Last 24 Hours
$479,900
5550 CEDAR SPRINGS Trail, Amarillo, TX, 79119
On Market
3 Beds
2 Bath
2,216 Sq Ft
Single Family Residence
$216.56 / sqft
Built in 2008Property Lead Type:
High EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating
CoolingAppliancesDisposal, Dishwasher, Microwave
Exterior
Lot Size2.04 acres
Building Information
Year Built2008
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-061-2490-5180
Lot Number17
SubdivisionOutpost Ranches # 7
Land UseResidential
Legal DescriptionOUTPOST RANCHES # 7, LOT 017, BLK 0004, 2.0400 ACRES
Census Tract021708
Assessed Land Value$35,500
Assessed Improvement Value$357,806
Assessment Year2025
About this property
SHOP, SHOP, SHOP in Bushland South. This beautiful Home is complete with 3-bedrooms an Isolated primary suite, 2 full bathrooms an open-concept kitchen that flows seamlessly into the spacious living area, along with a nicely sized laundry room for added convenience. A 20x20 shop provides extra workspace or storage, while the beautiful patio with a cozy fireplace is the perfect place to relax and take in stunning West Texas sunsets.
Investor Tools
$0Estimated Mortgage Balance
$494,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,314
$393,306
2025
$35,500
$357,806
$393,306
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,314
$393,306
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$494,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
3.8%
12.4%