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$149,549

NAL Estimated Property Value

311 N PALO DURO, Amarillo, TX, 79106

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths931 Sq Ft
price_per_sqft$145.01 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRange

Exterior

Lot Size7,405 sqft

Building Information

Year Built1952
Stories1
Roof Type105

Land Information

APNR-009-3600-0920
Lot Number1
SubdivisionCrestview # 1
Land UseResidential
Legal DescriptionCRESTVIEW # 1, LOT 001, BLK 0004
Census Tract013200
Assessed Land Value$7,500
Assessed Improvement Value$142,049
Assessment Year2025

About this property

Don't miss out on this opportunity. 2 homes for the price of 1 ! Rear Apt. rents for 500. month has a 10 yrs long tenant that wants to stay. Front house could be primary residence or another residence.

Investor Tools

Property Icon
$149,549
Estimated Property Value
$91,683Estimated Mortgage Balance
$57,866Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$897 /month
Positive
Cash Flow Estimate:
$299 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,459
$149,549
2025
$7,500
$142,049
$149,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,459
$149,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Commercial
$31,761
No
First
Mar 24, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,683
$57,866
38%
61%
$611/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$611/mo
+$361/mo
7.8%

City: Amarillo

311 N PALO DURO | Property Details | No Agent List