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$178,000

NAL Estimated Property Value

1515 N FOREST Street, Amarillo, TX, 79106

$231,400 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,568 Sq Ft
price_per_sqft$109.69 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesRefrigerator, Oven, Cooktop

Exterior

Lot Size29,621 sqft

Building Information

Year Built2000
Stories1
Roof Type105

Land Information

APNR-086-1460-1022
Lot Number13A
SubdivisionWest Ama Ind Pk # 12
Land UseResidential
Legal DescriptionWEST AMA IND PK # 12, LOT 13A, BLK 0006, 0.6800 ACRES MANUFACTURER: 2000 CLAYTON SERIAL NUMBER: CSS002946TXA SERIAL NUMBER: H
Census Tract015300
Assessed Land Value$29,621
Assessed Improvement Value$131,252
Assessment Year2025

About this property

Beautiful & Spacious 4-Bedroom Home with $5,000 Seller Concessions! Welcome home to this cozy yet spacious 4 bedroom, 2 bath property located in a quiet and peaceful neighborhood with endless potential. This home offers a 3-car carport, a storage shed in the backyard, and plenty of space for comfortable living. Step inside to find fresh new paint, updated light fixtures throughout, and new vinyl flooring in the bathrooms. The kitchen features new laminate flooring and a beautiful island, making it the perfect spot for cooking, gathering, and spending time with family. The primary bathroom has been updated with a new gravity vanity, and the home offers generous closet space throughout. Major updates include a water heater replaced in 2021 for added peace of mind.

Investor Tools

Property Icon
$178,000
Estimated Property Value
$107,424Estimated Mortgage Balance
$70,576Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$231,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,505
$160,873
2025
$29,621
$131,252
$160,873
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,505
$160,873

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Fha
$117,415
Yes
First
Nov 18, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,424
$70,576
39%
60%
$704/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$704/mo
+$838/mo
10.4%

City: Amarillo

1515 N FOREST Street | Property Details | No Agent List