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$266,356

NAL Estimated Property Value

4600 Sw 38th Ave, Amarillo, TX, 79109

$307,440 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,692 Sq Ft
price_per_sqft$102.15 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size9,583 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-065-2200-8897
Lot Number11B
SubdivisionRidgecrest Addn # 1 Amd
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 1 AMD, LOT 11B, BLK 0038
Census Tract021200
Assessed Land Value$18,431
Assessed Improvement Value$247,925
Assessment Year2025

About this property

Updated 2-story home on a corner lot featuring 4 bedrooms, 2 baths, and multiple living areas. Isolated downstairs primary suite, formal dining, breakfast nook, den with fireplace, sunroom, and spacious utility room with freezer space. 2-car attached garage plus storage room. Conveniently located near schools, shopping, and dining. Sold as-is.

Investor Tools

Property Icon
$266,356
Estimated Property Value
$14,719Estimated Mortgage Balance
$251,637Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$307,439
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,495
$266,356
2025
$18,431
$247,925
$266,356
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,495
$266,356

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Outpost Ranches Ltd
Seller Carryback / Seller Financing / Seller Take-Back
$36,000
No
First
Jan 5, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,719
$251,637
94%
6%
$216/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$216/mo
+$1,214/mo
6.4%

City: Amarillo

4600 Sw 38th Ave | Property Details | No Agent List