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$155,000

700 N Buchanan St, Amarillo, TX, 79107

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,220 Sq Ft
price_per_sqft$127.05 / sqft
Year BuiltBuilt in 1931

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher

Exterior

Exterior FeaturesBrick
Lot Size4,792 sqft

Building Information

Year Built1931
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-039-0300-0980
Lot Number53
SubdivisionHollands Addn - Jhb Woodward Sub Of E/2
Land UseResidential
Legal DescriptionHOLLANDS ADDN - JHB WOODWARD SUB OF E/2 BLK 206, W 98FT OF LOT 53
Census Tract012200
Assessed Land Value$5,000
Assessed Improvement Value$79,190
Assessment Year2025

About this property

Move-in ready with updates that matter! This well-maintained home features new flooring, fresh interior paint, new windows and updated kitchen countertops. Major improvements include central heat & air, updated water heater and PVC drain lines--big-ticket items already addressed. The charming fireplace adds character, while the detached garage offers great storage, workshop space or plenty of possibilities. Conveniently located across from a school and close to everyday amenities. A great opportunity for a first-time homebuyer or investor looking for a rental ready to go. Schedule your showing before it's gone!

Investor Tools

$20,489Estimated Mortgage Balance
$109,511Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

Interested in this property?

Claudia Martinez

Keller Williams Realty Amarillo

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,733
$84,190
2025
$5,000
$79,190
$84,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,733
$84,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bill Black
Seller Carryback / Seller Financing / Seller Take-Back
$40,000
No
First
Sep 18, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,489
$109,511
84%
16%
$240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$240/mo
+$1,082/mo
12.2%

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.

Explore Texas Explore This Area
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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