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$299,000

4401 RM 1061, Amarillo, TX, 79124

On MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.74 acres

Land Information

APNR-370-0560-3980
SubdivisionSect 56 B S & F Blk 0009
Land UseAgriculture / Farming
Legal DescriptionSECT 56 B S & F BLK 0009, IRREG TR BEG 248.6FT W & 1594.87FT NW OF SE COR OF SECT, 5.7400 ACRES
Census Tract014300
Assessed Land Value$34,440
Assessed Improvement Value$64,937
Assessment Year2025

About this property

This 5.74-acre property offers two versatile shops and plenty of room to grow. The first shop (30x20) includes a 10x20 attached greenhouse, loft, and a bathroom with sink and toilet. The second shop (40x60) is equipped with two overhead doors, a gas line, and a wood-burning stove. Additional features include a private well, septic system, one RV hookup, and eight frost-free hydrants. Outdoors you'll find a garden area, chicken coop, and a variety of fruit trees--cherry, Asian pear, peach, plum, and apple. A pond site has also been started, providing future potential for landscaping or recreation.

Investor Tools

$0Estimated Mortgage Balance
$99,377Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

JT Haynes

Triangle Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,509
$99,377
2025
$34,440
$64,937
$99,377
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,509
$99,377

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$99,377
100%
0%
$0/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.

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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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4401 RM 1061 | Property Details | No Agent List