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$175,000

5142 Royce Dr, Amarillo, TX, 79110

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,152 Sq Ft
price_per_sqft$151.91 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size6,970 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-073-0550-1370
Lot Number47
SubdivisionSouth Georgia Addn # 1
Land UseResidential
Legal DescriptionSOUTH GEORGIA ADDN # 1, LOT 047, BLK 0004
Census Tract021000
Assessed Land Value$12,000
Assessed Improvement Value$136,993
Assessment Year2025

About this property

Cozy South Georgia Charmer! Welcome home to this cute and cozy 3-bedroom, 2-bathroom home in Amarillo's South Georgia neighborhood! Featuring a functional floor plan, LVP flooring, and plenty of charm, this home is a great opportunity for a first-time home buyer. The spacious 2-car garage provides convenient parking and storage, while the privacy-fenced backyard offers a wonderful space to relax, entertain, or let the pups play. With its inviting feel, practical layout, and great location, this home is ready for its next chapter. Come see if this South Georgia cutie is the perfect place to call YOUR home!

Investor Tools

$107,922Estimated Mortgage Balance
$69,078Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month

Interested in this property?

Bobby Tyler

Keller Williams Realty Amarillo

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,956
$148,993
2025
$12,000
$136,993
$148,993
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,956
$148,993

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Mortgage Corp
Fha
$122,735
Yes
First
Jun 17, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,922
$69,078
39%
61%
$736/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
$736/mo
+$874/mo
10.9%

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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5142 Royce Dr | Property Details | No Agent List