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$360,000

7909 Mitcham Dr, Amarillo, TX, 79121

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,788 Sq Ft
price_per_sqft$129.12 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRefrigerator, Microwave, Double Oven, Cooktop

Exterior

Private PoolPrivate Pool
Exterior FeaturesBrick
Lot Size8,276 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-065-1590-3885
SubdivisionPuckett West # 6
Land UseResidential
Legal DescriptionPUCKETT WEST # 6, BLK 0035, SW 1 FOOT OF 18 ALL OF 19 & NE 2FT OF 20
Census Tract021603
Assessed Land Value$22,760
Assessed Improvement Value$299,144
Assessment Year2025

About this property

Welcome home to this spacious 4-bedroom, 3-bathroom property, offering an abundance of room to live, relax, and entertain. With enormous bedrooms, two separate living spaces, and thoughtful features throughout, this home provides the flexibility and comfort today's buyers are looking for. The kitchen offers tons of cabinet space, making storage a breeze and providing plenty of room for meal preparation and entertaining. With two living areas, there is plenty of space for a family room, game room, home office, media area, or whatever best fits your lifestyle. The oversized bedrooms provide exceptional space and versatility, giving everyone room to spread out. Located in a quiet, peaceful neighborhood, this home combines comfortable living with a welcoming setting. Whether you're looking for space for a growing household, guest accommodations, or simply more room to enjoy, this property has plenty to offer. Carpet allowance is negotiable, giving buyers an opportunity to make the flooring work for their style and preferences.

Investor Tools

$109,660Estimated Mortgage Balance
$217,334Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Nikki Olson

ERA Courtyard Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,503
$321,904
2025
$22,760
$299,144
$321,904
No

Tax History

Year
Tax Paid
Assessed Value
2018
$2,503
$321,904

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premier Lending Inc
Fha
$109,890
Yes
First
Jul 17, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,660
$220,340
66%
33%
$697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$697/mo
+$933/mo
5.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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