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$268,000

NAL Estimated Property Value

1642 WESLEYAN Street, Amarillo, TX, 79118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,984 Sq Ft
price_per_sqft$146.12 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Microwave, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size5,750 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN000000295411 01
Lot Number6
SubdivisionSouth Georgia Place # 36
Land Use1 Story Residential
Legal DescriptionSOUTH GEORGIA PLACE # 36, BLK 0010, LOT 006, 0.1320 ACRES - UDI: 50.000000%
Census Tract022001
Assessed Land Value$12,500
Assessed Improvement Value$132,035
Assessment Year2025

About this property

This well-designed 3 bedroom, 2 bathroom, 2 car garage home offers modern finishes, thoughtful upgrades, and a spacious layout designed for comfortable living. Inside, durable vinyl flooring flows throughout the main living, dining, and kitchen areas, complemented by solid quartz countertops and energy-efficient LED ceiling lighting throughout the home. The standout feature of the interior is the exceptionally large living area, offering more space than many comparable homes in the neighborhood and creating an ideal setting for gathering, relaxing, or entertaining. A wood-burning fireplace with a modern vent system serves as a warm centerpiece to the room. The primary suite includes an oversized soaking tub and a large walk-through closet, adding both comfort and functionality to the space. Three-inch blinds are installed on every window for added convenience. Built with quality and durability in mind, the home features Class III impact-resistant shingles and multiple practical upgrades designed with Texas weather in mind (per seller). Outdoor spaces include spacious front and back patios, front and rear soffit lighting, and carriage lighting on the front exterior. The property also includes zero-maintenance Riverstone side yards, extended fencing on both sides, and an upgraded rain gutter system designed to help keep the back patio area dry. Additional upgrades include an intelligent Rain Bird sprinkler system serving the front and back yard, a 240V electric vehicle charging plug installed in the garage, and a 12-drain, 4-inch French drain system for additional drainage support. The home also features a large air conditioning unit designed for strong summer cooling performance and a decked attic storage area above the garage. This home blends modern finishes, practical upgrades, and generous living space to create a comfortable and functional place to call home.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$217,411Estimated Mortgage Balance
$50,589Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,430
$144,535
2025
$12,500
$132,035
$144,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,430
$144,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Mortgage Corp
Conventional
$235,867
No
First
Mar 17, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,411
$50,589
18%
81%
$1,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,415/mo
+$125/mo
6.9%

City: Amarillo

1642 WESLEYAN Street | Property Details | No Agent List