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$510,000

NAL Estimated Property Value

7804 Covington Pkwy, Amarillo, TX, 79121

$520,806 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,054 Sq Ft
price_per_sqft$173.51 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size11,761 sqft

Building Information

Year Built1993
Stories1
Roof Type127
Garage Spaces3

Land Information

APNR-073-0541-1020
Lot Number13
SubdivisionSleepy Hollow # 71
Land UseResidential
Legal DescriptionSLEEPY HOLLOW # 71, LOT 013, BLK 0043
Census Tract021604
Assessed Land Value$48,060
Assessed Improvement Value$375,244
Assessment Year2025

About this property

COVETED SLEEPY HOLLOW, A PLACE TO GATHER, GROW & CREATE LASTING MEMORIES! Every inch thoughtfully designed with timeless style & exceptional functionality. The spacious layout features two comfortable living areas giving everyone their own space to relax. The heart of the home is a welcoming kitchen with abundant storage, including a walk-in pantry, that opens seamlessly to both the breakfast rm, dining rm & main living area making everyday living and entertaining effortless. The private primary suite offers a peaceful retreat, while three additional bedrooms and three full bathrooms provide comfortable accommodations for family and guests. Outside you'll find a great covered patio, plenty of room for children & pets with with a custom treehouse. A great place to make family memories..... for a lifetime. There is covered grilling porch off of the kitchen & a great dog run! Additional highlights include a three-car garage, storm shelter, beautiful wood flooring throughout, and pride of ownership that is evident at every turn. Located within the highly regarded Amarillo ISD school district and just minutes from shopping, dining, parks, and medical facilities, this move-in-ready home offers the rare combination of space, comfort, and an unbeatable location. THIS IS MORE THAN A HOUSE, IT IS A WONDERFUL HOME WITH JUST ABOUT EVERYTHING!

Investor Tools

Property Icon
$510,000
Estimated Property Value
$242,818Estimated Mortgage Balance
$267,182Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,179 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,418
$423,304
2025
$48,060
$375,244
$423,304
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,418
$423,304

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$275,000
No
First
Jun 8, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,818
$267,182
52%
48%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$1,649/mo
$-19/mo
3.8%

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.

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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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7804 Covington Pkwy | Property Details | No Agent List