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$169,401

NAL Estimated Property Value

1912 RIMSITE Drive, Amarillo, TX, 79118

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.17 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size3.20 acres

Building Information

Year Built2004
Stories1
Roof Type112
Garage Spaces6

Land Information

APNR-665-0120-2160
SubdivisionSect 12 I & G N
Land UseResidential
Legal DescriptionSECT 12 I & G N BLK 0006, AN IRREG 3.20 AC TR BEG 1282.08FT S OF NE COR OF SECT, 3.2000 ACRES
Census Tract021702
Assessed Land Value$69,000
Assessed Improvement Value$100,401
Assessment Year2025

About this property

Very unique property with tons of potential. This is a handyman's dream property. The cozy one bedroom home has a huge attached workshop larger than the house itself. It doesn't stop there though. There is also a detached oversized two car garage and large storage building out back. This property to be sold as-is.

Investor Tools

Property Icon
$169,401
Estimated Property Value
$95,701Estimated Mortgage Balance
$73,700Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,016 /month
Positive
Cash Flow Estimate:
$339 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,725
$169,401
2025
$69,000
$100,401
$169,401
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,725
$169,401

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$96,400
No
First
Dec 19, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,701
$73,700
43%
56%
$578/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$900/mo
$578/mo
+$322/mo
6.4%

City: Amarillo

1912 RIMSITE Drive | Property Details | No Agent List