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B+
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Days9Days on Market
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$270,000

8603 Olympia Dr, Amarillo, TX, 79110

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,856 Sq Ft
price_per_sqft$145.47 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Double Oven, Dishwasher, Cooktop

Exterior

Private PoolPrivate Pool
Exterior FeaturesBlock
Lot Size10,454 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-039-1000-0375
SubdivisionHollywood Addn # 4
Land UseResidential
Legal DescriptionHOLLYWOOD ADDN # 4, BLK 0003, N 3FT OF 25 & ALL OF 26
Census Tract021500
Assessed Land Value$19,750
Assessed Improvement Value$250,428
Assessment Year2025

About this property

Seller is willing to provide a flooring allowance with an acceptable offer, giving you the opportunity to add your own personal style and finishes! Located in the desirable Hollywood/Scotsman neighborhood and served by Canyon ISD, this 3-bedroom, 2-bathroom home offers comfort, space, and endless potential. Inside, you'll find a functional layout with generous living areas designed for everyday living and entertaining. The 2-car garage provides ample storage, while the oversized lot offers plenty of room to enjoy the outdoors, expand, or create your own backyard retreat. Whether you're looking for your next home or an investment opportunity, this property is full of possibilities in a fantastic location.

Investor Tools

Property Icon
$275,000
Estimated Property Value
$125,000Estimated Mortgage Balance
$178,144Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Landon Moreland

Moreland Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,805
$270,178
2025
$19,750
$250,428
$270,178
No

Tax History

Year
Tax Paid
Assessed Value
2018
$3,805
$270,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$125,000
No
First
Jan 20, 2016
Feb 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,856
$178,144
64%
35%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
N/A
+$1,610/mo
7.0%

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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8603 Olympia Dr | Property Details | No Agent List