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$199,000

4611 Sw 16th Ave, Amarillo, TX, 79106

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.31 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size9,148 sqft

Building Information

Year Built1946
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-009-3300-3360
Lot Number6
SubdivisionCountry Club Terrace
Land UseResidential
Legal DescriptionCOUNTRY CLUB TERRACE, LOT 006, BLK 0015
Census Tract011800
Assessed Land Value$7,650
Assessed Improvement Value$201,598
Assessment Year2025

About this property

Great Short Sale Opportunity! This spacious 3-bedroom, 2-bath home offers approximately 1,945 square feet of living space with two large living areas, a cozy fireplace, a spacious kitchen and dining area, a detached 2-car garage, and a storm shelter. The flexible floor plan makes it an excellent opportunity for an owner-occupant, investor, or rental property. Bring your vision and take advantage of this value-packed opportunity. Whether you're looking for your next investment, flip project, or long-term rental, this home has tremendous potential at an attractive price. Don't miss your chance, schedule your showing today! Property is being sold in ''As-Is'' condition, no repairs will be made by the seller.

Investor Tools

Property Icon
$209,248
Estimated Property Value
$9,345Estimated Mortgage Balance
$196,205Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,255 /month
Positive
Cash Flow Estimate:
$418 /month

Interested in this property?

Jordan Gilley

Moreland Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,692
$209,248
2025
$7,650
$201,598
$209,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,692
$209,248

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Fha
$9,345
Yes
First
Sep 25, 2024
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,085
$196,163
93%
6%
$82/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$82/mo
+$1,240/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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4611 Sw 16th Ave | Property Details | No Agent List