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$7,875

3002 Farmyard Drive, Amarillo, TX, 79124

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.62 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size5,837 sqft

Building Information

Garage Spaces2

Land Information

APN000000313419
SubdivisionHomestead # 3
Land UseVacant Land
Legal DescriptionHOMESTEAD # 3, LOT 010, BLK 0011, 0.1341 ACRES
Census Tract021611
Assessed Land Value$7,875
Assessment Year2025

About this property

This beautifully crafted Betenbough home is located on a desirable corner lot in Amarillo's growing community Homestead. The spacious layout offers bright, open spaces that feel instantly inviting the moment you step in. This home also comes with an incredible $9,000 Use-It-Your-Way incentive. Beautiful, practical, and perfectly positioned, this corner-lot home is ready for its next owner.

Investor Tools

Property Icon
$7,875
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$7,875
2025
$7,875
N/A
$7,875
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$7,875

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Mortgage Corp
Fha
$254,308
Yes
First
Feb 6, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,206
N/A
0%
3215%
$1,525/mo

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.

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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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3002 Farmyard Drive | Property Details | No Agent List