$231,000
NAL Estimated Property Value1503 SW 60TH Avenue, Amarillo, TX, 79118
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesRange, Microwave, Dishwasher
Exterior
Exterior FeaturesBrick
Lot Size7,841 sqft
Building Information
Year Built2006
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-073-0563-1155
Lot Number22
SubdivisionSouth Georgia Place # 23
Land UseResidential
Legal DescriptionSOUTH GEORGIA PLACE # 23, LOT 022, BLK 0003, 0.1800 ACRES
Census Tract022001
Assessed Land Value$20,386
Assessed Improvement Value$203,917
Assessment Year2025
About this property
Precious in Foxridge/Pheasant! RUN to see this move-in-ready home tucked away on a quiet cul-de-sac. Enjoy a welcoming living area with a cozy fireplace, dedicated laundry room, and sprinkler systems in both the front and back yards. The isolated primary suite features a whirlpool tub, walk-in shower, double sinks, and a spacious walk-in closet. Granite countertops enhance the kitchen and bathrooms, and the roof was replaced in 2024. A great combination of comfort, convenience, and value!
Investor Tools
$231,000
Estimated Property Value
$214,012Estimated Mortgage Balance
$16,988Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,298
$224,303
2025
$20,386
$203,917
$224,303
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,298
$224,303
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Fha
$220,924
Yes
First
Sep 6, 2024
Oct 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,012
$16,988
7%
93%
$1,325/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,325/mo
+$215/mo
8.0%
