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A+
NoAgentList RatingHow are grades calculated? Info

$989,000

2606 S Lipscomb St, Amarillo, TX, 79109

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

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Disposal, Double Oven, Cooktop, Dishwasher, Microwave, Refrigerator, Ice Maker, Gas Water Heater

Exterior

Private PoolPrivate Pool
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%

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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2606 S Lipscomb St | Property Details | No Agent List