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$226,426

NAL Estimated Property Value

1529 Lullwater Rd, Amarillo, TX, 79118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,476 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.59 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Dishwasher, Microwave, Gas Water Heater

Exterior

Lot Size5,750 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN000000299456
Lot Number80
SubdivisionSouth Georgia Place # 38
Land UseResidential
Legal DescriptionSOUTH GEORGIA PLACE # 38, LOT 080, BLK 0010, 0.1320 ACRES
Census Tract022001
Assessed Land Value$25,000
Assessed Improvement Value$201,426
Assessment Year2025

About this property

Located in the desirable Canyon School district. Welcome to this newer construction home built In 2023, located in The Meadows. This home welcomes you with instant curb appeal, 3 bedrooms, 2 bathrooms and an open concept that is perfect for entertaining your friends and raising your family. As you step inside, you're greeted with an open concept living room with 11 ft ceilings, stylish cabinets in the kitchen, granite countertops and a large kitchen island for your latest Charcuterie Board creation. This quality newer home is complete with a two-car garage, a prmary walk-in closet, and a front and back yard with covered patios. No FHA offers until 4/6/2026. Call today for your private showing!

Investor Tools

Property Icon
$226,426
Estimated Property Value
$229,844Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,431 /month
Positive
Cash Flow Estimate:
$477 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,556
$226,426
2025
$25,000
$201,426
$226,426
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,556
$226,426

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Unknown
$9,230
No
First
Jan 31, 2024
Jan 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,844
N/A
0%
102%
$1,440/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,440/mo
+$100/mo
8.2%

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.

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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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1529 Lullwater Rd | Property Details | No Agent List