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$342,000

NAL Estimated Property Value

5724 Spencer St, Amarillo, TX, 79109

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,310 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.35 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,970 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-009-1110-0340
Lot Number5
SubdivisionCity Park # 10
Land UseResidential
Legal DescriptionCITY PARK # 10, LOT 005, BLK 0016
Census Tract021605
Assessed Land Value$17,640
Assessed Improvement Value$311,768
Assessment Year2025

About this property

This home is the one you have been waiting for. Charming, spacious & rare 3 bedroom 3 bath home situated in the highly sought after City Park area. Tucked into a quiet neighborhood with open living areas, fireplace, enclosed sunroom, & space for everyone to run around, this home offers beautiful touches throughout. Quick access to all of the top amenities like coffee shops, grocery stores, & gyms, you find yourself walking your dog in the treescape & coming home to a cozy light-filled airy space for families of all generations. Flexible spaces for office, second living room, hobby space, or comfy reading room. This layout provides exceptional movement for guests or multi-generational living. Come see it today & fall in love!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$236,125Estimated Mortgage Balance
$105,875Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,491
$329,408
2025
$17,640
$311,768
$329,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,491
$329,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Stand Alone First / Home Equity First Lien
$237,500
No
First
Jan 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,125
$105,875
30%
69%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,424/mo
+$6/mo
5.0%

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.

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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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5724 Spencer St | Property Details | No Agent List