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$117,500

2400 S Polk #202 Street, Amarillo, TX, 79109

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.56 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Microwave

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Courtyard
Lot Size1,307 sqft

Building Information

Year Built1964
Stories1

Land Information

APNR-014-4700-4665
Lot Number2
Subdivision"Mrs M D Oliver-Eakle, 2400 Polk Condo"
Land UseCommercial
Legal DescriptionMRS M D OLIVER-EAKLE, 2400 POLK CONDO, BLK 0079, CND UT 202, BUILDING C ON LOT 2, 9 AND 10
Census Tract014702
Assessed Land Value$2,244
Assessed Improvement Value$120,980
Assessment Year2025

About this property

Modern 2-bedroom, 2-bathroom condo featuring an open-concept living and dining area with direct access to a private balcony. The kitchen is efficiently designed with ample cabinetry and connects seamlessly to the main living space. Both bedrooms are spacious and include multiple closets for generous storage. The primary bedroom offers the convenience of an en-suite bathroom. With a smart layout and comfortable design, this condo is ideal for everyday living and entertaining. Enjoy access to a community pool for added relaxation and recreation.

Investor Tools

$58,875Estimated Mortgage Balance
$64,349Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$739 /month
Positive
Cash Flow Estimate:
$246 /month

Interested in this property?

JT Haynes

Triangle Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
$519/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,672
$123,224
2025
$2,244
$120,980
$123,224
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,672
$123,224

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$66,000
No
First
Oct 1, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,875
$64,349
52%
48%
$396/mo

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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