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Days25Days on Market
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$287,000

7624 SOMBRERO Drive, Amarillo, TX, 79108

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.05 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,098 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR-044-7350-0560
SubdivisionLoma Vista # 2
Land UseResidential
Legal DescriptionLOMA VISTA # 2, BLK 0002, N 32FT OF 26 & S 48FT OF 27
Census Tract015100
Assessed Land Value$11,200
Assessed Improvement Value$250,990
Assessment Year2025

About this property

Updated and move-in ready in the sought after River Road area! This spacious home offers an open-concept layout with two large living areas, four oversized bedrooms, and three full bathrooms--perfect for growing families or those needing extra space. Recent updates per seller include newer flooring, newer HVAC, updated electrical, and newer windows. The oversized double-car garage provides ample storage, while the separate detached office/workshop has been completely finished out and offers endless possibilities for work, hobbies, or a private retreat. Mature trees shade the property and add to the inviting curb appeal. Conveniently located near schools, this home is ready for its next family to make lasting memories. Plenty of room to grow, entertain, and make it your own!

Investor Tools

Property Icon
$262,190
Estimated Property Value
$0Estimated Mortgage Balance
$240,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

Interested in this property?

Julie Sauls

Landmark Realty Amarillo

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,402
$262,190
2025
$11,200
$250,990
$262,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,402
$262,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$15,242,108
Yes
First
N/A
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,230
$240,960
91%
8%
$136/mo

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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