$119,000
NAL Estimated Property Value3202 Villa Pl, Amarillo, TX, 79109
Off Market
Property Lead Type:
BankruptcyAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesRange, Dishwasher
Exterior
Lot Size2,178 sqft
Building Information
Year Built1964
Stories2
Roof Type183
Garage Spaces1
Land Information
APNR-086-1600-4171
Lot Number1 - 7
SubdivisionWesthaven Park # 3 Repl
Land UseResidential
Legal DescriptionWESTHAVEN PARK # 3 REPL, LOT 1 THRU 7, BLK 0015, VILLA PREE CONDOMINIUM, APT # 3202 BLDG D
Census Tract020300
Assessed Land Value$2,916
Assessed Improvement Value$92,744
Assessment Year2025
About this property
Move in ready condo on a quiet cul-de-sac. Tenant is only responsible electric. Landlord pays for water, gas, yard maintenance and pool access. The condo has granite, vinyl flooring and newer appliances. Pets are $25 per pet, per month. Application fee of $40 for each person over 18.
Investor Tools
$119,000
Estimated Property Value
$82,069Estimated Mortgage Balance
$36,931Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,919
$95,660
2025
$2,916
$92,744
$95,660
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,919
$95,660
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Open End Mortgage / Open End With Future Advance Clause
$89,200
No
First
Feb 4, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,069
$36,931
31%
69%
$535/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$535/mo
+$515/mo
10.6%
