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$105,000

504 S Fairmont St, Amarillo, TX, 79106

$110,406 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,226 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.64 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Must-SellDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size6,970 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-069-1000-8400
Lot Number4
SubdivisionSan Jacinto Heights Amd
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS AMD, BLK 0215, ALL OF LOT4 AND THE N 17FT OF THE E 99 FT OF 3
Census Tract015300
Assessed Land Value$8,047
Assessed Improvement Value$69,974
Assessment Year2025

About this property

Perfect home for investors or first time home buyers! Already has established tenants in place

Investor Tools

$723,087Estimated Mortgage Balance
$136,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$110,405
Rent-to-Value Ratio: 0.72%
Rent Estimate
$816 /month
Positive
Cash Flow Estimate:
$272 /month

Interested in this property?

Zoey Shepherd

Keller Williams Realty Amarillo

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,574
$78,021
2025
$8,047
$69,974
$78,021
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,574
$78,021

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Open End Mortgage / Open End With Future Advance Clause
$727,299
No
First
Jan 31, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$723,087
N/A
0%
532%
$4,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$4,361/mo
$-3,039/mo
11.7%

City: Amarillo

504 S Fairmont St | Property Details | No Agent List