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$285,622

NAL Estimated Property Value

1438 Riesling Way, Amarillo, TX, 79124

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,561 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.7 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Dishwasher, Microwave

Exterior

Lot Size7,841 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-086-0550-1145
Lot Number51
SubdivisionThe Vineyards # 6
Land UseResidential
Legal DescriptionTHE VINEYARDS # 6, LOT 051, BLK 0007, 0.1800 ACRES
Census Tract013400
Assessed Land Value$30,000
Assessed Improvement Value$255,622
Assessment Year2025

About this property

🏡 Move-In Ready Gem in The Vineyards - ASSUMABLE VA LOAN WITH A LOW 4.125% RATE! Why wait to build when you can move into this nearly new 2022-built beauty in The Vineyards? This 3-bedroom, 2-bath home offers an open floor plan perfect for modern living, complete with a 2-car garage and handicap-accessible primary bath designed with comfort and functionality in mind. Enjoy low-maintenance living with a full sprinkler system and tasteful upgrades throughout. The heart of the home flows effortlessly, making entertaining easy and everyday life feel spacious and bright. 💰 A rare opportunity to save thousands.: Take advantage of an assumable VA loan with a low interest rate—

Investor Tools

Property Icon
$285,622
Estimated Property Value
$466,700Estimated Mortgage Balance
$285,622Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,714 /month
Positive
Cash Flow Estimate:
$571 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$534
$285,622
2025
$30,000
$255,622
$285,622
No

Tax History

Year
Tax Paid
Assessed Value
2024
$534
$285,622

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Unknown
$234,025
No
First
Mar 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,700
N/A
0%
163%
$2,808/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$2,808/mo
$-1,268/mo
6.5%

City: Amarillo

1438 Riesling Way | Property Details | No Agent List