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$878,500

28 Barndo Drive, Amarillo, TX 79124-1118

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths4,376 Sq Ft
price_per_sqft$200.75 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick, Balcony, Courtyard, Outdoor Kitchen
Lot Size1.02 acres

Building Information

Year Built2021
Stories2
Garage Spaces3

Land Information

APN000000303408
Lot Number15
SubdivisionLooby Acres # 1
Land UseResidential
Legal DescriptionLOOBY ACRES # 1, LOT 015, BLK 0001, 1.0200 ACRES
Census Tract021708
Assessed Land Value$30,500
Assessed Improvement Value$713,031
Assessment Year2025

About this property

Amazing BARNDO on an acre lot nestled in a quiet cul-de-sac. This former PARADE HOME offers the perfect blend of comfort, style, and functionality. The heart of the home features a spacious open-concept layout with an inviting kitchen that flows effortlessly into the living and dining areas. 3 car garage & a 40X60 SHOP w/powder bath & built-in bar. The shop is perfect for entertaining with lots of space for additional vehicles and ''toys''. Designed with convenience in mind, the private primary suite is located downstairs with a lovely bath and built-in fireplace. Another owner's suite located upstairs features a fireplace & balcony. 2 additional bedrooms downstairs with bath. Fenced yard with in-ground hot tub & shower area equipped with another built-in bar on the patio. Storage Galore!

Investor Tools

$687,090Estimated Mortgage Balance
$56,441Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,271 /month
Positive
Cash Flow Estimate:
$1,757 /month

Interested in this property?

Thomason Team

Llano Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,903
$743,531
2025
$30,500
$713,031
$743,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,903
$743,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Daniel L Odom
Unknown
$740,000
No
First
Jul 26, 2022
Jul 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$687,090
$56,441
7%
92%
$4,437/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$4,737/mo
$-2,947/mo
2.9%

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.

Explore Texas Explore This Area
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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28 Barndo Drive, Amarillo, TX 79124-1118 | Property Details | No Agent List