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$446,000

NAL Estimated Property Value

474 W Plantation Rd, Amarillo, TX, 79118

SoldInfo
6/11/26
Beds3 Beds
Baths2 Bath
Baths2,606 Sq Ft
price_per_sqft$172.68 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
CoolingCooling
AppliancesRefrigerator, Range, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size5.29 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-665-0130-0700
SubdivisionSect 13 I & G N
Land UseResidential
Legal DescriptionSECT 13 I & G N BLK 0006, 256.15FT E X 900.10FT S BEG 3060FT E OF NW COR OF SECT-AKA TR E PLANTATION ACRES, 5.2900 ACRES
Census Tract021702
Assessed Land Value$13,316
Assessed Improvement Value$397,317
Assessment Year2025

About this property

Enjoy country living with room to roam, conveniently located between Amarillo and Canyon. This well-kept 3 bedroom, 2 bath home offers spacious living, covered porches, and a room perfect for an office, sun room or mud room. A horse lover's dream, the property features a 40x50 shop with concrete floors, lighting, covered shelter areas, enclosed stalls, a large catch pen, and a roomy tack shed. Three-rail pipe fencing surrounds the home and horse pens. All of this sits on 10 beautiful acres with wide-open views and plenty of space to enjoy the country lifestyle.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$216,550Estimated Mortgage Balance
$229,450Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,269
$410,633
2025
$13,316
$397,317
$410,633
No

Tax History

Year
Tax Paid
Assessed Value
2018
$4,269
$410,633

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$245,250
No
First
Jun 19, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,550
$229,450
51%
49%
$1,471/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,471/mo
+$69/mo
4.1%

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.

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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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474 W Plantation Rd | Property Details | No Agent List