$72,500
81 N Virginia St, Amarillo, TX, 79106
On Market
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,970 sqft
Building Information
Year Built1946
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-069-1000-3021
Lot Number1
SubdivisionSan Jacinto Heights Amd
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS AMD, LOT 001, BLK 0081
Census Tract015300
Assessed Land Value$6,500
Assessed Improvement Value$57,748
Assessment Year2025
About this property
GREAT INVESTMENT OPPORTUNITY! This home is perfect for anyone wanting to expand their investment portfolio. There is already a tenant in place. Also would be perfect for a first time homebuyer.
Investor Tools
$759,176Estimated Mortgage Balance
$95,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$958
$64,248
2025
$6,500
$57,748
$64,248
No
Tax History
Year
Tax Paid
Assessed Value
2024
$958
$64,248
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Commercial
$40,375
No
First
Nov 10, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$759,176
N/A
0%
799%
$4,604/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$4,604/mo
$-3,632/mo
12.3%
