Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,200,000

NAL Estimated Property Value

408 N Shore Dr, Amarillo, TX, 79118

$1,474,140 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,652 Sq Ft
price_per_sqft$436.75 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Disposal, Wine Refrigerator, Refrigerator, Oven, Microwave, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size10,454 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-044-3900-2940
SubdivisionLake Tanglewood
Land UseResidential
Legal DescriptionLAKE TANGLEWOOD, BLK 0009, ALL OF 1 LESS 40SF TRI BEG AT NW COR OF LOT PLUS 73SF TRI ON N LINE BEING IN SECT 24 BLK 6 I&GN, 0
Census Tract021702
Assessed Land Value$300,000
Assessed Improvement Value$900,000
Assessment Year2025

About this property

Escape to your own lakefront retreat. This beautifully designed 3-bedroom, 3.5-bath home offers breathtaking water views from nearly every room. The open-concept living area flows seamlessly onto a spacious patio perfect for entertaining or relaxing as the sun sets over the lake. The primary suite features a spa-like bathroom and patio overlooking the water, while each additional bedroom includes its own en-suite bath for ultimate comfort and privacy. Step outside to enjoy direct lake access, ideal for boating, fishing, or simply unwinding. Whether you're looking for a full-time residence, or vacation home this home delivers the perfect blend of luxury and tranquility. Fully equipped boathouse with electrical access, just seconds from prime area for skiing and wake surfing

Investor Tools

Property Icon
$1,200,000
Estimated Property Value
$979,830Estimated Mortgage Balance
$220,170Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,570 /month
Positive
Cash Flow Estimate:
$3,190 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,825/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,900
$1,200,000
2025
$300,000
$900,000
$1,200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,900
$1,200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$1,000,000
No
First
Nov 3, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$979,830
$220,170
18%
82%
$7,690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$7,956/mo
$-6,416/mo
1.5%

City: Amarillo

408 N Shore Dr | Property Details | No Agent List