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$254,279

NAL Estimated Property Value

6904 Michelle Dr, Amarillo, TX, 79109

$259,093 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,678 Sq Ft
price_per_sqft$142.97 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size6,534 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-009-1100-0600
Lot Number115
SubdivisionCity Park # 5 Amd
Land UseResidential
Legal DescriptionCITY PARK # 5 AMD, LOT 115, BLK 0001
Census Tract021605
Assessed Land Value$16,800
Assessed Improvement Value$237,479
Assessment Year2025

About this property

CITY PARK OPPORTUNITY!! Check out this estate property ready for its new owners! Featuring three bedrooms, two baths, a 2-car garage, a fireplace, gutters, sprinkler system, and a sunroom, all tucked away on a quiet cul-de-sac street. With a little TLC, this home has incredible potential! Schedule your showing, TODAY!

Investor Tools

Property Icon
$254,279
Estimated Property Value
$179,406Estimated Mortgage Balance
$74,873Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$259,092
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,526 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,213
$254,279
2025
$16,800
$237,479
$254,279
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,213
$254,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$179,925
No
First
Mar 27, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,406
$74,873
29%
71%
$1,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,079/mo
+$351/mo
6.7%

City: Amarillo

6904 Michelle Dr | Property Details | No Agent List