$75,000
3007 WALNUT Street, Amarillo, TX, 79107
$85,123 ARV
On Market
Property Lead Type:
Must-SellHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size7,405 sqft
Building Information
Year Built1960
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-035-3460-5380
Lot Number2
SubdivisionHamlet # 5
Land UseResidential
Legal DescriptionHAMLET # 5, LOT 002, BLK 0048
Census Tract013900
Assessed Land Value$3,270
Assessed Improvement Value$92,504
Assessment Year2025
About this property
CONVENTIONAL OR CASH ONLY!! Perfect investment opportunity in Hamlet! Incredible potential for a full remodel with 3 spacious bedrooms, 1 full bathroom, plus a carport. Don't miss out, bring your vision and create a turnkey gem!
Investor Tools
$32,446Estimated Mortgage Balance
$79,554Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$85,122
Rent-to-Value Ratio: 0.72%
Rent Estimate
$672 /month
Positive
Cash Flow Estimate:
$224 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$724
$95,774
2025
$3,270
$92,504
$95,774
No
Tax History
Year
Tax Paid
Assessed Value
2024
$724
$95,774
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$63,000
No
First
Nov 17, 2005
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,446
$79,554
71%
29%
$372/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$372/mo
+$950/mo
14.2%
