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$272,059

NAL Estimated Property Value

2305 Larry St, Amarillo, TX, 79106

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Microwave, Dishwasher, Cooktop

Exterior

Lot Size6,970 sqft

Building Information

Year Built1959
Stories1
Roof Type112
Garage Spaces1

Land Information

APNR-061-1200-2640
SubdivisionOlsen Park Addn # 11
Land UseResidential
Legal DescriptionOLSEN PARK ADDN # 11, BLK 0075, 8 LESS S 8FT
Census Tract010200
Assessed Land Value$15,211
Assessed Improvement Value$256,848
Assessment Year2025

About this property

Check out this absolute gem in Olsen! This home has amazing potential with great space and vintage features! This 3 bedroom 2 bath home has great space with a formal living area, a large dining area, nice kitchen space, and a den with a cozy stone fireplace! The large, private backyard is fenced with a mix of masonry and wood and has a great pergola! There's a 2 stall, attached garage and a 18x20 shop/garage with overhead door in back! Class 4 roof, electrical panel, and exterior paint in April 2025! Newer HVAC and water heater. Priced to sell and to be sold as-is. Must see to see to appreciate all this property has to offer! Make your appointment today!

Investor Tools

Property Icon
$272,059
Estimated Property Value
$0Estimated Mortgage Balance
$272,059Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,385
$272,059
2025
$15,211
$256,848
$272,059
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,385
$272,059

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,059
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
5.8%

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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2305 Larry St | Property Details | No Agent List