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$223,000

NAL Estimated Property Value

8300 ARLIE Road, Amarillo, TX 79108-1966

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.81 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Microwave, Dishwasher

Exterior

Lot Size2 acres

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-009-0300-3550
Lot Number3
SubdivisionChaparral Hills # 5
Land UseResidential
Legal DescriptionCHAPARRAL HILLS # 5, LOT 003, BLK 0014, 2.0000 ACRES MANUFACTURER: 1994 SOLITAIRE SERIAL NUMBER: EMHOK12475A SERIAL NUMBER: T
Census Tract013400
Assessed Land Value$24,000
Assessed Improvement Value$131,748
Assessment Year2025

About this property

Enjoy wide-open panhandle living on 2 acres outside Amarillo! This 3-bedroom, 2-bath home features fresh paint inside and out and newer flooring in some rooms. The spacious living area offers a cozy corner fireplace, and two dining areas provide flexibility for entertaining. The kitchen includes stainless steel appliances and a gas stove, with all appliances conveying with an acceptable offer. The backyard features a privacy fence, perfect for pets. Approximately one acre is fenced separately for horses or livestock and includes existing horse facilities. A 30x50 SHOP with 10x50 covered patio adds exceptional versatility for projects, storage, or parking. Conveniently located less than 10 minutes from the Texas Tech Veterinary School, 35 minutes to Pantex and 40 minutes to city of Claude.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$162,889Estimated Mortgage Balance
$60,111Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,461
$155,748
2025
$24,000
$131,748
$155,748
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,461
$155,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$175,750
No
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,889
$60,111
26%
73%
$1,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$1,054/mo
+$346/mo
7.5%

City: Amarillo

8300 ARLIE Road, Amarillo, TX 79108-1966 | Property Details | No Agent List