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$359,338

3627 Tripp Ave, Amarillo, TX, 79121

$397,210 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.39 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Cooktop, Gas Water Heater

Exterior

Lot Size8,712 sqft

Building Information

Year Built1981
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR-073-0530-2721
Lot Number13
SubdivisionSleepy Hollow # 18 Amd
Land UseResidential
Legal DescriptionSLEEPY HOLLOW # 18 AMD, LOT 013, BLK 0013
Census Tract021604
Assessed Land Value$35,088
Assessed Improvement Value$324,250
Assessment Year2025

About this property

Discover this stunning home in Sleepy Hollow where natural light shines throughout every space. With exquisite finishes and abundant storage, this residence offers everything you need and more. Enjoy a spacious living room with fireplace, a cozy den featuring a wet bar and a versatile sunroom. You will be truly impressed by the quality and craftsmanship of this home built in 1981 for the Parade of Homes. The recently replaced 50 gallon water heater also has a new re-circulating hot water pump. Each room features a different ceiling. The kitchen is in the heart of the home and looks into the den. The dining room allows for comfortably entertaining family and guests. Class 4 Roof. The remodeled primary bath has added storage and an easy walk-in shower. Don't miss out, schedule your showing today and experience the charm for yourself

Investor Tools

Property Icon
$359,338
Estimated Property Value
$334,400Estimated Mortgage Balance
$25,903Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$397,209
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,592
$359,338
2025
$35,088
$324,250
$359,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,592
$359,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Unknown
$334,400
No
First
Mar 2, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,435
$25,903
7%
93%
$2,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$2,005/mo
$-605/mo
4.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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3627 Tripp Ave | Property Details | No Agent List