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B+
NoAgentList RatingHow are grades calculated? Info
Days145Days on Market
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$598,000

7507 Continental Pkwy, Amarillo, TX, 79119

$656,391 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.29 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Cooktop, Dishwasher, Tankless Water Heater

Exterior

Lot Size9,583 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR-009-1683-1115
Lot Number4
SubdivisionThe Colonies # 27
Land UseResidential
Legal DescriptionTHE COLONIES # 27, LOT 004, BLK 0006, 0.2200 ACRES
Census Tract021609
Assessed Land Value$86,623
Assessed Improvement Value$494,415
Assessment Year2025

About this property

Beautiful and immaculate, this spacious home is located in the highly sought after Colonies neighborhood. Seller will offer $10,000 in concessions with an acceptable offer. Class 4 roof installed in April 2026. Offering 4 generously sized bedrooms, 3 bathrooms, and a 3-car garage, this home combines function and style. Primary bath has a steam shower great for relaxation. The open concept design creates a natural flow between the living room, kitchen, and casual dining area. The kitchen features ample workspace, quality cabinetry, and a layout ideal for gatherings. A formal dining room adds sophistication, while the second living area provides additional space for relaxing or hosting. The garage includes a built-in storm cellar, for peace of mind during severe weather. With elegant finishes and thoughtful details throughout, this well-maintainhome that is move-in ready and suited for those looking to enjoy one of Amarillo's most desirable neighborhoods.

Investor Tools

Property Icon
$597,000
Estimated Property Value
$322,893Estimated Mortgage Balance
$314,270Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$656,391
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,588 /month
Positive
Cash Flow Estimate:
$1,196 /month

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Mikki Burns

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,103/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,249
$581,038
2025
$86,623
$494,415
$581,038
No

Tax History

Year
Tax Paid
Assessed Value
2018
$10,249
$581,038

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$322,893
No
First
Jan 3, 2020
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,730
$314,270
52%
47%
$1,936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,810/mo
$2,056/mo
$-246/mo
3.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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7507 Continental Pkwy | Property Details | No Agent List