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$267,000

NAL Estimated Property Value

4004 Linda Drive, Amarillo, TX, 79109

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,592 Sq Ft
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Washer, Microwave, Dryer, Dishwasher, Refrigerator

Exterior

Lot Size6,098 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-9200-7010
Lot Number3
SubdivisionMays Ranches # 5
Land UseResidential
Legal DescriptionMAYS RANCHES # 5, LOT 003, BLK 0004
Census Tract021101
Assessed Land Value$10,500
Assessed Improvement Value$190,993
Assessment Year2025

About this property

Check out this very cozy home with character in Paramount! 2 bedroom, 2 bath with a 2 car front access garage! Living room has vaulted ceiling and a fireplace that adds even more to the coziness of the home! Main bedroom has nice on suite bathroom! Back yard has a covered patio and is fenced. Home comes fully equipped with washer/dryer, refrigerator, range, microwave, and dishwasher! $15 additional monthly fee will apply to cover quarterly maintenance package.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$155,919Estimated Mortgage Balance
$111,081Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,507
$201,493
2025
$10,500
$190,993
$201,493
No

Tax History

Year
Tax Paid
Assessed Value
2018
$5,507
$201,493

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tvc Funding Vi Llc
Commercial
$159,200
No
First
Mar 20, 2025
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,919
$111,081
41%
58%
$955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$955/mo
+$95/mo
4.7%

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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4004 Linda Drive, Amarillo, TX 79109 | Property Details | No Agent List