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$150,000

1408 N Lincoln St, Amarillo, TX, 79107

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,110 Sq Ft
price_per_sqft$135.14 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesWasher/Dryer, Range, Microwave

Exterior

Exterior FeaturesVinyl Siding
Lot Size6,970 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-052-6000-3840
Lot Number11
SubdivisionNorth Highlands Sub
Land UseResidential
Legal DescriptionNORTH HIGHLANDS SUB, LOT 011, BLK 0029
Census Tract012800
Assessed Land Value$6,000
Assessed Improvement Value$119,696
Assessment Year2025

About this property

Welcome to a home designed for comfortable living and effortless entertaining! This charming gem offers the ideal layout, featuring a versatile mother-in-law suite perfect for multi-generational living, hosting out-of-town guests, or creating a private home office retreat. Step inside to find an inviting main living area anchored by a beautifully appointed kitchen boasting sleek granite countertops, making daily meal prep and weekend gatherings a total joy. Peace of mind comes standard here, highlighted by a brand-new AC system installed in 2025 to keep you cool and energy-efficient all year long. Love spending time outdoors? Step out back to your private sanctuary, ready for morning coffees, sunset barbecues, and endless outdoor fun. Schedule your private tour today!

Investor Tools

Property Icon
$125,696
Estimated Property Value
$34,200Estimated Mortgage Balance
$92,449Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

Interested in this property?

The Connie Taylor Group

Keller Williams Realty Amarillo

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,758
$125,696
2025
$6,000
$119,696
$125,696
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,758
$125,696

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Access Community Cu
Conventional
$34,200
No
First
Jul 11, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,247
$92,449
73%
26%
$248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$248/mo
+$724/mo
9.3%

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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