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$165,000

2851 Augusta Avenue, Amarillo, TX, 79124

On MarketInfo

About this property

A rare opportunity for Amarillo, these acreage homesites bring the elbow room and rolling hill scenery you won't find anywhere else this close to town. Each lot offers approximately an acre, giving you space to build your dream home and a shop, with plenty of room left over. Significant investment has already gone into drainage infrastructure for this development, giving future homeowners real peace of mind, a rare and valuable feature for acreage property. Water wells are proven, and utilities are readily available, making it easy to build with confidence. Enjoy easy access to Loop 335 and a quick, convenient drive, just five miles to Amarillo's Medical District. Located outside city limits, these lots offer the freedom and privacy of country living while staying just a few miles from all the shopping, dining, and amenities Amarillo has to offer. No neighborhood behind you, no neighborhood in front, just wide open Panhandle sky and space to spread out. Whether you're ready to build now or want to secure your spot in one of Amarillo's most unique new developments, this is a rare chance to get land like this so close to the city. Come see it for yourself, lots like these don't come around often.

Investor Tools

$0Estimated Mortgage Balance
$165,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Cambry Brorman

Lyons Realty

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Financing Details

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

City: Amarillo