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A+
NoAgentList RatingHow are grades calculated? Info

$99,000

600 S Nelson St, Amarillo, TX, 79104

$111,620 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.01 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRange, Refrigerator

Exterior

Private PoolPrivate Pool
Lot Size6,970 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APNR-014-0100-1465
Lot Number1
SubdivisionDenver Heights
Land UseResidential
Legal DescriptionDENVER HEIGHTS, LOT 001, BLK 0024
Census Tract011000
Assessed Land Value$5,000
Assessed Improvement Value$60,114
Assessment Year2025

About this property

Adorable 2 bedroom, 1 bath home with Central HVAC! Roof will be replaced prior to closing. Don't miss this one! This cute home is ready for a new owner or an investor looking to add a great rental to their portfolio. The fridge stays and a new stove will be put in (or a credit of $750 for one of your choosing) Original wood floors highlight the living room and bedrooms, adding charm and character. The full bathroom features a cute vanity with a separate sink area. Central heat and air, fresh paint, and new mini-blinds throughout. Situated on a corner lot with a fully chain-link fenced backyard, plus convenient off-street parking. Schedule your showing TODAY!!

Investor Tools

Property Icon
$99,000
Estimated Property Value
$41,500Estimated Mortgage Balance
$87,402Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$111,620
Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,350
$65,114
2025
$5,000
$60,114
$65,114
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,350
$65,114

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstcapital Bank Of Texas Na
Unknown
$41,500
No
First
Sep 15, 2014
Sep 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$11,598
$87,402
88%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
N/A
+$972/mo
11.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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