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$110,000

1604 Gardenia St, Amarillo, TX, 79107

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths988 Sq Ft
price_per_sqft$111.34 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit

Exterior

Lot Size6,534 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-018-0600-5135
Lot Number10
SubdivisionEastridge # 17
Land UseResidential
Legal DescriptionEASTRIDGE # 17, LOT 010, BLK 0036
Census Tract014900
Assessed Land Value$3,300
Assessed Improvement Value$94,768
Assessment Year2025

About this property

Looking for an affordable 3 bedroom, 2 bathroom home? This is it! Recently updated inside and out with a oversized 1 car garage. This home is a win for any buyer! Inviting living room, large kitchen with ample cooking space. All bedrooms are good sized, and 3rd bedroom has its own private bathroom giving you a true owners suite. New stucco, fixtures, and paint. Sitting across the street from a beautiful park, large fenced in backyard, driveway for extra parking, and a fenced in front yard for extra security.

Investor Tools

$59,477Estimated Mortgage Balance
$61,523Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$726 /month
Positive
Cash Flow Estimate:
$242 /month

Interested in this property?

Haley Sutter

2015 Real Estate, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$555
$98,068
2025
$3,300
$94,768
$98,068
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$555
$98,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank Inc
Open End Mortgage / Open End With Future Advance Clause
$60,000
No
First
Feb 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,477
$61,523
50%
49%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$360/mo
+$962/mo
13.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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