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$840,000

8901 Red Wing Road, Amarillo, TX, 79119

Under ContractInfo
Beds3 Beds
Baths4 Bath
Baths3,249 Sq Ft
price_per_sqft$258.54 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Microwave, Double Oven, Dishwasher

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size4.93 acres

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-035-2598-1500
Lot Number13
SubdivisionGreyhawk Landing # 1
Land UseResidential
Legal DescriptionGREYHAWK LANDING # 1, LOT 013, BLK 0002, 4.9300 ACRES
Census Tract021707
Assessed Land Value$45,000
Assessed Improvement Value$678,277
Assessment Year2025

About this property

Discover this spacious 3 bedroom, 4 bathroom home with 2 car garage in the coveted Grey Hawk neighborhood! This home features a beautiful kitchen and dining area perfect for friends and family. Isolated primary with a luxury ensuite gives all the privacy you need. Two spacious room upstairs perfect for kids or entertaining family. Extra room could be used as a 4th bedroom. Walk outside and you will find your own personal retreat featuring 4.93 acres with an 18 ft. above ground pool, hot tub and Horse barn (6 stalls)! Peaceful setting, functional layout and versatile acreage makes this a rare find for families and horse lovers alike. Don't miss this one!

Investor Tools

$429,518Estimated Mortgage Balance
$410,482Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,040 /month
Positive
Cash Flow Estimate:
$1,680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,046/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,357
$723,277
2025
$45,000
$678,277
$723,277
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,357
$723,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clearpath Lending
Va
$489,500
Yes
First
Feb 3, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,518
$410,482
48%
51%
$2,935/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$2,935/mo
$-1,385/mo
2.2%

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.

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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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8901 Red Wing Road | Property Details | No Agent List