Last 24 Hours
$227,500
1940 HOWARD Drive, Amarillo, TX, 79106
$295,750 ARV
On Market
Commercial
4 Beds
2 Bath
2,160 Sq Ft
Multi Family
$105.32 / sqft
Built in 1980Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage Available
Heating
CoolingAppliancesRange, 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 that is close to the hospital district. Both sides are 2 bedroom, 1 bath. One side is currently leased and the other side will be available for viewing soon. Both sides have central H&A, washer dryer hookups, dishwashers and stoves.
Investor Tools
$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$295,750
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month
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ContactFinancing 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%
12.4%