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B+
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$129,000

203 N Independence St, Amarillo, TX, 79106

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths908 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.67 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRange, Dishwasher, Electric Water Heater

Exterior

Lot Size6,970 sqft

Building Information

Year Built1925
Stories1
Roof Type105

Land Information

APNR-069-1000-5893
Lot Number2
SubdivisionSan Jacinto Heights
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS, LOT 002, BLK 0157
Census Tract015300
Assessed Land Value$6,500
Assessed Improvement Value$96,257
Assessment Year2025

About this property

NEW, NEW, NEW!!! This completely remodeled, move-in-ready home, is ABSOLUTELY PERFECT for somebody that needs a little house to immediately make theirs!! You will be so impressed from the moment you walk in! Everything is NEW!! From beautiful, high-quality, wood-look laminate, to the freshly textured and painted walls, the updated light fixtures, new kitchen and bathroom, and so much more!! Everything has been updated, including complete electrical, sewer lines, water lines, and windows. This adorable 2-bedroom home will NOT disappoint! Make your appointment to see it TODAY!!

Investor Tools

Property Icon
$129,000
Estimated Property Value
$127,645Estimated Mortgage Balance
$0Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,054
$102,757
2025
$6,500
$96,257
$102,757
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,054
$102,757

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dept Of Housing & Cmnty Affairs
Stand Alone Second / Subordinate Position
$6,382
No
First
Nov 26, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,860
N/A
0%
103%
$805/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$805/mo
+$167/mo
9.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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203 N Independence St | Property Details | No Agent List