$129,000
NAL Estimated Property Value616 S Marrs St, Amarillo, TX, 79104
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesGas Water Heater
Exterior
Lot Size6,098 sqft
Building Information
Year Built1961
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-035-8500-0390
Lot Number14
SubdivisionHighland Park Repl
Land UseResidential
Legal DescriptionHIGHLAND PARK REPL, LOT 014, BLK 0002
Census Tract011000
Assessed Land Value$6,000
Assessed Improvement Value$100,257
Assessment Year2025
About this property
Beautifully maintained and recently remodeled! This 3 bedroom 1 bath home has a nice sized living area, kitchen with dining area, large utility area, and attached garage! Neutral paint, solid surface flooring in main areas, new carpet, and new countertops! Newer windows and CH&A is less than 2 years old. Seller is offering a 1-year home warranty with acceptable offer! Make your appointment today!
Investor Tools
$129,000
Estimated Property Value
$253,812Estimated Mortgage Balance
$129,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,719
$106,257
2025
$6,000
$100,257
$106,257
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,719
$106,257
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$127,645
Yes
First
Jan 26, 2026
Feb 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,812
N/A
0%
197%
$1,532/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$1,532/mo
$-560/mo
9.0%
