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B+
NoAgentList RatingHow are grades calculated? Info

$271,125

6206 PALMETTO Trail, Amarillo, TX, 79106

$309,516 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.57 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Cooktop, Dishwasher, Microwave

Exterior

Lot Size10,019 sqft

Building Information

Year Built1966
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR-001-1800-4235
SubdivisionBelmar # 5
Land UseResidential
Legal DescriptionBELMAR # 5, BLK 0046, 12 & E 5FT OF 13
Census Tract020100
Assessed Land Value$30,056
Assessed Improvement Value$241,069
Assessment Year2025

About this property

Welcome to this well loved and beautifully maintained one-owner home in the desirable Belmar Neighborhood. From the moment you arrive you will appreciate the curb appeal with mature shade trees. Inside, the formal dining room flows seamlessly into a cozy den with fireplace. The den opens to a functional kitchen design for ease with a separate large utility room. A standout feature of this home is the enormous back game room complete with extensive built-ins ideal for entertainment, hobbies or additional living space. This home features 3 comfortable bedrooms and 1 3/4 baths practical layout for a variety of lifestyles. Lovingly cared for over the years, this property truly reflects long- standing pride of ownership. Don't miss your chance to own this special Belmar gem!!!

Investor Tools

Property Icon
$271,125
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$309,516
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,627 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,202
$271,125
2025
$30,056
$241,069
$271,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,202
$271,125

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Unknown
$270,019
No
First
Jan 22, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$536,912
N/A
0%
198%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,542/mo
$3,238/mo
$-1,696/mo
6.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Amarillo

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6206 PALMETTO Trail | Property Details | No Agent List