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$280,000

NAL Estimated Property Value

6112 RIDGEWOOD Drive, Amarillo, TX, 79109

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.29 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesBrick
Lot Size15,246 sqft

Building Information

Year Built1979
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR-073-1790-0080
Lot Number8
SubdivisionSouth Park # 1
Land UseResidential
Legal DescriptionSOUTH PARK # 1, LOT 008, BLK 0001
Census Tract021606
Assessed Land Value$24,538
Assessed Improvement Value$250,128
Assessment Year2025

About this property

Make this home your own with your fresh ideas in this desired Windsor neighborhood. Large floor plan on a treelined street! Coy pond in back for those of you that need a good hobby. You will appreciate that majority of the home has had the popcorn ceilings removed and newly partially painted home. See the vision, take a look, make a good investment now and grow your equity

Investor Tools

Property Icon
$280,000
Estimated Property Value
$99,216Estimated Mortgage Balance
$180,784Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,647
$274,666
2025
$24,538
$250,128
$274,666
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,647
$274,666

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$106,495
Yes
First
Jan 10, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,216
$180,784
64%
35%
$678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$678/mo
+$752/mo
6.1%

City: Amarillo