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$161,000

NAL Estimated Property Value

4009 Pinon Ave, Amarillo, TX, 79107

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.8 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
AppliancesNone

Exterior

Lot Size6,534 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APNR-044-9300-3350
Lot Number8
SubdivisionMesa Verde Addn # 2
Land UseResidential
Legal DescriptionMESA VERDE ADDN # 2, LOT 008, BLK 0008
Census Tract014100
Assessed Land Value$6,000
Assessed Improvement Value$24,000
Assessment Year2025

About this property

UPDATED AND READY FOR NEW TENANTS WITH UPDATED FLOORING, NEWER INTERIOR PAINTS, NEWER FIXTURES, BEAUTIFUL BATHROOM WITH TILED TUB SURROUND, WASHER AND DRYER HOOK-UP, LARGE LIVING ROOM, OPEN FLOOR PLAN AND ADDITIONAL HEATED AND COOLED STORAGE SPACE THAT COULD BE USED AS A 2ND LIVING AREA OR GAME ROOM.

Investor Tools

Property Icon
$161,000
Estimated Property Value
$63,661Estimated Mortgage Balance
$97,339Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$966 /month
Positive
Cash Flow Estimate:
$322 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,545
$30,000
2025
$6,000
$24,000
$30,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,545
$30,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Bank
Commercial
$65,000
No
First
Mar 4, 2025
Mar 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,661
$97,339
60%
40%
$390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$390/mo
+$932/mo
9.9%

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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4009 Pinon Ave | Property Details | No Agent List