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$767,000

7616 S New England Parkway, Amarillo, TX, 79119

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.56 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Range, Microwave

Exterior

Lot Size11,326 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-009-1683-1170
Lot Number15
SubdivisionThe Colonies # 27
Land UseResidential
Legal DescriptionTHE COLONIES # 27, LOT 015, BLK 0006, 0.2600 ACRES
Census Tract021609
Assessed Land Value$83,678
Assessed Improvement Value$634,732
Assessment Year2025

About this property

Beautiful home in the Colonies with all the space you have been looking for! This 5 bed, 4 bath, 3 car garage home offers a flexible layout with second living area and an additional upstairs room that works perfectly for a mother-in-law or private guest space. The 5th bedroom can also be used as an office. Also features formal dining area plus a breakfast nook for every day living. Step outside to a large covered patio, perfect for hosting or unwinding at the end of the day as well as storm cellar in garage. Located in a prime area close to shopping and restaurants! Call today for a private showing.

Investor Tools

Property Icon
$767,000
Estimated Property Value
$0Estimated Mortgage Balance
$352,202Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,602 /month
Positive
Cash Flow Estimate:
$1,534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,337/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,209
$718,410
2025
$83,678
$634,732
$718,410
No

Tax History

Year
Tax Paid
Assessed Value
2018
$12,209
$718,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Conventional
$465,000
No
First
Oct 8, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,798
$352,202
45%
54%
$2,788/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,810/mo
$2,908/mo
$-1,098/mo
2.8%

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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7616 S New England Parkway | Property Details | No Agent List