$225,000
NAL Estimated Property Value1940 Howard Dr, Amarillo, TX, 79106
$292,500 ARV
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesRange, Dishwasher
Exterior
Lot Size6,098 sqft
Building Information
Year Built1980
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-086-3650-0512
Lot Number7A
SubdivisionWestridge Addn # 4
Land UseResidential
Legal DescriptionWESTRIDGE ADDN # 4, LOT 07A, BLK 0005
Census Tract011700
Assessed Land Value$9,000
Assessed Improvement Value$160,562
Assessment Year2025
About this property
Great duplex with many updates. Both sides are currently leased. These are a great investment opportunity. Each side has central H&A, stove, dishwasher, 2 bedrooms, 1 bath and assigned parking.
Investor Tools
$225,000
Estimated Property Value
$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$292,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,469
$169,562
2025
$9,000
$160,562
$169,562
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,469
$169,562
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
N/A
+$1,542/mo
8.2%
