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$70,000

2502 SW 2nd Avenue, Amarillo, TX, 79106

$72,284 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.43 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesRange, Gas Water Heater

Exterior

Lot Size6,970 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-056-0100-5745
Lot Number11
SubdivisionOrig Town Of Ama
Land UseResidential
Legal DescriptionORIG TOWN OF AMA, LOT 011, BLK 0110
Census Tract012000
Assessed Land Value$2,500
Assessed Improvement Value$80,124
Assessment Year2025

About this property

Investor Special! Property at 2502 SW 2nd Ave is offered as-is, with seller making no repairs. Sale includes vacant corner lot at 2500 SW 2nd Ave (Property ID 156037) as part of the transaction. Vacant lot may provide opportunity for future use, expansion, or separate disposition, subject to buyer verification and applicable regulations. Cash or Conventional financing only. Property is priced with investor opportunity in mind. Buyer to verify all information, utilities, zoning, and potential uses.

Investor Tools

$32,048Estimated Mortgage Balance
$50,576Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$72,284
Rent-to-Value Ratio: 0.72%
Rent Estimate
$496 /month
Positive
Cash Flow Estimate:
$165 /month

Interested in this property?

Jason Riede

Century 21 Boston Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$53/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$224
$82,624
2025
$2,500
$80,124
$82,624
No

Tax History

Year
Tax Paid
Assessed Value
2024
$224
$82,624

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alacrity Lending Co
Fha
$54,985
Yes
First
Jun 24, 2009
Jul 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,048
$50,576
61%
39%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
19.2%

City: Amarillo