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$173,000

NAL Estimated Property Value

2609 S MIRROR Street, Amarillo, TX 79103-1622

$177,294 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,265 Sq Ft
price_per_sqft$138.34 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesBrick
Lot Size6,970 sqft

Building Information

Year Built1951
Stories1
Roof Type105

Land Information

APNR-026-0400-3590
Lot Number8
SubdivisionGlenwood Addn
Land UseResidential
Legal DescriptionGLENWOOD ADDN, LOT 008, BLK 0095
Census Tract010600
Assessed Land Value$5,000
Assessed Improvement Value$117,031
Assessment Year2025

About this property

BACK ON THE MARKET DUE TO BUYER'S FINANCING FALLING THROUGH-2609 AND 2611 S MIRROR BEING SOLD TOGETHER!!! This property offers a unique opportunity with the additional CORNER LOT( fully fenced) included on the sale (2611 S MIRROR). Offering valuable space and development potential. Zoning allows commercial-residential-multifamily-mobile homes (type C). This updated 3-bds, 2-bath home offers comfort, space, and great investement potential. The interior has been remodeled and features tile flooring throughout. The property also includes a separate back house that, with some finishing touches, could be transformed into a studio-perfect for guests, workspace or additional income potential.

Investor Tools

Property Icon
$173,000
Estimated Property Value
$51,349Estimated Mortgage Balance
$121,651Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$177,294
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,697
$122,031
2025
$5,000
$117,031
$122,031
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,697
$122,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ramon Fuentes Etux
Seller Carryback / Seller Financing / Seller Take-Back
$65,000
No
First
Jul 13, 2016
Apr 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,349
$121,651
70%
30%
$390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,030/mo
$390/mo
+$640/mo
7.1%

City: Amarillo

2609 S MIRROR Street, Amarillo, TX 79103-1622 | Property Details | No Agent List