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$285,000

7817 Sombrero Dr, Amarillo, TX, 79108

On MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,004 Sq Ft
price_per_sqft$142.22 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size8,276 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-7350-1590
Lot Number2
SubdivisionLoma Vista # 3
Land UseResidential
Legal DescriptionLOMA VISTA # 3, LOT 002, BLK 0007
Census Tract015100
Assessed Land Value$9,450
Assessed Improvement Value$232,336
Assessment Year2025

About this property

River Road Beauty with Incredible Shop! Cute & cozy, move-in ready 5-bedroom home that has been very well cared for & offers a great blend of comfort & function throughout. Inside features updated double-pane windows & back door installed in 2016, plus a garage conversion adding two extra rooms perfect for an office, hobby room, guest space, or playroom. The zero-scaped backyard is low maintenance with a deck, 8x8 storage shed, & an in-ground storm shelter located in a bedroom for added peace of mind. The 24x24 shop features a paved driveway, 220-volt outlet, epoxy floor, & insulated walls. Updates include a new water heater, HVAC only 4 years old, roof replaced in 2025, & appliances convey with the home.

Investor Tools

$116,344Estimated Mortgage Balance
$125,442Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Lori Horner Realty Group

Lori Horner Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,031
$241,786
2025
$9,450
$232,336
$241,786
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,031
$241,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$142,373
Yes
First
Sep 14, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,344
$125,442
51%
48%
$854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$854/mo
+$546/mo
6.9%

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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