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$99,000

NAL Estimated Property Value

600 S Nelson St, Amarillo, TX, 79104

$109,510 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths848 Sq Ft
price_per_sqft$106.01 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRefrigerator, Range

Exterior

Exterior FeaturesFiber Board
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
$11,598Estimated Mortgage Balance
$87,402Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$109,510
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%

City: Amarillo

600 S Nelson St | Property Details | No Agent List