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$198,000

NAL Estimated Property Value

2808 Steves Way Ste Ves, Amarillo, TX, 79118

$202,548 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.29 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size3,049 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-073-1810-8060
Lot Number13
SubdivisionSouth Side Acres # 17
Land UseResidential
Legal DescriptionSOUTH SIDE ACRES # 17, LOT 013, BLK 0004, 0.0700 ACRES
Census Tract022001
Assessed Land Value$13,721
Assessed Improvement Value$157,801
Assessment Year2025

About this property

Clean, cute, and truly move-in ready! This updated 2-bed, 2-bath, 2-car-garage home features an open floor plan, new carpet, new paint, and new tile in the master bath. Both bedrooms are isolated for privacy. The kitchen offers granite countertops, and the washer & dryer stay. The master suite includes double vanities, a separate walk-in shower, a large soaking tub, and a spacious walk-in closet. Perfect for anyone wanting to downsize or simplify with a low-maintenance, single-story home! Owner/broker

Investor Tools

Property Icon
$198,000
Estimated Property Value
$148,838Estimated Mortgage Balance
$49,162Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$202,547
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,037
$171,522
2025
$13,721
$157,801
$171,522
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,037
$171,522

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Unknown
$149,925
No
First
Dec 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,838
$49,162
24%
75%
$899/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,130/mo
$899/mo
+$231/mo
6.8%

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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2808 Steves Way Ste Ves | Property Details | No Agent List