$230,000
5606 W MCCORMICK Road, Amarillo, TX, 79118
On Market
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Dishwasher
Building Information
Year Built2003
Stories1
Roof Type105
Land Information
APNR-086-3440-0606
SubdivisionWestern Estates # 1
Land UseResidential
Legal DescriptionWESTERN ESTATES # 1, IMP ONLY MH ON 192103 MANUFACTURER: 2003 SOLITAIRE SERIAL NUMBER: DMH1370NB SERIAL NUMBER: NMX0006074
Census Tract021705
Assessed Improvement Value$117,932
Assessment Year2025
About this property
Escape the hustle of the city with this spacious 3-bedroom, 2-bathroom double-wide Solitaire home, nestled on 1.25 acres of land. Inside, you'll find two living areas, a cozy wood-burning fire place, perfect for those chilly nights, an office nook and a spacious laundry room for added convenience. Both living areas provide plenty of room for entertaining, while the split-bedroom layout ensures privacy.
Investor Tools
$9,697Estimated Mortgage Balance
$184,303Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,571
$117,932
2025
N/A
$117,932
$117,932
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,571
$117,932
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Don Dehay
Seller Carryback / Seller Financing / Seller Take-Back
$20,563
No
First
May 23, 2006
Dec 2017
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,697
$184,303
95%
5%
$124/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$124/mo
+$1,416/mo
9.5%
