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$494,000

2013 WHEELER Road, Amarillo, TX, 79118

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths900 Sq Ft
Year BuiltBuilt in 2025

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1.50 acres

Building Information

Year Built2024
Stories1
Roof Type112

Land Information

APNR-005-1000-0120
Lot Number5
SubdivisionBlankenship Estates # 3
Land UseResidential
Legal DescriptionBLANKENSHIP ESTATES # 3, LOT 005, BLK 0003, 1.5000 ACRES
Census Tract021706
Assessed Land Value$10,440
Assessed Improvement Value$205,448
Assessment Year2025

About this property

$75K REDUCTION! 1.5 Acre Income-Producing Property with Homes & RV Hookups Unlock the potential of this unique +/- 1.5-acre tract, featuring two newly built 2-bedroom, 2-bath homes—perfect for rental income or onsite management. The property also includes five full-service RV hookups (water, septic, and electric) plus two additional RV spots with water and electric only, offering immediate income opportunities for short or long-term stays. An on-site bathroom with shower and a laundry room are available for RV guests, adding valuable convenience and enhancing the appeal for renters. This flexible property is ideal for investors,,or those looking for a live/work setup in a growing area. An adjacent +/- 1.5-acre tract to the west is also available for negotiation as part of the sale.

Investor Tools

Property Icon
$494,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$139
$215,888
2025
$10,440
$205,448
$215,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$139
$215,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Bank
Commercial
$500,000
No
First
Jan 5, 2026
Jan 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$497,104
N/A
0%
101%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,130/mo
$2,998/mo
$-1,868/mo
2.7%

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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2013 WHEELER Road | Property Details | No Agent List