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Days7Days on Market
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$295,000

7805 Farrell Drive, Amarillo, TX, 79121

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,255 Sq Ft
price_per_sqft$130.82 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size8,276 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-065-1590-3310
Lot Number3
SubdivisionPuckett West # 5
Land UseResidential
Legal DescriptionPUCKETT WEST # 5, LOT 003, BLK 0031
Census Tract021603
Assessed Land Value$22,760
Assessed Improvement Value$252,393
Assessment Year2025

About this property

Well-maintained home. Spacious floor plan features generously sized bedrooms, including a private primary suite with two walk-in closets. Secondary bedrooms also offer walk-in closets for added storage. Recent updates include granite countertops in both bathrooms, porcelain flooring, tub surround and shower upgrades, travertine kitchen backsplash, and hardwood-look porcelain flooring in the kitchen, breakfast area, and utility room. Cathedral ceilings enhance the living and game rooms, providing flexible space for recreation or entertaining. Additional features include crown molding, updated fixtures, abundant storage, automatic sprinkler system, lofted barn storage, a 7-foot stained privacy fence, and a large covered patio.

Investor Tools

Property Icon
$275,153
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Cornerstone Realty Group

RockOne Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,245
$275,153
2025
$22,760
$252,393
$275,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,245
$275,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$284,648
Yes
First
May 30, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,187
N/A
0%
105%
$1,840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$1,840/mo
$-440/mo
6.1%

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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7805 Farrell Drive, Amarillo, TX 79121 | Property Details | No Agent List