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$148,000

NAL Estimated Property Value

3609 TECKLA Boulevard, Amarillo, TX 79109-4345

$192,353 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,459 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.12 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
AppliancesOven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size7,841 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-065-2200-1480
Lot Number5
SubdivisionRidgecrest Addn # 5
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 5, LOT 005, BLK 0015
Census Tract021200
Assessed Land Value$12,900
Assessed Improvement Value$134,312
Assessment Year2025

About this property

'FABULOUS INVESTMENT'' This home has a great tenant already in place. Add this great opportunity to your Portfolio or begin a new adventure with this property. Renter Occupied! Very spacious. Very nice!!!

Investor Tools

Property Icon
$148,000
Estimated Property Value
$67,295Estimated Mortgage Balance
$80,705Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$192,353
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,022
$147,212
2025
$12,900
$134,312
$147,212
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,022
$147,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Purchase Money Mortgage
$73,832
No
First
Oct 5, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,295
$80,705
54%
45%
$443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$443/mo
+$987/mo
11.6%

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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3609 TECKLA Boulevard, Amarillo, TX 79109-4345 | Property Details | No Agent List