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$396,000

NAL Estimated Property Value

2920 W Mccormick Rd, Amarillo, TX, 79118

Recently SoldInfo
9/29/26
Beds4 Beds
Baths3 Bath
Baths2,227 Sq Ft
price_per_sqft$172.88 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
AppliancesRange, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size1.29 acres

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-052-3220-3580
Lot Number2
SubdivisionMccormick Estates # 9
Land UseResidential
Legal DescriptionMCCORMICK ESTATES # 9, LOT 002, BLK 0010, 1.2900 ACRES
Census Tract021706
Assessed Land Value$15,400
Assessed Improvement Value$343,411
Assessment Year2025

About this property

Brand new WELL by Currie Drilling on this charming country home yet close to Amarillo and Canyon. Vaulted ceilings with some updated touches, storage, spacious lot with 1.29 acres and a hop! This is priced hot and ready to fly off the market!

Investor Tools

Property Icon
$396,000
Estimated Property Value
$277,829Estimated Mortgage Balance
$119,118Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,472
$358,811
2025
$15,400
$343,411
$358,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,472
$358,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Unknown
$293,000
No
First
Sep 14, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,829
$188,171
40%
70%
$1,757/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,757/mo
+$33/mo
5.4%

City: Amarillo