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$99,000

1413 S Ong St, Amarillo, TX, 79102

PendingInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,000 Sq Ft
Multi FamilyMulti Family
price_per_sqft$99 / sqft
Year BuiltBuilt in 1922

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size3,920 sqft

Building Information

Year Built1922
Stories1
Roof Type105

Land Information

APNR-039-3500-0330
SubdivisionHughes Addn
Land UseResidential
Legal DescriptionHUGHES ADDN, BLK 0093, N 26.73FT OF 8 & S 23.27FT OF 9
Census Tract011500
Assessed Land Value$4,500
Assessed Improvement Value$98,363
Assessment Year2025

About this property

House with an income producing backhouse! This home is perfect for any investor or anyone wanting to occupy one unit and rent out the other. Don't miss out on this opportunity.

Investor Tools

$798,169Estimated Mortgage Balance
$109,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,975
$102,863
2025
$4,500
$98,363
$102,863
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,975
$102,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Commercial
$84,000
No
First
Nov 17, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$798,169
N/A
0%
732%
$4,865/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$4,865/mo
$-3,893/mo
10.7%

City: Amarillo

1413 S Ong St | Property Details | No Agent List