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$369,500

1526 Montaluse Rd, Amarillo, TX, 79118

$398,829 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,700 Sq Ft
price_per_sqft$136.85 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size13,765 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN000000299429
Lot Number53
SubdivisionSouth Georgia Place # 38
Land UseResidential
Legal DescriptionSOUTH GEORGIA PLACE # 38, LOT 053, BLK 0010, 0.3156 ACRES
Census Tract022001
Assessed Land Value$25,000
Assessed Improvement Value$347,138
Assessment Year2025

About this property

Comparing newer homes & hoping for a little more room? This one deserves a look! Built in 2022 on a cul-de-sac in South Amarillo. This 4bed, 3bath home also includes a dedicated OFFICE space and a flex room. High ceilings & open layout make the large living room feel bigger than the square footage suggests. The kitchen has DOUBLE OVENS, a large granite island w/bar-top seating, and a HUGE pantry with additional countertop space. An RO filtration system & water softener are already in place. Outside, the covered patios, spacious backyard, and dedicated dog run (or garden area) make it easy to enjoy cool Panhandle evenings, and the east-facing back patio keeps you out of the direct evening sun. Some homes give you more square footage... This one gives you more room where it matters!

Investor Tools

$255,578Estimated Mortgage Balance
$130,329Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$398,828
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Randy Astle

INROOTE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,593
$372,138
2025
$25,000
$347,138
$372,138
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,593
$372,138

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Mortgage Corp
Va
$273,298
Yes
First
Dec 30, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,578
$122,422
32%
66%
$1,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,639/mo
+$151/mo
5.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Amarillo

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1526 Montaluse Rd | Property Details | No Agent List