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$595,000

6 MERION Place, Amarillo, TX, 79124

$640,137 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.46 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Must-SellHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Cooktop, Dishwasher, Microwave

Exterior

Exterior FeaturesBalcony
Lot Size5,915 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-044-3700-1275
Lot Number3A
SubdivisionLa Paloma Estates # 11
Land UseResidential
Legal DescriptionLA PALOMA ESTATES # 11, LOT 03A, BLK 0005, 0.1358 ACRES
Census Tract013300
Assessed Land Value$70,980
Assessed Improvement Value$510,409
Assessment Year2025

About this property

Modern Elegance on the Fairway at La Paloma Golf Course! Step into a welcoming entryway with a beautiful staircase. This home offers 3 bedrooms on the main level, plus an upstairs den with a private balcony overlooking the fairway An office (potential 4th bedroom) and a flex room ideal for a hobby/exercise space complete the upper floor. The open-concept living and kitchen area is perfect for gatherings, featuring a gas range, double ovens, walk-in pantry, breakfast bar, and charming half-circle bench seating in the dining nook. Large utility room with abundant cabinetry, counter space, and a built-in sink. With a serving bar area, 3.5 baths, an oversized 2-stall garage, and pet-friendly amenities like a fenced yard and doggie door, this home is both functional and fun. HOA DOES THE YARD

Investor Tools

$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$640,137
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

Interested in this property?

Tracy Howland

Larry Brown, REALTORS®

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
$2,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,886
$581,389
2025
$70,980
$510,409
$581,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,886
$581,389

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$2,250/mo
$-460/mo
3.6%

City: Amarillo

6 MERION Place | Property Details | No Agent List