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$102,763

NAL Estimated Property Value

2805 Palm St, Amarillo, TX, 79107

$114,555 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths954 Sq Ft
price_per_sqft$99.58 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Range

Exterior

Exterior FeaturesVinyl Siding, Brick
Lot Size7,841 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-035-3460-4630
Lot Number11
SubdivisionHamlet # 5
Land UseResidential
Legal DescriptionHAMLET # 5, LOT 011, BLK 0044
Census Tract013900
Assessed Land Value$3,315
Assessed Improvement Value$99,448
Assessment Year2025

About this property

Welcome home in the heart of Hamlet! The open-concept layout creates a bright and inviting living space, with the third bedroom currently used as a dining room, providing flexibility to suit your needs. The kitchen features convenient in-kitchen laundry, maximizing efficiency and ease of living. A one-car garage adds valuable storage and parking, while the spacious backyard offers plenty of room for outdoor entertaining, gardening, or future expansion. An excellent opportunity for first-time buyers, downsizers, or investors, you don't miss this great home. Schedule your showing today!

Investor Tools

Property Icon
$102,763
Estimated Property Value
$455Estimated Mortgage Balance
$102,308Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$114,554
Rent-to-Value Ratio: 0.72%
Rent Estimate
$617 /month
Positive
Cash Flow Estimate:
$206 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$439
$102,763
2025
$3,315
$99,448
$102,763
No

Tax History

Year
Tax Paid
Assessed Value
2024
$439
$102,763

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Moser Investments
Unknown
$15,804
No
First
Jul 1, 2011
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455
$102,308
99%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
15.4%

City: Amarillo