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$250,000

4218 Ross St, Amarillo, TX, 79118

$277,513 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.05 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size7,405 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-078-2014-6165
Lot Number10
SubdivisionTradewind Air Park # 8
Land UseResidential
Legal DescriptionTRADEWIND AIR PARK # 8, LOT 010, BLK 0029, 0.1700 ACRES
Census Tract022002
Assessed Land Value$17,500
Assessed Improvement Value$238,394
Assessment Year2025

About this property

Attention investors, flippers, and handy buyers! Fantastic equity potential at 4218 Ross Street in Amarillo! This spacious single-family home features an all-brick exterior, a vaulted living area with a stone fireplace, formal dining room, and an expansive primary suite with tray ceilings. The home is priced thousands below market value to directly accommodate the need for a cosmetic overhaul—including carpet replacement, interior paint, appliance updates, and yard maintenance. Excellent floor plan with solid bones located near local schools, parks, and major thoroughfares.

Investor Tools

$206,600Estimated Mortgage Balance
$60,400Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$277,513
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

Interested in this property?

Jared English

Congress Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,763
$255,894
2025
$17,500
$238,394
$255,894
No

Tax History

Year
Tax Paid
Assessed Value
2018
$3,763
$255,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$220,924
Yes
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,600
$60,400
22%
77%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,325/mo
+$465/mo
8.0%

City: Amarillo

4218 Ross St | Property Details | No Agent List