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$317,000

3702 Torre Dr, Amarillo, TX, 79109

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,010 Sq Ft
price_per_sqft$157.71 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size9,583 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-065-2200-9017
SubdivisionRidgecrest Addn # 7
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 7, BLK 0039, N 56.96FT OF 9 & S 18.04 FT OF 10
Census Tract021200
Assessed Land Value$17,250
Assessed Improvement Value$230,556
Assessment Year2025

About this property

Unique and incredible space awaits you in this remarkable Ridgecrest home with its own 13,000 gallon Koi Pond, fully stocked with healthy Koi. Enjoy the heated and cooled sunroom, perfect for year round relaxation and recently serviced hot tub. Additional improvements include a lifetime metal roof, maintenance free metal siding in areas where there is no brick, tankless water heater, recently replaced sewer line under the slab. Water and gas lines replaced from the home to the alley. Bedrooms feature carpet while the remainder of the home has ceramic tile. Front and back sprinkler system allow for lower maintenance yard. These sellers are motivated so please bring us an offer.

Investor Tools

$0Estimated Mortgage Balance
$254,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

Interested in this property?

Debbie Dodson

Coldwell Banker First Equity

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,381
$247,806
2025
$17,250
$230,556
$247,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,381
$247,806

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
N/A
+$1,430/mo
6.8%

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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3702 Torre Dr | Property Details | No Agent List