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Days50Days on Market
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$140,000

1636 N Nelson St, Amarillo, TX, 79107

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,048 Sq Ft
price_per_sqft$133.59 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,098 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-8500-0115
Lot Number1
SubdivisionMartin Addn # 1
Land UseResidential
Legal DescriptionMARTIN ADDN # 1, LOT 001, BLK 0002
Census Tract015000
Assessed Land Value$5,000
Assessed Improvement Value$125,648
Assessment Year2025

About this property

Welcome home to this beautifully updated property offering modern finishes and exceptional value! This move-in-ready home features fresh interior paint, new texture throughout, energy-efficient new windows, and stunning granite countertops that add style and functionality to the kitchen. Exterior Includes maintenance free Metal Siding. With its fresh updates and inviting feel, this home is ready for its new owners. The seller is offering a buyer's appliance package with an acceptable offer, making this an even more attractive opportunity. Conveniently located in Amarillo, this home is perfect for first-time buyers, growing families, or anyone looking for a beautifully updated home at a great value. Schedule your private showing today!

Investor Tools

$0Estimated Mortgage Balance
$130,648Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$840 /month
Positive
Cash Flow Estimate:
$280 /month

Interested in this property?

Mike Hegwood

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,518
$130,648
2025
$5,000
$125,648
$130,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,518
$130,648

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$130,648
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
N/A
+$972/mo
8.9%

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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1636 N Nelson St | Property Details | No Agent List