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$69,000

2405 SW 4th Avenue, Amarillo, TX, 79106

$89,700 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths997 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$69.21 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRange

Exterior

Lot Size6,970 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-056-0100-5369
Lot Number3
SubdivisionOrig Town Of Ama
Land UseResidential
Legal DescriptionORIG TOWN OF AMA, LOT 003, BLK 0100
Census Tract012000
Assessed Land Value$2,439
Assessed Improvement Value$78,927
Assessment Year2025

About this property

2 bed 1 bath and a converted garage that could be used as an office, playroom, workshop or a 3rd bedroom if a closet were added. Big backyard!

Investor Tools

$121,911Estimated Mortgage Balance
$81,366Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$89,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$488 /month
Positive
Cash Flow Estimate:
$163 /month

Interested in this property?

Deborah Kelly

Absolute Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,610
$81,366
2025
$2,439
$78,927
$81,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,610
$81,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Beach Park Partners Llc
Commercial
$133,500
No
First
Oct 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,911
N/A
0%
150%
$801/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$801/mo
+$171/mo
14.3%

City: Amarillo

2405 SW 4th Avenue | Property Details | No Agent List