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$1,099,000

164 Dolphin Ter, Amarillo, TX, 79118

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,202 Sq Ft
price_per_sqft$499.09 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Disposal, Refrigerator, Range, Microwave, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size15,246 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-3900-7740
Lot Number18
SubdivisionLake Tanglewood
Land UseResidential
Legal DescriptionLAKE TANGLEWOOD, LOT 018, BLK 0050, N/2 OF 17 & ALL OF 18, 0.3500 ACRES
Census Tract021702
Assessed Land Value$90,000
Assessed Improvement Value$529,166
Assessment Year2025

About this property

Your waterfront escape awaits! Discover the ease of lake living in this tastefully furnished Lake Tanglewood retreat, nestled in a peaceful cove with inviting outdoor spaces designed for relaxation and entertaining. Enjoy a stunning two-story deck, with the lower level accessed directly from the private primary suite, plus a side patio, hot tub, beautiful outdoor lighting, stone masonry retaining walls, concrete steps to the water, and a covered boat slip with lift. Extensive updates and improvements are detailed on the attached feature sheet, along with optional personal property available for purchase.

Investor Tools

Property Icon
$658,000
Estimated Property Value
$246,471Estimated Mortgage Balance
$439,923Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,594 /month
Positive
Cash Flow Estimate:
$2,198 /month

Interested in this property?

Wendy Collier

ERA Courtyard Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
$266/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,985
$619,166
2025
$90,000
$529,166
$619,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,985
$619,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boc Bank
Conventional
$246,471
No
First
Sep 22, 2020
Oct 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,077
$439,923
66%
33%
$1,478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,744/mo
$-204/mo
2.8%

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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164 Dolphin Ter | Property Details | No Agent List