$198,000
NAL Estimated Property Value2808 Steves Way Ste Ves, Amarillo, TX, 79118
$200,568 ARV
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher
Exterior
Exterior FeaturesBrick
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
$198,000
Estimated Property Value
$148,838Estimated Mortgage Balance
$49,162Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$200,567
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month
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%
