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$218,000

4447 Summit Cir, Amarillo, TX, 79109

$228,854 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,729 Sq Ft
price_per_sqft$126.08 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size7,841 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-065-2300-5400
Lot Number21
SubdivisionRidgecrest Addn # 22
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 22, LOT 021, BLK 0062
Census Tract021200
Assessed Land Value$13,975
Assessed Improvement Value$194,999
Assessment Year2025

About this property

Move in Ready home in Ridgecrest! This 3 bedrooms 2 bath home is ready for its new owners. Features newer flooring, great layout, fireplace and sunroom! Spacious bedrooms and plenty of storage. Backyard has large covered patio, perfect for entertaining. Charming brick exterior adds to the curb appeal! Located in established Ridgecrest neighborhood with convenient access to shopping, dining and more. Great potential for first time home buyer, growing family or investor! Come take a look and make this one yours.

Investor Tools

$130,149Estimated Mortgage Balance
$78,825Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$228,854
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

Interested in this property?

Sara Middlebrook

Wieck Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,940
$208,974
2025
$13,975
$194,999
$208,974
No

Tax History

Year
Tax Paid
Assessed Value
2018
$2,940
$208,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$135,000
No
First
Sep 20, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,149
$78,825
37%
62%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$810/mo
+$620/mo
8.2%

City: Amarillo

4447 Summit Cir | Property Details | No Agent List