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$429,900

5205 Berget Drive, Amarillo, TX, 79106

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,942 Sq Ft
price_per_sqft$146.13 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBrick
Lot Size10,019 sqft

Building Information

Year Built1959
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-061-1000-1620
Lot Number16
SubdivisionOlsen Park Addn # 8 Repl
Land UseResidential
Legal DescriptionOLSEN PARK ADDN # 8 REPL, LOT 016, BLK 0043
Census Tract010200
Assessed Land Value$26,541
Assessed Improvement Value$405,639
Assessment Year2025

About this property

Mid-century cool meets modern comfort in this beautifully updated Olsen gem. The open-concept layout creates easy flow for everyday living and entertaining, while preserving the character that makes this home special. The kitchen is a standout, blending vintage-inspired style with modern convenience. Updated bathrooms feature clean, contemporary finishes throughout. A spacious second living area offers endless flexibility and includes a wet bar with a dual-zone wine fridge, making it the perfect spot for hosting friends and family. Outside, the large backyard is ready for cookouts, gatherings, or simply enjoying the outdoors. Located in one of Olsen's most desirable neighborhoods, this move-in-ready home also features a brand-new HVAC system for added comfort and peace of mind.

Investor Tools

$301,860Estimated Mortgage Balance
$134,140Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

Interested in this property?

Andy Justus

Justus League Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,752
$432,180
2025
$26,541
$405,639
$432,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,752
$432,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Education Cu
Conventional
$295,000
No
First
Jul 15, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,860
$134,140
30%
69%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$1,949/mo
$-407/mo
4.2%

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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5205 Berget Drive, Amarillo, TX 79106 | Property Details | No Agent List