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$292,000

NAL Estimated Property Value

7211 Gainsborough Rd, Amarillo, TX, 79106

$297,754 ARVInfo
Recently SoldInfo
9/09/26
Beds3 Beds
Baths2 Bath
Baths2,235 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.71 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size9,148 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-001-1800-6725
SubdivisionBelmar # 13
Land UseResidential
Legal DescriptionBELMAR # 13, BLK 0071, W 22.52FT OF 12 & 11 EXC W 14.36FT
Census Tract010100
Assessed Land Value$27,443
Assessed Improvement Value$241,981
Assessment Year2025

About this property

WELCOME to this uniquely styled home in the highly sought-after Belmar neighborhood on Candy Cane Lane, known for its holiday spirit and established charm! This 3-bedroom, 2-bath home with rear-entry garage offers character, comfort, and peace of mind with a NEW roof prior to closing. The oversized living area features a cozy wood-burning fireplace, while beautiful wood-look flooring adds timeless style throughout. The isolated primary suite includes an updated bath and spacious dressing room. Imagine enjoying your morning coffee in the bright front sunroom or the enclosed back porch. Mature landscaping, storage shed, convenient access to I-40, and close proximity to medical services make this home a must-see! Schedule your showing TODAY!!

Investor Tools

Property Icon
$292,000
Estimated Property Value
$157,928Estimated Mortgage Balance
$135,288Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$297,754
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,316
$269,424
2025
$27,443
$241,981
$269,424
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,316
$269,424

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerihome Mortgage Company Llc
Conventional
$173,600
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,928
$115,072
42%
54%
$1,041/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$1,041/mo
+$281/mo
5.4%

City: Amarillo

7211 Gainsborough Rd | Property Details | No Agent List