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$249,500

3306 Reeder Dr, Amarillo, TX, 79121

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,436 Sq Ft
price_per_sqft$173.75 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRefrigerator, Range, Dishwasher

Exterior

Private PoolPrivate Pool
Exterior FeaturesBrick
Lot Size8,712 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-065-1590-2730
Lot Number4
SubdivisionPuckett West # 4
Land UseResidential
Legal DescriptionPUCKETT WEST # 4, LOT 004, BLK 0027
Census Tract021603
Assessed Land Value$23,958
Assessed Improvement Value$190,743
Assessment Year2025

About this property

GORGEOUS UPDATED HOME & KITCHEN & HUGE 16x32 SHOP that fits 2 cars! Library built-ins, kitchen remodeled, new flooring, NICE gas stove, fresh paint, updated bathrooms, isolated master, large den w/vaulted ceiling, wood burning fireplace. sprinkler, soft water, anti-allergy air filtration system, new water heater, class 3 roof, siding, gutter, new windows. storm doors, big utility room and newer gas line to house. Mature landscaping. HUGE oak in the front, fun backyard with a large extended patio AND front and back outdoor lighting. LOTS OF SHELVING! Close to amenities like shopping, banking, the best restaurants, coffee shops and more. Highly sought after school district and a GREAT PLACE TO CALL HOME. Give me a call to take a look!

Investor Tools

$115,073Estimated Mortgage Balance
$123,927Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,497 /month
Positive
Cash Flow Estimate:
$499 /month

Interested in this property?

LuAnn Taylor

Keller Williams Realty Amarillo

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,042
$214,701
2025
$23,958
$190,743
$214,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,042
$214,701

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Conventional
$129,000
No
First
Nov 10, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,073
$123,927
51%
48%
$774/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$774/mo
+$626/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3306 Reeder Dr | Property Details | No Agent List