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$176,205

NAL Estimated Property Value

4707 S Milam St, Amarillo, TX, 79110

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,247 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.23 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesOven

Exterior

Lot Size9,583 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces5

Land Information

APNR-073-1760-1900
Lot Number4
SubdivisionSouth Lawn # 20
Land UseResidential
Legal DescriptionSOUTH LAWN # 20, LOT 004, BLK 0084
Census Tract020800
Assessed Land Value$10,850
Assessed Improvement Value$165,355
Assessment Year2025

About this property

Investor special or great starter opportunity in AHS district! This 3-bedroom, 1-bath home offers solid bones and great potential for updates and sweat equity. Features include a LARGE SHOP, an ATTACHED single-car garage with door opener, lots of storage, and an additional two-car carport for extra parking. Inside, you'll find nice-sized bedrooms, a spacious utility room with a folding table, and central HVAC. Exterior highlights include a covered porch and two separate metal-fenced yards, one with vehicle access. Conveniently located with easy access to I-27. Perfect for a rental, a flip, or an affordable home you can make your own.

Investor Tools

Property Icon
$176,205
Estimated Property Value
$107,375Estimated Mortgage Balance
$68,830Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,057 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$127/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$648
$176,205
2025
$10,850
$165,355
$176,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$648
$176,205

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Unknown
$108,000
No
First
Jan 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,375
$68,830
39%
61%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
$648/mo
+$962/mo
11.0%

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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4707 S Milam St | Property Details | No Agent List