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$208,000

NAL Estimated Property Value

3603 HANCOCK Street, Amarillo, TX, 79109

$241,607 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,398 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.21 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size7,405 sqft

Building Information

Year Built1962
Stories1
Roof Type183
Garage Spaces1

Land Information

APNR-065-2200-0500
Lot Number2
SubdivisionRidgecrest Addn # 8
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 8, LOT 002, BLK 0007
Census Tract021200
Assessed Land Value$12,500
Assessed Improvement Value$157,326
Assessment Year2025

About this property

Truly too good to be true! Beautifully and professionally decorated, you'll notice the perfect blend of style, comfort, and functionality. Elegant finishes, cohesive color palettes, and high-end design elements create a warm yet sophisticated atmosphere throughout. Every room flows seamlessly. Gorgeous wood floors, a stunning mantle and fireplace, painted designer-color cabinetry with updated countertops, a built-in hutch in the dining room, shutters, custom blinds, and updated fixtures. The home offers a comfortable and functional layout with a primary bedroom featuring a ¾ bath, plus two additional bedrooms and a hall bath. Pretty backyard provides the perfect outdoor retreat with a outdoor retreat with a patio, storage building and a storm shelter.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$39,943Estimated Mortgage Balance
$168,057Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$241,606
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$818
$169,826
2025
$12,500
$157,326
$169,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$818
$169,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$40,000
No
First
Apr 29, 2026
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,943
$168,057
80%
19%
$240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$240/mo
+$1,190/mo
8.3%

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.

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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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3603 HANCOCK Street | Property Details | No Agent List