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$185,000

3113 Lynette Dr, Amarillo, TX, 79109

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,556 Sq Ft
price_per_sqft$118.89 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size7,841 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-4800-1565
Lot Number8
SubdivisionLawrence Park Addn # 4
Land UseResidential
Legal DescriptionLAWRENCE PARK ADDN # 4, LOT 008, BLK 0013
Census Tract020300
Assessed Land Value$8,910
Assessed Improvement Value$180,751
Assessment Year2025

About this property

Move in ready and affordable 3 bedroom, 2 bathroom brick home for sale with central heat and air! Recently updated with brand new carpet, flooring, fixtures, and paint. You'll love this one with its huge living room, oversized utility room with pantry, and tons of storage through out. All bedrooms are good sized, owners suite includes a walk in shower. 4 car carport in the back along with an insulated metal workshop with electric, ac, and bathroom hook ups. Backyard is large with a 6 foot privacy fence, concrete patio, all sitting on a large corner lot. You won't want to miss this one.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$85,000Estimated Mortgage Balance
$126,493Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

Interested in this property?

Haley Sutter

2015 Real Estate, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,533
$189,661
2025
$8,910
$180,751
$189,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,533
$189,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$85,000
No
First
Sep 17, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,507
$126,493
63%
36%
$510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$510/mo
+$920/mo
8.7%

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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