$255,000
NAL Estimated Property Value5905 Pelman Pl, Amarillo, TX, 79109
Recently Sold
7/22/26
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
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
$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
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%
