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$342,000

NAL Estimated Property Value

3701 Running M Trl, Amarillo, TX, 79118

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,928 Sq Ft
price_per_sqft$117.83 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesMicrowave, Cooktop

Exterior

Exterior FeaturesBrick, Balcony
Lot Size27,007 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APNR-065-2150-0140
Lot Number15
SubdivisionRichland Acres # 1
Land UseResidential
Legal DescriptionRICHLAND ACRES # 1, LOT 015, BLK 0001, 0.6200 ACRES
Census Tract021702
Assessed Land Value$12,500
Assessed Improvement Value$159,541
Assessment Year2025

About this property

Welcome home to this beautiful 3 bedroom 2 bath Ranch-style gem that sits on almost two acres of land per seller, perfectly blends comfort, space, and country charm! Step inside to find an open and airy layout with cozy living spaces and plenty of natural light. Upstairs, you'll discover a private bedroom that opens to a peaceful balcony -- the perfect spot to enjoy your morning coffee or a quiet evening under the stars. Outdoors you have, a workshop, shed and a covered outdoor patio. This home has all the room you need to grow, relax, and make memories. 24 HOURS NOTICE FOR SHOWINGS.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$105,677Estimated Mortgage Balance
$236,323Estimated Equity
69% 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
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,464
$172,041
2025
$12,500
$159,541
$172,041
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,464
$172,041

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Stand Alone First / Home Equity First Lien
$132,000
No
First
Nov 28, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,677
$236,323
69%
31%
$792/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$792/mo
+$748/mo
5.4%

City: Amarillo

3701 Running M Trl | Property Details | No Agent List