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$199,999

1503 S FANNIN, Amarillo, TX, 79102

$226,514 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.87 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Oven, Range, Dishwasher, Gas Water Heater

Exterior

Private PoolPrivate Pool
Lot Size7,405 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-005-0100-4585
SubdivisionBivins Estates
Land UseResidential
Legal DescriptionBIVINS ESTATES, BLK 0041, S/2 OF 23 & ALL OF 22
Census Tract011500
Assessed Land Value$19,379
Assessed Improvement Value$175,273
Assessment Year2025

About this property

Perfect starter home in the beloved Bivins Neighbourhood! Original hardwood flooring throughout, spacious kitchen, dining, living and laundry areas. Large backyard with a spacious outdoor covered area.

Investor Tools

$154,383Estimated Mortgage Balance
$40,269Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$226,514
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Ariel Fike

RockOne Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,919
$194,652
2025
$19,379
$175,273
$194,652
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,919
$194,652

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank Southwest
Commercial
$166,875
No
First
May 20, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,383
$40,269
20%
79%
$1,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$1,001/mo
$-29/mo
6.0%

City: Amarillo