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$243,000

1423 NEZ PERCE Trail, Amarillo, TX, 79108

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.13 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Microwave, Refrigerator

Exterior

Lot Size2.84 acres

Building Information

Year Built2016
Stories1
Roof Type105

Land Information

APNR-001-0920-0800
SubdivisionAppaloosa Hills # 1
Land UseResidential
Legal DescriptionAPPALOOSA HILLS # 1, BLK 0003, 53 AND 54, 2.8400 ACRES MANUFACTURER: 2016 CMH SERIAL NUMBER: CSS017385TXA SERIAL NUMBER: HWC0
Census Tract013400
Assessed Land Value$10,000
Assessed Improvement Value$186,408
Assessment Year2025

About this property

Country freedom on 2.84 unrestricted acres! This 4 bedroom, 2 bath home offers two living areas, updates throughout, and a durable metal roof. The property includes a 20x30 shop with electricity and a 50 amp RV hookup, giving you plenty of space for projects, parking, or outdoor living. Enjoy room to spread out with endless possibilities thanks to the unrestricted land.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$0Estimated Mortgage Balance
$148,936Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /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
$1,311
$196,408
2025
$10,000
$186,408
$196,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,311
$196,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vanderbilt Mortgage & Finance Inc
Fha
$119,394
Yes
First
May 13, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,064
$148,936
61%
39%
$716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$716/mo
+$914/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1423 NEZ PERCE Trail | Property Details | No Agent List