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$270,000

1640 Montaluse Rd, Amarillo, TX, 79118

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,677 Sq Ft
price_per_sqft$161 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Oven, Microwave, Dishwasher

Exterior

Exterior FeaturesVinyl, Brick
Lot Size5,750 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN000000299435
Lot Number59
SubdivisionSouth Georgia Place # 38
Land UseResidential
Legal DescriptionSOUTH GEORGIA PLACE # 38, LOT 059, BLK 0010, 0.1320 ACRES
Census Tract022001
Assessed Land Value$25,000
Assessed Improvement Value$205,543
Assessment Year2025

About this property

Welcome to 1640 Montaluse Rd. Built in 2022, this modern 3-bedroom, 2-bathroom home offers 1,677 sq. ft. of thoughtfully designed living space. It features under-cabinet lights in the kitchen, ceiling fans in all bedrooms and the living room, central heat and air, granite countertops, washer and dryer hookups, attic storage, a brick exterior, and an attached two-car garage. Situated on a closed-end cul-de-sac street, you'll enjoy minimal neighborhood traffic and a peaceful atmosphere. The interior has been fully repainted for a fresh feel! The refrigerator can be included with a full-price offer! Schedule a showing today to see everything this Timbercreek Canyon home has to offer!

Investor Tools

$205,951Estimated Mortgage Balance
$56,049Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Aaron Jistel

ListingSpark

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,569
$230,543
2025
$25,000
$205,543
$230,543
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,569
$230,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$221,411
No
First
Nov 14, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,951
$56,049
21%
79%
$1,328/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,328/mo
+$212/mo
7.1%

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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1640 Montaluse Rd | Property Details | No Agent List