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$185,000

333 Fairlane St, Amarillo, TX, 79108

$223,845 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,474 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.51 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Cooktop, Dishwasher, Refrigerator, Ice Maker, Gas Water Heater

Exterior

Lot Size18,295 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-018-7500-0230
Lot Number23
SubdivisionFairlane Acres # 1
Land UseResidential
Legal DescriptionFAIRLANE ACRES # 1, LOT 023, BLK 0001
Census Tract015100
Assessed Land Value$12,150
Assessed Improvement Value$187,682
Assessment Year2025

About this property

Owner Financing. $5000 down plus escrows for taxes and insurance estimated at $4400 equaling $9400 to close. Interest rate 7 %, 30 yr note of $184,000. No closing costs. Lots of improvements including paint, sinks, counter tops, tile flooring, ceiling fans, original hardwoods, refrigerator ('23) new fencings. Home Warranty provided by Seller. Prepaids to close - $4400 ($300/mo for taxes and with good credit, Ins might be $250/mo) added to $1224 P & I equals $1774 monthly payment. Owner is a Realtor/Broker. Call/Text for brochures

Investor Tools

$179,481Estimated Mortgage Balance
$20,351Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$223,844
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

David Cook

Customer First Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,392
$199,832
2025
$12,150
$187,682
$199,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,392
$199,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David A Cook
Unknown
$180,000
No
First
Mar 2, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,481
$20,351
10%
90%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$1,080/mo
+$320/mo
8.4%

City: Amarillo

333 Fairlane St | Property Details | No Agent List