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$989,000

NAL Estimated Property Value

2606 S Lipscomb St, Amarillo, TX, 79109

$1,285,700 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,159 Sq Ft
price_per_sqft$193.64 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Warming Oven, Refrigerator, Microwave, Ice Maker, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size436 sqft

Building Information

Year Built1948
Stories2
Roof Type127
Garage Spaces2

Land Information

APNR-090-0500-3720
SubdivisionWolflin Place Amd
Land UseResidential
Legal DescriptionWOLFLIN PLACE AMD, BLK 0021, S 5FT OF 4 AND ALL OF 5 AND N 20FT OF 6
Census Tract010400
Assessed Land Value$34,000
Assessed Improvement Value$849,708
Assessment Year2025

About this property

This beautifully crafted home located deep in Wolflin offers a perfect blend of elegance & functionality. Step inside to discover a bright, open floor plan that seamlessly connects living, dining, & kitchen areas, creating an inviting atmosphere for both relaxation & entertainment. The chef's kitchen features marble countertops, stylish herringbone backsplash, island, high end appliances as well as butler's pantry making meal prep a delight. Gorgeous slate & wood adorn the floors. Upstairs INDOOR GYM complete with basketball goal & hitting wall for tennis or volleyball. Primary suite has fireplace & French doors leading to backyard. Primary closet is a room of its own with built ins & amazing hanging space. Wonderful back patio nestled in mature landscaping. Separate work room in garage.

Investor Tools

Property Icon
$989,000
Estimated Property Value
$0Estimated Mortgage Balance
$989,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,285,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,957/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,542
$883,708
2025
$34,000
$849,708
$883,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,542
$883,708

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$989,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
2.0%

City: Amarillo

2606 S Lipscomb St | Property Details | No Agent List