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$152,000

NAL Estimated Property Value

1928 Cherry St, Amarillo, TX, 79106

$181,226 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,240 Sq Ft
price_per_sqft$128.95 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDishwasher

Exterior

Exterior FeaturesFiber Board
Lot Size8,276 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-001-1000-0860
Lot Number15
SubdivisionAvonbell
Land UseResidential
Legal DescriptionAVONBELL, LOT 015, BLK 0006
Census Tract011600
Assessed Land Value$9,555
Assessed Improvement Value$122,203
Assessment Year2025

About this property

CUTE REMODELED HOME IN COUNTRY CLUB / AVONDALE. THIS HOME HAS BEEN TOTLALLY UPDATED. NEW CENTRAL AIR AND HEATING THAT IS ALL ELECTRIC. NEW DUCT WORK. ALL ELECTRICAL WAS JUST UPDATED. NEW PAINT INSIDE AND OUT. ALSO NEW FLOORING. TWO LOCATIONS FOR CLOTHE WASHERS IN UTILITY AND GARAGE. YARD IS GOOD SIZE AS WELL. THIS PROPERTY IS TURN KEY. PERFECT FOR THE FIRST TIME HOME BUYER OR INVESTOR. HOME WARRANTY PROVIDED. OWNER / BROKER. THIS WON'T LAST LONG!

Investor Tools

Property Icon
$152,000
Estimated Property Value
$72,654Estimated Mortgage Balance
$79,346Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$181,226
Rent-to-Value Ratio: 0.72%
Rent Estimate
$959 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,989
$131,758
2025
$9,555
$122,203
$131,758
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,989
$131,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Credit Line (Revolving) / Heloc
$75,000
No
First
Aug 12, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,654
$79,346
52%
48%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$450/mo
+$872/mo
10.4%

City: Amarillo

1928 Cherry St | Property Details | No Agent List