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$1,088,848

NAL Estimated Property Value

18 Edgewater Dr, Amarillo, TX, 79106

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths6,635 Sq Ft
price_per_sqft$182.22 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Warming Oven, Refrigerator, Range, Microwave, Ice Maker, Double Oven, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size10,890 sqft

Building Information

Year Built1994
Roof Type105
Garage Spaces4

Land Information

APNR-078-1700-3010
Lot Number60B
SubdivisionTealwood Lakes # 4
Land UseResidential
Legal DescriptionTEALWOOD LAKES # 4, LOT 60B, 0.2500 ACRES
Census Tract013200
Assessed Land Value$50,000
Assessed Improvement Value$1,038,848
Assessment Year2025

About this property

This appealing 5-bedroom, 5-bathroom traditional-style home, located in the gated Tealwood Lakes, begins to impress as you step from the entrance onto the resonant hardwood flooring. Beneath stylish lighting, hardwoods gleam throughout. The neutral palette of the current finishings are a blank canvas for your design talents. Even the ceilings contribute to the atmosphere, with styles including coffered and beamed. The 3 fireplaces (living room, primary bedroom, and outdoor patio) impart a cozy feel to the atmosphere, and constitute a couple of prime spots for warming up during the winter. The airy feature-rich kitchen is newly updated in a classic island layout, maximizing workspace and flexibility. These countertops await your beverage glass and cutting board, while premiu Subzero appliances look great and add value. The double ovens help maximize culinary firepower. The kitchen also includes an ice maker, warming drawer and custom cabinet fittings. In light that is both stylish and natural, this culinary headquarters is a stage that makes every entrance a grand one. The beautiful ensuite primary bedroom, conveniently located on the main-floor, is well-designed and peaceful. In addition to the convenience of the private bathroom (walk-in shower, separate tub), you will find plenty of walk-in closet space to let your wardrobe breathe. A sitting area works as yet another functional section. A wood burning fireplace provides warmth and aroma. The other 3 bedrooms--ensuite, unique, quiet, and with plenty of closet space-- are located above the ground floor for enhanced privacy. Have the convenience with an at-home gym, located upstairs, as well as an office, located downstairs, with an ensuite bathroom and views of the gorgeous lakes. The finished basement is great with attractive flexibility. The low-maintenance yard is easy on the back and schedule and features artificial turf. The leaf filter gutter system filters water while preventing debris from entering. A rear-entry driveway, leads to an attached three-car garage that is available for its original purpose or for use as additional flex space. As an open-air extension of the home, concrete patio is an ideal foundation for outdoor furniture sets and the gatherings that naturally follow. Dedicated area for a dog run! The home is located on a pleasant street. Relaxing views of the lakes are an everyday treat. Open the front door to a pleasant new life here in Amarillo.

Investor Tools

Property Icon
$1,088,848
Estimated Property Value
$522,724Estimated Mortgage Balance
$566,124Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,254 /month
Positive
Cash Flow Estimate:
$2,418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,312/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,297
$1,088,848
2025
$50,000
$1,038,848
$1,088,848
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,297
$1,088,848

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$525,000
No
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$522,724
$566,124
51%
48%
$3,148/mo

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.

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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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18 Edgewater Dr | Property Details | No Agent List