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$266,000

NAL Estimated Property Value

3319 Palmetto Trl, Amarillo, TX, 79106

$279,585 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size7,841 sqft

Building Information

Year Built1965
Stories1
Roof Type112
Garage Spaces1

Land Information

APNR-001-1800-5630
SubdivisionBelmar # 5
Land UseResidential
Legal DescriptionBELMAR # 5, BLK 0058, N 4FT OF 1 & S 62FT OF 2
Census Tract020100
Assessed Land Value$23,522
Assessed Improvement Value$229,880
Assessment Year2025

About this property

Welcome to this beautiful, well-maintained home in Belmar! This property offers a comfortable layout with TWO spacious living areas, a functional kitchen, and a cozy dining space. Plus it had 3 bedrooms and a flex space that could be an office or even a 4th bedroom! The bedrooms are nicely sized, and the primary suite includes its own private bathroom. Outside, you'll find a fenced backyard perfect for relaxing or hosting!

Investor Tools

Property Icon
$266,000
Estimated Property Value
$226,680Estimated Mortgage Balance
$39,320Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$279,584
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,785 /month
Positive
Cash Flow Estimate:
$595 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,554
$253,402
2025
$23,522
$229,880
$253,402
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,554
$253,402

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Fha
$245,471
Yes
First
Apr 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,680
$39,320
14%
85%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$1,472/mo
$-150/mo
6.0%

City: Amarillo