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$130,986

NAL Estimated Property Value

620 W Amarillo Blvd, TX, 79107

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths8,600 Sq Ft
price_per_sqft$65.12 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Floor/WallHeating Floor/Wall
FlooringCarpet, Tile

Exterior

Lot Size11,326 sqft

Building Information

Year Built1957
Stories1

Land Information

APNR-044-9600-0440
SubdivisionMiller Heights
Land UseCommercial
Legal DescriptionMILLER HEIGHTS, BLK 0007, 11 LESS S 10FT ROW & ALL OF 12 THRU 15
Census Tract014800
Assessed Land Value$47,916
Assessed Improvement Value$83,070
Assessment Year2025

About this property

This 24-room, 24-bathroom motel sits on a prime high-traffic location right on Amarillo Blvd, offering excellent visibility and accessibility. Whether you're looking to continue operating as a motel or take advantage of its value-add potential, this property is a fantastic investment opportunity! With a straightforward conversion, this could be transformed into 1-bed, 1-bath efficiency apartments, creating consistent cash flow in a high-demand rental market. Key Features: 24 rooms, each with a private bathroom High traffic count & strong visibility Ideal for a motel operator, investor, or developer Great potential for efficiency apartment conversion Steady income-producing opportunity Don't miss out on this high-yield investment in Amarillo!

Investor Tools

Property Icon
$130,986
Estimated Property Value
$277,148Estimated Mortgage Balance
$130,986Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,512
$130,986
2025
$47,916
$83,070
$130,986
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,512
$130,986

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
R D Williams
Commercial
$280,000
No
First
Oct 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,148
N/A
0%
212%
$1,679/mo

City: Amarillo

620 W Amarillo Blvd | Property Details | No Agent List