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B+
NoAgentList RatingHow are grades calculated? Info
Days160Days on Market
Views1view
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$195,000

2209 Gresham Dr, Amarillo, TX, 79110

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,462 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.38 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher

Exterior

Lot Size7,405 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-073-1780-8125
Lot Number6
SubdivisionSouth Lawn # 30
Land UseResidential
Legal DescriptionSOUTH LAWN # 30, LOT 006, BLK 0116
Census Tract020800
Assessed Land Value$9,975
Assessed Improvement Value$193,897
Assessment Year2025

About this property

!!$10K in Flex Cash!! To use however works best for you! This Charming 3/2/2 home located in a cul-de-sac has lots to offer. Large Living area with Vaulted Ceilings along with a Gas Fire Place. Nice sized guest rooms , Isolated Primary ,along with a sprinkler system. Another Huge Extra is the 12X20 Shop, great for projects or more storage. This home is a great starter home or perfect for downsizing. Property is conveniently located to nearby New Business Amenities, Shops, and Services. Hurry and Schedule your Showing today!

Investor Tools

Property Icon
$203,872
Estimated Property Value
$115,000Estimated Mortgage Balance
$64,228Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,223 /month
Positive
Cash Flow Estimate:
$408 /month

Interested in this property?

Chrystal Casarez

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,979
$203,872
2025
$9,975
$193,897
$203,872
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,979
$203,872

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$23,115
Yes
First
May 5, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,644
$64,228
31%
68%
$853/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
$853/mo
+$757/mo
9.5%

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.

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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2209 Gresham Dr | Property Details | No Agent List