$86,114
NAL Estimated Property Value1504 S Lincoln St, Amarillo, TX, 79101
$111,948 ARV
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesRefrigerator, Range, Dishwasher
Exterior
Lot Size7,405 sqft
Building Information
Year Built1920
Stories1
Roof Type105
Land Information
APNR-065-1000-5512
SubdivisionPlemons
Land UseResidential
Legal DescriptionPLEMONS, BLK 0207, S 50FT OF 1
Census Tract014701
Assessed Land Value$3,750
Assessed Improvement Value$82,364
Assessment Year2025
About this property
Historical house located near downtown Amarillo just blocks from Hodgetown. Close to a variety of dining and live music venues. Original hardwood floors thoughout, newer roof, large utility room, formal dining, and spacious kitchen are just a few features. This home is currently leased for $1050 per month. Great for an investor to step into an income producing property.
Investor Tools
$86,114
Estimated Property Value
$79,928Estimated Mortgage Balance
$6,186Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$111,948
Rent-to-Value Ratio: 0.72%
Rent Estimate
$561 /month
Positive
Cash Flow Estimate:
$187 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,875
$86,114
2025
$3,750
$82,364
$86,114
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,875
$86,114
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$80,750
No
First
Oct 10, 2025
Nov 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,928
$6,186
7%
93%
$485/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$485/mo
+$487/mo
13.5%
