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$525,000

NAL Estimated Property Value

1607 S Harrison St, Amarillo, TX, 79102

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,081 Sq Ft
price_per_sqft$172.02 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Cooktop

Exterior

Lot Size10,454 sqft

Building Information

Year Built1926
Stories1
Roof Type125
Garage Spaces1

Land Information

APNR-065-1000-6568
SubdivisionPlemons
Land UseResidential
Legal DescriptionPLEMONS, BLK 0225, 75FT S X 140FT E BEG 150FT S OF NW COR OF BLK
Census Tract014701
Assessed Land Value$6,750
Assessed Improvement Value$371,089
Assessment Year2025

About this property

WELCOME TO LA CASITA! INCREDIBLE OPPORTUNITY to own this HISTORICAL FABULOUS, UNIQUE 5 Bedroom, 5 Bath B&B, complete with existing repeat business & phone number! Full price offer includes the Lot next door with Studio! Zoned Multi-Family so you can add more Casitas! Perfect for EVENT CENTER, Weddings, Reunions, Girls' Weekend in a Relaxing,Romantic Atmosphere! Enjoy a cozy evening by the fireplace, a restful night in one of the 5 Beautiful Suites & relaxing in the park-like patio & backyard! Completely updated in 1999! 2 HVAC 5T added 6-7 yrs ago! Perfect for your home and/or business as a B&B/Rental! Hardwood floors, updated Baths, Formal Dining & large kitchen! Mature trees, gardens! Garden Shed! Lifetime Tile Roof! GREAT EVENT VENUE! BRING OFFERS! Will Consider all reasonable offers

Investor Tools

Property Icon
$525,000
Estimated Property Value
$0Estimated Mortgage Balance
$525,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,619
$377,839
2025
$6,750
$371,089
$377,839
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,619
$377,839

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$525,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
N/A
+$1,542/mo
3.5%

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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1607 S Harrison St | Property Details | No Agent List