$242,000
5307 Emil Ave, Amarillo, TX, 79106
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,712 sqft
Building Information
Year Built1958
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-061-1000-5910
Lot Number12
SubdivisionOlsen Park Addn # 11
Land UseResidential
Legal DescriptionOLSEN PARK ADDN # 11, LOT 012, BLK 0064
Census Tract010200
Assessed Land Value$16,727
Assessed Improvement Value$202,440
Assessment Year2025
About this property
Very nice home located in desirable area of Olsen. Close to I-40, restaurants and shopping! Good size backyard, sprinklers in both front and back yard. Per seller newer roof, garage door, gutters, pipes replace underground. Newer bathroom floors and shower in master! Call today for a private tour. Per seller- updates include new roof, gutters, flex pipe sewer lines, remodeled master bath and and AC installed in 2018!
Investor Tools
$91,343Estimated Mortgage Balance
$127,824Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,460
$219,167
2025
$16,727
$202,440
$219,167
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,460
$219,167
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Commercial
$109,875
No
First
May 31, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,343
$127,824
58%
42%
$659/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$659/mo
+$663/mo
7.2%
