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$215,000

5002 Westway Trl, Amarillo, TX, 79109

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,264 Sq Ft
price_per_sqft$170.09 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Microwave, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size7,405 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-086-3900-0560
Lot Number13
SubdivisionWestway Addn # 1
Land UseResidential
Legal DescriptionWESTWAY ADDN # 1, LOT 013, BLK 0003
Census Tract021300
Assessed Land Value$13,200
Assessed Improvement Value$152,807
Assessment Year2025

About this property

*Showings will begin on Sunday, July 19, 2026* Discover comfort and style in this beautifully updated home located in the welcoming Western Plateau neighborhood of Southwest Amarillo. With its open floor plan, this residence offers a spacious feel that's ideal for both relaxing and entertaining. The heart of the home is a gorgeous kitchen featuring new cabinets, elegant stone countertops, and a large island perfect for preparing meals or gathering with friends and family. With three bedrooms and two bathrooms, there's plenty of room for your needs, plus a convenient two-car garage for added storage and parking. This move-in-ready home blends modern updates with everyday functionality, making it a fantastic opportunity in one of Amarillo's most desirable neighborhoods.

Investor Tools

Property Icon
$186,000
Estimated Property Value
$142,500Estimated Mortgage Balance
$56,365Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Landon Moreland

Moreland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,594
$166,007
2025
$13,200
$152,807
$166,007
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,594
$166,007

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Mortgage Corp
Conventional
$142,500
No
First
Oct 19, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,635
$56,365
30%
70%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$855/mo
+$575/mo
9.2%

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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5002 Westway Trl | Property Details | No Agent List