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$245,000

NAL Estimated Property Value

6712 Michelle Dr, Amarillo, TX, 79109

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,517 Sq Ft
price_per_sqft$163.48 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Disposal, Refrigerator, Oven, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size7,405 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-009-1100-0405
Lot Number76
SubdivisionCity Park # 2 Amd
Land UseResidential
Legal DescriptionCITY PARK # 2 AMD, LOT 076, BLK 0001
Census Tract021605
Assessed Land Value$18,200
Assessed Improvement Value$209,708
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath, 2-car garage home in City Park. Situated on a corner lot, this well maintained brick home features a spacious living room with a cozy fireplace, vaulted ceilings, and custom built-ins. The primary suite offers an oversized walk-in closet for ample storage. Enjoy the backyard with a nice patio and storage shed. Refrigerator, washer and dryer convey with this property.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$181,126Estimated Mortgage Balance
$63,874Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,200
$227,908
2025
$18,200
$209,708
$227,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,200
$227,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$192,000
No
First
May 11, 2023
Jun 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,126
$63,874
26%
74%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,152/mo
+$278/mo
7.0%

City: Amarillo

6712 Michelle Dr | Property Details | No Agent List