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$106,000

NAL Estimated Property Value

3409 Martin Rd, Amarillo, TX, 79107

$107,554 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths956 Sq Ft
price_per_sqft$109.83 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRange, Oven

Exterior

Lot Size6,534 sqft

Building Information

Year Built1954
Stories1
Roof Type105

Land Information

APNR-044-8500-1779
Lot Number11
SubdivisionMartin Addn # 11
Land UseResidential
Legal DescriptionMARTIN ADDN # 11, LOT 011, BLK 0016
Census Tract015000
Assessed Land Value$6,457
Assessed Improvement Value$96,543
Assessment Year2025

About this property

Welcome to this well-maintained 3-bedroom, 1-bath home featuring central heat and air, updated vinyl flooring, and new carpet. Exterior highlights include a large driveway offering generous off-street parking and two storage sheds in the backyard. Move-in ready and conveniently located in the Martin Road neighborhood!

Investor Tools

Property Icon
$106,000
Estimated Property Value
$94,228Estimated Mortgage Balance
$11,772Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$107,553
Rent-to-Value Ratio: 0.72%
Rent Estimate
$636 /month
Positive
Cash Flow Estimate:
$212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,119
$103,000
2025
$6,457
$96,543
$103,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,119
$103,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Conventional
$94,500
No
First
Mar 16, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,228
$11,772
11%
89%
$567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$567/mo
+$405/mo
11.0%

City: Amarillo

3409 Martin Rd | Property Details | No Agent List