Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$255,000

NAL Estimated Property Value

5905 Pelman Pl, Amarillo, TX, 79109

Recently SoldInfo
7/22/26
Beds3 Beds
Baths2 Bath
Baths1,592 Sq Ft
price_per_sqft$156.97 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Oven, Microwave, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size9,148 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-009-1100-1070
Lot Number15
SubdivisionCity Park # 2 Amd
Land UseResidential
Legal DescriptionCITY PARK # 2 AMD, LOT 015, BLK 0002
Census Tract021605
Assessed Land Value$17,640
Assessed Improvement Value$222,893
Assessment Year2025

About this property

City Park Special! Charming and affordable 3 bedroom, 2 bathroom home offering comfort and convenience. Enjoy this functional layout, with gas fireplace, inviting living spaces. Tree lined sprinkled yard with great curb a appeal and easy access to shopping, dining, and schools.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$48,493Estimated Mortgage Balance
$206,507Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,003
$240,533
2025
$17,640
$222,893
$240,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,003
$240,533

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Credit Line (Revolving) / Heloc
$83,200
No
First
Jul 29, 2009
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,493
$206,507
80%
19%
$499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$499/mo
+$931/mo
6.7%

City: Amarillo

5905 Pelman Pl | Property Details | No Agent List