$120,000
310 S PROSPECT Street, Amarillo, TX, 79106
On Market
Commercial
Highlights
Interior
AppliancesRefrigerator, Range
Exterior
Lot Size6,970 sqft
Building Information
Year Built1926
Stories1
Roof Type112
Land Information
APNR-069-1000-9070
Lot Number4
SubdivisionSan Jacinto Heights
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS, LOT 004, BLK 0230
Census Tract015300
Assessed Land Value$6,500
Assessed Improvement Value$82,670
Assessment Year2025
About this property
Looking to jump into real estate investing or add more doors to your portfolio? This cash-flowing duplex is your opportunity! With two 1 bed, 1 bath units (each 612 sq ft), this property is already leased and bringing in rental income from day one. Easy-to-manage layout with separate entrances and classic traditional style. Sitting on a spacious lot, this is a solid addition for any investor seeking steady occupancy and long-term potential. Snag this investment opportunity before it's gone!
Investor Tools
$214,772Estimated Mortgage Balance
$119,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,390
$89,170
2025
$6,500
$82,670
$89,170
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,390
$89,170
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocity Commercial Capital Llc
Commercial
$226,500
No
First
Jul 6, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,772
N/A
0%
180%
$1,358/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$1,358/mo
+$184/mo
15.5%
