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$342,000

3515 TRIPP Avenue, Amarillo, TX, 79121

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.8 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Cooktop

Exterior

Lot Size7,841 sqft

Building Information

Year Built1994
Roof Type112
Garage Spaces3

Land Information

APNR-073-0530-0465
Lot Number44
SubdivisionSleepy Hollow # 4
Land UseResidential
Legal DescriptionSLEEPY HOLLOW # 4, LOT 044, BLK 0002
Census Tract021604
Assessed Land Value$32,882
Assessed Improvement Value$297,160
Assessment Year2025

About this property

Located in the desirable Sleepy Hollow neighborhood. This 3 bed, 2 1/2 bath home offers space and comfort with a finished basement (not included in square footage). The kitchen features granite countertops, double ovens, a 5-burner cooktop, and a large walk-in pantry. The isolated primary suite includes a jetted tub, double vanity, walk-in shower, and oversized closet. Enjoy a 3-car garage with storage shed, plus great outdoor living with a side patio and large covered backyard patio surrounded by a privacy fence. A fantastic home in one of the area's most sought-after neighborhoods! Schedule your showing today! *NEW ROOF WILL BE INSTALLED PRIOR TO CLOSING*

Investor Tools

Property Icon
$342,000
Estimated Property Value
$0Estimated Mortgage Balance
$342,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,147
$330,042
2025
$32,882
$297,160
$330,042
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,147
$330,042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$342,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
N/A
+$1,400/mo
4.9%

Learn About the Market: Opportunity in Texas

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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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3515 TRIPP Avenue | Property Details | No Agent List