$124,000
NAL Estimated Property Value1609 S Jackson St, Amarillo, TX, 79102
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Oven
Exterior
Exterior FeaturesVinyl Siding, Dog Run
Lot Size7,405 sqft
Building Information
Year Built1926
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-065-1000-6362
Lot Number8
SubdivisionPlemons - Wolflins Sub Of Blk 223
Land UseResidential
Legal DescriptionPLEMONS - WOLFLINS SUB OF BLK 223, LOT 008
Census Tract014701
Assessed Land Value$4,500
Assessed Improvement Value$109,162
Assessment Year2025
About this property
Walking distance from Amarillo's premier senior living centers, and easy access to I40 and downtown make this 100 year-old Craftsman style charmer a perfect AirBnB, rental, or first time home! Beautiful hardwood floors throughout, central heat and air, newer windows, and a huge back deck, are just a few of the features you'll love! Lot's of amazing potential!
Investor Tools
$124,000
Estimated Property Value
$66,737Estimated Mortgage Balance
$57,263Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$749 /month
Positive
Cash Flow Estimate:
$250 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,755
$113,662
2025
$4,500
$109,162
$113,662
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,755
$113,662
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$73,500
No
First
Jul 30, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,737
$57,263
46%
54%
$441/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$441/mo
+$881/mo
12.8%
