet and paint throughout. Bathrooms and kitchen have been updated. Located across from Sanborn Elementary. Front yard is fenced. Dogs allowed upon landlords approval. No aggressive breeds allowed. Domestic animals only. Tenant pays all utilities. Front house only is included in this listing and lease.
Investor Tools
$194,047
Estimated Property Value
$126,059Estimated Mortgage Balance
$67,988Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$234,632
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,684
$194,047
2025
$2,250
$191,797
$194,047
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,684
$194,047
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Margarita Lamndin
Commercial
$127,546
No
First
Sep 8, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,059
$67,988
35%
65%
$765/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$765/mo
+$557/mo
8.2%
