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$555,000

NAL Estimated Property Value

4400 Gem Lake Rd, Amarillo, TX, 79106

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,430 Sq Ft
price_per_sqft$154.23 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size33,541 sqft

Building Information

Year Built1971
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR-086-2000-0720
Lot Number8
SubdivisionWest Hills
Land UseResidential
Legal DescriptionWEST HILLS, LOT 008, BLK 0003
Census Tract013200
Assessed Land Value$34,180
Assessed Improvement Value$339,807
Assessment Year2025

About this property

Relisted Discover your perfect retreat in this stunning home, ideally located just across from the Golf Course! This charming residence boasts 3 living rooms, providing ample room for relaxation and entertaining. Enjoy cozy evenings by the fireplace that beautifully connects the den and the dining room. With large rooms throughout, you'll appreciate the abundance of storage and the potential to make this house truly your own. The kitchen features generous counter space and an array of cabinets, making meal prep a breeze. Step outside to a .94 acre lot that includes two nice storage buildings, offering even more space for your hobbies or projects. This one challenges comparison! Best of all...It can be YOURS!

Investor Tools

Property Icon
$555,000
Estimated Property Value
$316,555Estimated Mortgage Balance
$238,445Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$857/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,503
$373,987
2025
$34,180
$339,807
$373,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,503
$373,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Commercial
$328,355
No
First
May 20, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,555
$238,445
42%
57%
$1,969/mo

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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4400 Gem Lake Rd | Property Details | No Agent List