$152,500
1412 N Roosevelt St, Amarillo, TX, 79107
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Water Heater
Exterior
Lot Size6,970 sqft
Building Information
Year Built1952
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-022-3600-0760
Lot Number5
SubdivisionForest Hill Park
Land UseResidential
Legal DescriptionFOREST HILL PARK, LOT 005, BLK 0006
Census Tract015000
Assessed Land Value$5,000
Assessed Improvement Value$137,933
Assessment Year2025
About this property
Freshly updated 3-bedroom, 2-bath home with 1-car garage! This move in ready property features fresh interior paint, granite countertop in the kitchen, and beautiful new French doors leading to the patio. Major updates include a new roof installed in November 2025, plus water lines under the house and electrical replaced in 2023. A great blend of modern updates and comfort - come see it today!
Investor Tools
$48,660Estimated Mortgage Balance
$94,273Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$915 /month
Positive
Cash Flow Estimate:
$305 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,488
$142,933
2025
$5,000
$137,933
$142,933
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,488
$142,933
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sunborn Brothers Llc
Commercial
$51,850
No
First
Jan 6, 2023
Feb 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,660
$94,273
65%
34%
$311/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$311/mo
+$1,011/mo
11.1%
