Last 24 Hours
$175,000
205 Nena Ln, Amarillo, TX, 79119
$227,500 ARV
On Market
3 Beds
2 Bath
1,536 Sq Ft
$113.93 / sqft
Built in 1998Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating
CoolingAppliancesRange, Dishwasher
Exterior
Lot Size13,939 sqft
Building Information
Year Built1998
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-073-0420-0280
Lot Number15
SubdivisionSherman Acres # 1
Land UseResidential
Legal DescriptionSHERMAN ACRES # 1, LOT 015, BLK 0001, 0.3200 ACRES MANUFACTURER: 1998 GLENDALE SERIAL NUMBER: 12400734A SERIAL NUMBER: TXS060
Census Tract021707
Assessed Land Value$5,420
Assessed Improvement Value$160,183
Assessment Year2025
About this property
Amazing location half way between Canyon and Amarillo. Easy access to I-27 to get wherever you need to go. Home has a great living area with a corner fireplace, isolated master, and a nice 2 car garage. Lots of possibilities here!
Investor Tools
$111,403Estimated Mortgage Balance
$227,597Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$227,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$285
$165,603
2025
$5,420
$160,183
$165,603
No
Tax History
Year
Tax Paid
Assessed Value
2024
$285
$165,603
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Advisors Group
Reverse Mortgage / Hecm
$126,000
No
First
Mar 4, 2019
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,403
$227,597
67%
33%
$727/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$727/mo
+$823/mo
5.5%
12.4%