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$334,000

4427 Summit Cir, Amarillo, TX, 79109

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,563 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.62 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher

Exterior

Lot Size8,276 sqft

Building Information

Year Built1974
Roof Type105
Garage Spaces2

Land Information

APNR-065-2300-5500
Lot Number31
SubdivisionRidgecrest Addn # 22
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 22, LOT 031, BLK 0062
Census Tract021200
Assessed Land Value$14,555
Assessed Improvement Value$287,115
Assessment Year2025

About this property

Welcome to this beautifully updated 5-bedroom, 4-bathroom home, move-in ready with modern touches and stunning wood floors throughout! The main level features two spacious main bedrooms, each with a private bathroom, and 2 additional bedrooms, as well as a dedicated office space, perfect for working from home. The finished basement offers an additional bedroom with a bathroom, ideal for guests or as a media or game room. You'll love the abundance of natural light that fills the home, creating a warm and inviting atmosphere. Step outside to a large backyard, perfect for outdoor activities, gardening, or entertaining. This home is truly a gem—schedule your showing today!

Investor Tools

Property Icon
$334,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$0Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,042
$301,670
2025
$14,555
$287,115
$301,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,042
$301,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Conventional
$229,000
No
First
Mar 13, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$477,619
N/A
0%
143%
$2,872/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$2,872/mo
$-1,442/mo
5.1%

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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4427 Summit Cir | Property Details | No Agent List