Last 24 Hours
$223,000
NAL Estimated Property Value4604 SW 38TH Avenue, Amarillo, TX, 79109
$264,170 ARV
Off Market
4 Beds
2 Bath
2,196 Sq Ft
Single Family Residence
$105.03 / sqft
Built in 1962Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage Available
Heating
CoolingAppliancesOven, Cooktop, Dishwasher
Exterior
Private PoolLot Size8,712 sqft
Building Information
Year Built1962
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR-065-2200-8890
Lot Number10
SubdivisionRidgecrest Addn # 1 Amd
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 1 AMD, LOT 010, BLK 0038
Census Tract021200
Assessed Land Value$15,732
Assessed Improvement Value$198,002
Assessment Year2025
About this property
Investment opportunity in Southwest Amarillo. Spacious 4-bedroom, 2-bath, 2-car garage home priced with needed repairs already taken into consideration. Two-story floor plan with primary bedroom on the main level. Features include central heat and air, mature trees providing abundant shade, covered patio, storage shed, and a shaded backyard. Convenient location near schools, shopping, and dining. Property sold as-is.
Investor Tools
$223,000
Estimated Property Value
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$264,170
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,384 /month
Positive
Cash Flow Estimate:
$461 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,729
$213,734
2025
$15,732
$198,002
$213,734
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,729
$213,734
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$223,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
9.0%
12.4%