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$223,369

NAL Estimated Property Value

1612 S Milam St, Amarillo, TX, 79102

$290,019 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.39 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Microwave, Gas Water Heater

Exterior

Private PoolPrivate Pool
Lot Size8,276 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-005-0100-5775
SubdivisionBivins Addn Amd
Land UseResidential
Legal DescriptionBIVINS ADDN AMD, BLK 0056, N 25FT OF 8 & ALL OF 7
Census Tract011500
Assessed Land Value$20,250
Assessed Improvement Value$203,119
Assessment Year2025

About this property

DO YOU WANT TO LIVE IN THE HEART OF AMARILLO? YOU COULD BE LIVIN' IN BIVINS! This Bivins charmer is move-in ready with fresh paint inside and out. Offering a warm, inviting layout with a formal dining room and a HUGE den, plus second living area. Classic character throughout, this home delivers comfort, convenience, and the perfect central location. The only thing missing is you calling it HOME.

Investor Tools

Property Icon
$223,369
Estimated Property Value
$223,877Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$290,019
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,708
$223,369
2025
$20,250
$203,119
$223,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,708
$223,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Mortgage Corp
Fha
$224,852
Yes
First
Feb 17, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,877
N/A
0%
100%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$1,349/mo
$-377/mo
5.2%

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.

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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1612 S Milam St | Property Details | No Agent List