Last 24 Hours
$1,200
2818 Palm St, Amarillo, TX, 79107
On Market
Just Added
3 Beds
1 Bath
948 Sq Ft
$1.27 / sqft
Built in 1959Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating
CoolingExterior
Lot Size8,712 sqft
Building Information
Year Built1959
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-035-3460-5020
Lot Number24
SubdivisionHamlet # 5
Land UseResidential
Legal DescriptionHAMLET # 5, LOT 024, BLK 0045
Census Tract013900
Assessed Land Value$3,350
Assessed Improvement Value$98,139
Assessment Year2025
About this property
Fenced front & back yards, Luxury planks vinyl flooring, central H&A, range, refrigerator and 3 large storage buildings. 3 bedrooms, 1 bath and it is ready to move into now. Great location near Dumas Dr (Hwy ) and near the exits for NW 24th Ave and Hastings.
Investor Tools
$89,575Estimated Mortgage Balance
$35,920Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,251
$101,489
2025
$3,350
$98,139
$101,489
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,251
$101,489
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Conventional
$97,000
No
First
Jun 7, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,575
$43,425
32%
72%
$582/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$582/mo
+$740/mo
12.7%
12.4%