$92,000
802 S Fairmont St, Amarillo, TX, 79106
$100,362 ARV
On Market
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,970 sqft
Building Information
Year Built1923
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR-069-1000-7380
Lot Number5
SubdivisionSan Jacinto Heights
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS, LOT 005, BLK 0196
Census Tract011900
Assessed Land Value$6,500
Assessed Improvement Value$57,130
Assessment Year2025
About this property
Cute home ready for new owners! This home is perfect for any first time homebuyer or investor. There is already a tenant in place!
Investor Tools
$777,145Estimated Mortgage Balance
$123,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$100,361
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,320
$63,630
2025
$6,500
$57,130
$63,630
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,320
$63,630
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Commercial
$60,000
No
First
Mar 19, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$777,145
N/A
0%
632%
$4,721/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$4,721/mo
$-3,749/mo
9.5%
