$230,000
NAL Estimated Property Value6204 S Fannin St, Amarillo, TX, 79118
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Microwave, Dishwasher
Exterior
Exterior FeaturesBrick
Lot Size7,841 sqft
Building Information
Year Built1997
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-073-0561-0380
Lot Number22
SubdivisionSouth Georgia Place # 7 Amd
Land UseResidential
Legal DescriptionSOUTH GEORGIA PLACE # 7 AMD, LOT 022, BLK 0001
Census Tract022001
Assessed Land Value$20,386
Assessed Improvement Value$206,927
Assessment Year2025
About this property
Great family home with rear patio. Has mature trees, Fireplace in living area Fireplace in living area. 2 car rear entry garage. seller offering 5,000. in concessions
Investor Tools
$230,000
Estimated Property Value
$83,031Estimated Mortgage Balance
$146,969Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,225
$227,313
2025
$20,386
$206,927
$227,313
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,225
$227,313
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Fha
$126,603
Yes
First
Sep 7, 2011
Oct 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,031
$146,969
63%
36%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
N/A
+$1,540/mo
8.0%
