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A+
NoAgentList RatingHow are grades calculated? Info
Days279Days on Market
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$115,000

$125,000

2215 Locust St, Amarillo, TX, 79109

$149,500 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.19 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOther

Exterior

Lot Size7,841 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-090-0700-2745
Lot Number20
SubdivisionWolflin Park # 5
Land UseResidential
Legal DescriptionWOLFLIN PARK # 5, LOT 020, BLK 0075
Census Tract010400
Assessed Land Value$8,580
Assessed Improvement Value$165,530
Assessment Year2025

About this property

*BANK APPROVED PRICE* Nestled in a charming neighborhood, this property is a beautifully maintained mid-century ranch-style home that blends classic appeal with modern comfort. Built in 1951, this single-story residence offers 3 spacious bedrooms and 2 full bathrooms, providing ample space for family living, guests, or a home office. Step inside to discover 1,304 square feet of thoughtfully designed living space filled with natural light. The welcoming living room serves as the heart of the home, offering a setting for gatherings or quiet evenings. The adjacent kitchen combines style and functionality, with a layout designed for both daily living and entertaining. Each bedroom is generously sized, with large windows that frame the surrounding neighborhood and invite the warmth of natural light. The master suite provides a private retreat with a well-appointed bathroom, while the additional bedrooms are flexible, easily adapting to your lifestyle needs. Outside, the 7,840-square-foot lot offers a spacious, yard for outdoor activities, gardening, or relaxation under the wide Texas sky. Mature trees and thoughtful landscaping create a sense of privacy and serenity, while the home’s masonry construction and durable composition roof ensure lasting quality and low maintenance. The property’s mid-century ranch-style architecture, functional layout, and prime location make it an exceptional opportunity for homeowners seeking both charm and convenience.

Investor Tools

Property Icon
$174,110
Estimated Property Value
$127,546Estimated Mortgage Balance
$53,673Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$149,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,045 /month
Positive
Cash Flow Estimate:
$348 /month

Interested in this property?

Anthony Giglio

Metrolina Estates Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,721
$174,110
2025
$8,580
$165,530
$174,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,721
$174,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$127,546
Yes
First
Sep 6, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,342
$52,768
30%
70%
$886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$886/mo
+$544/mo
9.9%

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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2215 Locust St | Property Details | No Agent List