Last 24 Hours
$57,000
2500 Spruce St, Amarillo, TX, 79103
$74,100 ARV
On Market
1 Beds
1 Bath
728 Sq Ft
Single Family Residence
$78.3 / sqft
Built in 1949Property Lead Type:
Must-SellAbsentee Owner
Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Garage Available
Heating
CoolingExterior
Lot Size4,792 sqft
Building Information
Year Built1949
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-026-0400-0600
Lot Number1
SubdivisionGlenwood Addn
Land UseResidential
Legal DescriptionGLENWOOD ADDN, LOT 001, BLK 0017
Census Tract010600
Assessed Land Value$5,000
Assessed Improvement Value$65,150
Assessment Year2025
About this property
Charming one-bedroom, one-bath home situated on a spacious corner lot. This property offers great potential with a detached garage and plenty of yard space. Ideal for investors or buyers looking to customize and make it their own. Sold as-is.
Investor Tools
$49,638Estimated Mortgage Balance
$20,512Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$74,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$421 /month
Positive
Cash Flow Estimate:
$140 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$59/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$354
$70,150
2025
$5,000
$65,150
$70,150
No
Tax History
Year
Tax Paid
Assessed Value
2024
$354
$70,150
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Robert N Wilkinson Jr Money Purchase Pe
Unknown
$50,000
No
First
Dec 5, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,638
$20,512
29%
71%
$300/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$820/mo
$300/mo
+$520/mo
14.0%
12.4%