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$221,525

NAL Estimated Property Value

5003 Klinke Rd, Amarillo, TX, 79108

SoldInfo
7/30/26
Beds5 Beds
Baths2 Bath
Baths2,934 Sq Ft
price_per_sqft$136.3 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size10,890 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-200-0040-0001
SubdivisionSect 4 A B & M Blk 0002
Land UseResidential
Legal DescriptionSECT 4 A B & M BLK 0002, BLK 44 & 60FT VAC ST ADJ TO WEST OF ST FRANCIS TWNSITE LYING N OF RR, 2.5000 ACRES
Census Tract014401
Assessed Land Value$16,250
Assessed Improvement Value$205,275
Assessment Year2025

About this property

End each day with breathtaking Texas Panhandle sunsets, where unobstructed western views create a stunning display of color & light across the horizon! Experience the perfect blend of country charm & modern updates on this beautiful 2.5-acre property just NE of Amarillo. Conveniently located minutes from Pantex, Tyson & the area's rapidly expanding AI Data Center corridor, this spacious farmhouse offers room to live, work, and play. Inside, you'll find 5 bedrooms, 2.5 bathrooms, & a cellar/basement for additional storage or storm protection. The home retains much of its original farmhouse character while benefiting from valuable updates, including a remodeled primary bathroom, updated kitchen, energy-efficient double-pane windows & Class IV impact-resistant roof for added peace of mind. The private circle driveway welcomes you home and leads to an incredible 30' x 50' insulated shop complete with a 14' x 14' overhead door, making it ideal for RV storage, equipment, hobbies, or a home-based business. A 10' x 30' covered porch attached to the shop provides the perfect space for entertaining, grilling, or relaxing after a long day. Additional features include a 3-car attached garage, covered front porch, expansive acreage, and plenty of room for small farm animals, gardening, recreational vehicles, or future improvements. Properties offering this combination of acreage, a premium insulated shop, modern updates, incredible sunset views, and convenient access to Amarillo are becoming increasingly difficult to find. Don't miss your opportunity to own a truly versatile country estate with endless possibilities.

Investor Tools

Property Icon
$221,525
Estimated Property Value
$45,831Estimated Mortgage Balance
$176,151Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,695
$221,525
2025
$16,250
$205,275
$221,525
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,695
$221,525

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Unknown
$79,800
No
First
Mar 4, 2009
Mar 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,831
$258,169
84%
21%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
N/A
+$1,630/mo
8.8%

Learn About the Market: Opportunity in Texas

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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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5003 Klinke Rd | Property Details | No Agent List