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$287,000

NAL Estimated Property Value

4309 OLSEN Boulevard, Amarillo, TX, 79106

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.95 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Cooktop, Microwave

Exterior

Lot Size8,712 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-061-0500-0680
SubdivisionOlsen Park Addn # 4
Land UseResidential
Legal DescriptionOLSEN PARK ADDN # 4, BLK 0004, W 5FT OF 9 & ALL OF 10
Census Tract010200
Assessed Land Value$20,000
Assessed Improvement Value$252,166
Assessment Year2025

About this property

Freshly painted charming 3 bedroom, 2 bath home located in Olsen. Updated kitchen with double ovens, quartz countertops, island with vegetable sink, open to 2nd living room. 2nd living area with woodburning fireplace. Large covered patio for outdoor entertaining. Beautiful hardwood flooring in front living room and bedrooms. Large front porch for great curb appeal. Updated windows and lots of storage.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$987,216Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,517
$272,166
2025
$20,000
$252,166
$272,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,517
$272,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens 1st Bank
Commercial
$1,075,000
No
First
Jan 27, 2022
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$987,216
N/A
0%
344%
$6,446/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$6,446/mo
$-5,124/mo
5.5%

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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4309 OLSEN Boulevard | Property Details | No Agent List