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Days157Days on Market
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$315,000

5731 Spencer St, Amarillo, TX, 79109

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.05 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Microwave, Gas Water Heater

Exterior

Lot Size6,970 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-009-1110-0275
Lot Number33
SubdivisionCity Park # 10
Land UseResidential
Legal DescriptionCITY PARK # 10, LOT 033, BLK 0014
Census Tract021605
Assessed Land Value$17,640
Assessed Improvement Value$251,053
Assessment Year2025

About this property

Beautifully updated home in City Park with three bedrooms and three bathrooms. The open floor plan features a custom built island that has seating for 8, soft close cabinetry, granite counter tops, roll out shelving, and high end Viking Gas Range. This home has newer windows, carpet, and paint. The third bedroom has its own bathroom. Class 4 roof, sprinklers, and a metal storage building.

Investor Tools

$229,870Estimated Mortgage Balance
$82,130Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Brad Douglass

Larry Brown, REALTORS®

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,297
$268,693
2025
$17,640
$251,053
$268,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,297
$268,693

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$240,000
No
First
Jan 24, 2024
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,870
$82,130
26%
74%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,439/mo
$-9/mo
5.5%

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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5731 Spencer St | Property Details | No Agent List