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$157,000

NAL Estimated Property Value

2216 LOCUST Street, Amarillo, TX, 79109

$178,029 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.87 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size7,405 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-090-0700-2515
Lot Number15
SubdivisionWolflin Park # 5
Land UseResidential
Legal DescriptionWOLFLIN PARK # 5, LOT 015, BLK 0074
Census Tract010400
Assessed Land Value$8,415
Assessed Improvement Value$141,425
Assessment Year2025

About this property

Welcome to this charming 3-bedroom brick home nestled in the heart of Wolflin Park. From the inviting covered front porch, to the fresh paint throughout, this home is full of warmth and character from the moment you arrive. Inside, youll find a comfortable, functional layout along with a dedicated utility room for laundry, and a unique custom built dog kennel, perfect for keeping your furry friends safe and comfortable. Step out back to the outdoor area featuring a covered patio, an above ground pool ready for summer days, and plenty of room to enjoy the yard. Whether your hosting family & friends or enjoying a quiet evening outside, this space offers flexibility for a variety of lifestyles. A great blend of charm, functionality and comfort-this home is one you won't want to miss

Investor Tools

Property Icon
$157,000
Estimated Property Value
$2,323Estimated Mortgage Balance
$154,677Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$178,029
Rent-to-Value Ratio: 0.72%
Rent Estimate
$942 /month
Positive
Cash Flow Estimate:
$314 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,230
$149,840
2025
$8,415
$141,425
$149,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,230
$149,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Fha
$2,598
Yes
First
Nov 11, 2020
Aug 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,323
$154,677
98%
1%
$16/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$16/mo
+$1,034/mo
8.0%

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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2216 LOCUST Street | Property Details | No Agent List