Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated?Info
Days44Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$745,000

501 N Shore Dr, Amarillo, TX, 79118

$968,500 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,094 Sq Ft
price_per_sqft$181.97 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRefrigerator, Double Oven, Dishwasher, Cooktop

Exterior

Private PoolPrivate Pool
Exterior FeaturesStucco Synthetic, Brick
Lot Size2.32 acres

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-3900-2925
Lot Number1 - 3
SubdivisionLake Tanglewood # 1
Land UseResidential
Legal DescriptionLAKE TANGLEWOOD # 1, BLK 008, O1A BEING REPLAT OF LOTS 1 THRU 3 PLUS A .47 AC UNPLATTED TR ON THE N/LINE, 2.3200 ACRES
Census Tract021702
Assessed Land Value$25,500
Assessed Improvement Value$709,771
Assessment Year2025

About this property

Enjoy breathtaking sunset views from this Lake Tanglewood retreat on over 2 acres. Featuring a private dock at the legendary ''Honey Hole,'' one of the lake's best fishing spots, this property combines recreation, comfort, and natural beauty. Inside, you'll find 2 living areas, an office, and a versatile flex room. The property offers potential for multigenerational living or mother in law quarters. The impressive home theater is perfect for movie nights and game days. Outside, relax among mature shade trees and abundant wildlife, or take a swim in the lap pool. This Lake Tanglewood property offers the perfect combination of lake access, lake views, spacious living, and resort-style amenities. This property is the ultimate lakeside getaway!

Investor Tools

$210,313Estimated Mortgage Balance
$685,687Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$968,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,376 /month
Positive
Cash Flow Estimate:
$1,792 /month

Interested in this property?

Tim Soto

Keller Williams Realty Amarillo

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,166/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,513
$735,271
2025
$25,500
$709,771
$735,271
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,513
$735,271

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank Southwest
Conventional
$250,000
No
First
Aug 28, 2018
Sep 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,313
$685,687
76%
23%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,765/mo
+$26/mo
2.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

501 N Shore Dr | Property Details | No Agent List