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$103,652

NAL Estimated Property Value

2405 Redwood St, Amarillo, TX, 79107

$125,913 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,080 Sq Ft
price_per_sqft$69.44 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit

Exterior

Lot Size7,405 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-035-3200-2510
Lot Number12
SubdivisionHamlet # 3 Amd
Land UseResidential
Legal DescriptionHAMLET # 3 AMD, LOT 012, BLK 0027
Census Tract013900
Assessed Land Value$3,305
Assessed Improvement Value$100,347
Assessment Year2025

About this property

POSSIBLE OWNER FINANCING. This 3-bedroom, 1 -bath home is great option for both investors and families looking for an affordable property with room to grow. With a little updating and some creative vision, this house can be turned into a comfortable and welcoming space. It features a practical layout and solid structure, making it a smart project for anyone looking to create value. Per seller newer HVAC system.

Investor Tools

Property Icon
$103,652
Estimated Property Value
$59,034Estimated Mortgage Balance
$44,618Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$125,913
Rent-to-Value Ratio: 0.72%
Rent Estimate
$622 /month
Positive
Cash Flow Estimate:
$207 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,307
$103,652
2025
$3,305
$100,347
$103,652
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,307
$103,652

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Steven Rueda
Seller Carryback / Seller Financing / Seller Take-Back
$60,000
No
First
Jun 25, 2025
Jun 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,034
$44,618
43%
57%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$360/mo
+$612/mo
11.3%

City: Amarillo

2405 Redwood St | Property Details | No Agent List