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$499,900

351 Cactus Dr, Amarillo, TX, 79118

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,250 Sq Ft
price_per_sqft$222.18 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Microwave, Dishwasher, Cooktop

Exterior

Private PoolPrivate Pool
Exterior FeaturesBrick
Lot Size4.90 acres

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-078-1930-0740
Lot Number6
SubdivisionTimbercreek Canyon # 7
Land UseResidential
Legal DescriptionTIMBERCREEK CANYON # 7, LOT 006, BLK 0002, 4.9000 ACRES
Census Tract021900
Assessed Land Value$103,000
Assessed Improvement Value$350,564
Assessment Year2025

About this property

PROFESSIONAL PHOTOS COMING SOON! Adorable Country Home in Scenic Timbercreek Canyon on ±4.9 Acres w/many upgrades!AMAZING IN-GROUND HEATED POOL & Hot Tub with surrounding Turf Grass. Fantastic CURB APPEAL. Welcoming OPEN FLOORPLAN. Spacious Living Room features a pretty FP. Knockout Kitchen with GAS Cooktop, Vent Hood, Granite & Breakfast Bar. Office/Study. Bay Windows. Private Master Suite including spa-like retreat bathroom. New windows, Carpet & Pergola. Jack N Jill Bathroom. Surrounded by nature & Gorgeous Views. Separate Workshop & Carport. Fully fenced on 3 sides of the property. Community amenities including its own fire station, playground & newer Senior/Activity Center. A rare opportunity to enjoy privacy, acreage, and resort-style living in Timbercreek Canyon!

Investor Tools

$117,186Estimated Mortgage Balance
$336,378Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Hagan Hudson

Hagan Hudson Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,038
$453,564
2025
$103,000
$350,564
$453,564
No

Tax History

Year
Tax Paid
Assessed Value
2018
$1,038
$453,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$133,550
No
First
May 19, 2020
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,186
$336,378
74%
26%
$801/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,551/mo
$-11/mo
4.1%

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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