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$58,000

25001 RM 1061, Amarillo, TX, 79124

$62,000 ARVInfo
Off MarketInfo
Baths0 Bath
Baths1,216 Sq Ft
price_per_sqft$48.52 / sqft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Lot Size5 acres

Building Information

Year Built1996
Stories1
Roof Type112

Land Information

APNR-600-0900-0200
SubdivisionSect 90 G & M Blk 0005
Land UseResidential
Legal DescriptionSECT 90 G & M BLK 0005, UNIT 1A TR 15 VALLE DE ORO, 5.0000 ACRES MANUFACTURER: 1996 LIBERTY SERIAL NUMBER: 05L26792 SERIAL NU
Census Tract014300
Assessed Land Value$5,000
Assessment Year2025

About this property

5 FENCED ACRES of Land for sale, located just 20 minutes outside of Amarillo. Peace and quiet with the most beautiful back drop you could ask for. NO DEED RESTRICTIONS, sitting right along RM 1061 but far enough back to still be secluded. This would make an excellent opportunity for a commercial venture, horses, or someone needing quick highway access. The mobile home is not livable, well and septic on property have not been able to be located. Estimate for new Well/Septic was $24k Cash or Land financing only. (MH will have to be removed for land financing) Driving Directions: Take RM 1061 (Tascosa Road) going North West, go past the ''cold beer store'' aprox one mile. Property will be on the Left hand side of the road with a red gate up front. Agents see private remarks

Investor Tools

Property Icon
$58,000
Estimated Property Value
$0Estimated Mortgage Balance
$58,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$62,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$354 /month
Positive
Cash Flow Estimate:
$118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$27/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30
$5,000
2025
$5,000
N/A
$5,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30
$5,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$58,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
N/A
+$1,540/mo
31.9%

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.

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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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