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$83,000

304 TEAKWOOD Street, Amarillo, TX, 79107

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,003 Sq Ft
Year BuiltBuilt in 1961

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit

Exterior

Lot Size6,970 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-035-3480-0060
Lot Number12
SubdivisionHamlet # 6
Land UseResidential
Legal DescriptionHAMLET # 6, LOT 012, BLK 0052
Census Tract013900
Assessed Land Value$3,100
Assessed Improvement Value$101,129
Assessment Year2025

About this property

A great opportunity for a first-time home buyer! This 3-bedroom, 1-bath home at 304 Teakwood Street in the Hamlet neighborhood offers comfortable living in a convenient location just minutes from Wonderland Park. The home features a 1-car garage and a functional layout with plenty of potential to make it your own. Enjoy the charm of the neighborhood and the ease of being close to parks, local attractions, and everyday essentials--perfect for buyers looking to get started in Amarillo

Investor Tools

Property Icon
$126,000
Estimated Property Value
$0Estimated Mortgage Balance
$91,718Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month

Interested in this property?

Lori Cowan

Copper Plains Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,036
$104,229
2025
$3,100
$101,129
$104,229
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,036
$104,229

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Solutions Funding Mortgage Co
Unknown
$65,000
No
First
Dec 20, 2007
Jan 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,282
$91,718
72%
27%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
N/A
+$1,322/mo
12.6%

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.

Explore Texas Explore This Area
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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304 TEAKWOOD Street, Amarillo, TX 79107 | Property Details | No Agent List