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Days44Days on Market
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$235,000

906 N FAIRMONT Street, Amarillo, TX 79106-7184

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,218 Sq Ft
price_per_sqft$192.94 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size7,841 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces6

Land Information

APNR-061-6800-2260
SubdivisionPark City Replat
Land UseResidential
Legal DescriptionPARK CITY REPLAT, BLK 0006, 15 AND 16
Census Tract015300
Assessed Land Value$4,480
Assessed Improvement Value$196,522
Assessment Year2025

About this property

Investor opportunity or perfect place to call home! This versatile property features a 2-bedroom, 1-bath home with central heat and air, sprinkler system, and a new gas line installed approximately three years ago (per seller). A spacious 30' x 50' shop with a half bath conveys with the property, offering endless possibilities for a business, workshop, storage, or additional income. Currently tenant occupied, with the tenant willing to stay if desired. Don't miss this unique property offering flexibility, functionality, and income-producing potential all in one!

Investor Tools

Property Icon
$201,002
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

Interested in this property?

Sara Middlebrook

Wieck Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,573
$201,002
2025
$4,480
$196,522
$201,002
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,573
$201,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank Southwest
Open End Mortgage / Open End With Future Advance Clause
$1,557,721
No
First
Oct 17, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,482,063
N/A
0%
737%
$9,340/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$972/mo
$9,340/mo
$-8,368/mo
5.8%

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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906 N FAIRMONT Street, Amarillo, TX 79106-7184 | Property Details | No Agent List