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$130,000

NAL Estimated Property Value

401 N Fairmont St, Amarillo, TX, 79106

$131,117 ARVInfo
Recently SoldInfo
8/12/26
Beds1 Beds
Baths1 Bath
Baths1,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$27.41 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size6,970 sqft

Building Information

Year Built1927
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-069-1000-6456
Lot Number1
SubdivisionSan Jacinto Heights
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS, LOT 001, BLK 0171
Census Tract015300
Assessed Land Value$6,500
Assessed Improvement Value$72,079
Assessment Year2025

About this property

Fixer up with an occupied back house! This house is perfect for anyone looking for a project. The back house is tenant occupied and the front house is ready for someone to come in and remodel it!

Investor Tools

Property Icon
$130,000
Estimated Property Value
$723,087Estimated Mortgage Balance
$130,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$131,116
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,684
$78,579
2025
$6,500
$72,079
$78,579
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,684
$78,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Open End Mortgage / Open End With Future Advance Clause
$727,299
No
First
Jan 31, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$723,087
N/A
0%
556%
$4,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$778/mo
$4,361/mo
$-3,583/mo
7.2%

City: Amarillo