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$192,000

NAL Estimated Property Value

1608 S Pierce Street, Amarillo, TX, 79102

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,549 Sq Ft
price_per_sqft$39.96 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size6,970 sqft

Building Information

Year Built1926
Stories1
Roof Type105

Land Information

APNR-065-1000-6840
Lot Number5
SubdivisionPlemons - H A Nobles Sub
Land UseResidential
Legal DescriptionPLEMONS - H A NOBLES SUB, LOT 005, BLK 0229
Census Tract014701
Assessed Land Value$3,750
Assessed Improvement Value$56,913
Assessment Year2025

About this property

HUD APPROVED AND CURRENTLY RENTED - $950/mo NEED 24 HR NOTICE AND TENANT WILL STAY - M-F AFTER 5 AND ON WEEKENDS

Investor Tools

Property Icon
$192,000
Estimated Property Value
$7,259Estimated Mortgage Balance
$184,741Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$80,470
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,314
$60,663
2025
$3,750
$56,913
$60,663
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,314
$60,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hl Capital Llc
Unknown
$17,322
No
First
Feb 21, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,259
$184,741
96%
4%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
8.3%

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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1608 S Pierce Street, Amarillo, TX 79102 | Property Details | No Agent List