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$309,500

4608 Sw 38th Ave, Amarillo, TX, 79109

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,252 Sq Ft
price_per_sqft$137.43 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesBrick
Lot Size8,712 sqft

Building Information

Year Built1962
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-065-2200-8880
Lot Number8
SubdivisionRidgecrest Addn # 1 Amd
Land UseResidential
Legal DescriptionRIDGECREST ADDN # 1 AMD, LOT 008, BLK 0038
Census Tract021200
Assessed Land Value$15,640
Assessed Improvement Value$232,706
Assessment Year2025

About this property

Welcome to this charming home in Ridgecrest! This 4-bedroom, 2-bath home features a functional layout with the main bedroom conveniently located downstairs for added privacy & ease. The additional bedrooms are spacious, providing flexibility for family, guests, or a home office setup. Inside, you'll find new carpet in all bedrooms & closets, along with fresh paint downstairs & in the bathrooms. The home also includes new flooring that adds a fresh touch. The updated kitchen features refreshed cabinets & a newer gas stove, making it both practical & inviting. Enjoy the sunroom overlooking a large backyard with mature trees, perfect for relaxing or entertaining. Roof replaced in 2022. Schedule a showing TODAY!

Investor Tools

$258,844Estimated Mortgage Balance
$5,156Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,857 /month
Positive
Cash Flow Estimate:
$619 /month

Interested in this property?

Lori Horner Realty Group

Lori Horner Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,884
$248,346
2025
$15,640
$232,706
$248,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,884
$248,346

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Va
$280,302
Yes
First
Jun 24, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,844
$5,156
1%
98%
$1,681/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,681/mo
$-11/mo
7.6%

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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4608 Sw 38th Ave | Property Details | No Agent List