$225,000
707 S Arthur St, Amarillo, TX, 79102
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
FlooringConcrete
Exterior
Lot Size8,276 sqft
Building Information
Year Built1967
Stories1
Roof Type105
Land Information
APNR-048-0400-2620
Lot Number7
SubdivisionMirror's Addn
Land UseCommercial
Legal DescriptionMIRROR'S ADDN, LOT 007, BLK 0381
Census Tract015400
Assessed Land Value$4,138
Assessed Improvement Value$71,165
Assessment Year2025
About this property
Great multi-use commercial opportunity! Property features a 5-bay shop -- one bay ideal for a paint booth -- with newer garage door openers, updated electrical outlets, large compressor, shop heater, and a newer half bath inside the workspace. Doors are 8ft tall and 10 ft wide. Secured with top-of-the-line fencing and hot wire for added protection. Also included is a 1 bed, 1 bath home with newer roof plus a separate single-car garage. Perfect for business use, storage, or live/work setup with room to grow.
Investor Tools
$0Estimated Mortgage Balance
$75,303Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,391
$75,303
2025
$4,138
$71,165
$75,303
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,391
$75,303
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$75,303
100%
0%
$0/mo
