$169,000
NAL Estimated Property Value3616 S MILAM Street, Amarillo, TX, 79109
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Exterior FeaturesBalcony, Courtyard
Lot Size3,049 sqft
Building Information
Year Built1982
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR-061-4000-4280
Lot Number9
SubdivisionParamount Addn # 8 Amd
Land UseResidential
Legal DescriptionPARAMOUNT ADDN # 8 AMD, LOT 009, BLK 0015
Census Tract020400
Assessed Land Value$9,000
Assessed Improvement Value$139,574
Assessment Year2025
About this property
Beautiful low-maintenance townhome located in the desirable Wolflin neighborhood. This charming two-story home features 2 bedrooms, 2 baths, and a detached 2-car garage. Fresh paint and abundant natural light create a bright, inviting atmosphere throughout. Enjoy both a private front courtyard and rear courtyard, perfect for relaxing or entertaining. Conveniently located near shopping, dining, and medical facilities, this townhome offers comfort, style, and easy living in one of Amarillo's most sought-after areas.
Investor Tools
$169,000
Estimated Property Value
$78,251Estimated Mortgage Balance
$90,749Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$296/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,701
$148,574
2025
$9,000
$139,574
$148,574
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,701
$148,574
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank Southwest
Unknown
$92,800
No
First
Aug 31, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,251
$90,749
53%
46%
$557/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$557/mo
+$493/mo
7.5%
