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$400,000

19450 Laramie Dr, Amarillo, TX, 79124

SoldInfo
7/24/26
Beds4 Beds
Baths2 Bath
Baths1,695 Sq Ft
price_per_sqft$235.99 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRefrigerator, Range, Microwave, Dishwasher

Exterior

Exterior FeaturesBlock
Lot Size2 acres

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-065-1350-1650
Lot Number14
SubdivisionPrairie West Estates # 1
Land UseResidential
Legal DescriptionPRAIRIE WEST ESTATES # 1, LOT 014, BLK 0002, 2.0000 ACRES
Census Tract014300
Assessed Land Value$35,000
Assessed Improvement Value$303,795
Assessment Year2025

About this property

Holy SHOP! You will not want to miss this Bushland beauty. Sitting on 2 wide acres with beautiful trees and a Huge 40x50 shop that's insulated, has electrical, a bathroom, and RV wash out/hook ups. 16 foot side walls big enough for your RV! Beautiful outdoor kitchen area with covered patio, gas/wood burning fireplace, fully fenced privacy back yard. Set ups like this don't come around often. The home itself is a 4 bedroom 2 bathroom home with a fantastic layout including a semi open concept kitchen with pantry, and real wood alder cabinets. Living room has a beautiful stone fireplace. Isolated owners suite with soaking tub and walk in shower. Don't let the square footage fool you this one is worth a look and feels much bigger in person. 2 car garage is oversized and has a storm shelter.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$306,318Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,549
$338,795
2025
$35,000
$303,795
$338,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,549
$338,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Credit Line (Revolving) / Heloc
$100,000
No
First
Feb 14, 2023
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,846
$254,154
73%
23%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$600/mo
+$940/mo
4.6%

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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19450 Laramie Dr | Property Details | No Agent List