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$292,000

7924 SIMPSON Drive, Amarillo, TX, 79121

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,781 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.77 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher/Dryer, Oven, Cooktop, Dishwasher, Microwave

Exterior

Lot Size7,841 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-065-1590-3754
Lot Number13
SubdivisionPuckett West # 5
Land UseResidential
Legal DescriptionPUCKETT WEST # 5, LOT 013, BLK 0034
Census Tract021603
Assessed Land Value$21,562
Assessed Improvement Value$221,444
Assessment Year2025

About this property

Freshly painted and move in ready! 3 bedroom, 2 bathroom home in the desirable Puckett West neighborhood. This property features a 2 car garage, bright sunroom, and an impressive 20 x 30 shop that offers plenty of space for storage, hobbies, or projects. The recently updated kitchen includes granite countertops, a new backsplash, and updated appliances. Conveniently located within walking distance to shopping, restaurants, and everyday amenities. This well maintained home combines great updates, functional space, and an excellent location.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$0Estimated Mortgage Balance
$199,743Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,571
$243,006
2025
$21,562
$221,444
$243,006
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,571
$243,006

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$102,000
No
First
May 3, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,257
$199,743
68%
32%
$612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$612/mo
+$788/mo
5.8%

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.

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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7924 SIMPSON Drive | Property Details | No Agent List