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$250,000

920 W BONITA Avenue, Amarillo, TX, 79108

$251,813 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,679 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.9 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Microwave, Gas Water Heater, Electric Water Heater

Exterior

Lot Size24,829 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-035-6500-1800
Lot Number18
SubdivisionLee O Hetrick Sub
Land UseResidential
Legal DescriptionLEE O HETRICK SUB, LOT 018, BLK 0001
Census Tract015200
Assessed Land Value$4,000
Assessed Improvement Value$181,532
Assessment Year2025

About this property

Versatile home in North Amarillo on a half-acre+ lot! Updated with floors, kitchen, appliances, plumbing, some windows, and a class 4 roof. Additional updates include a wheelchair lift to the front porch, full solar, and soffit and fascia! Very cozy eat-in kitchen and large living/dining area with cast iron wood stove! Natural wood finishes in much of the home. Very nicely updated bathrooms. 2 Tankless water heaters in a large utility room featuring individual PEX lines to all fixtures. Heating and Air updated with all electric 2 Stage furnace and 14 Seer Condensor. Foundation was updated under rear of home. Large two car metal garage/SHOP on concrete in the rear with plenty of room for family and pets/animals to enjoy the huge backyard. All this in a quiet location near the north loop! New owner will have a choice of electric heat or wood burning stove, an electric or propane gas water heater. Wired for hot tub in rear next to covered patio area. The deck remains in place for an above-ground pool, should the new owner decide to install one.

Investor Tools

$95,426Estimated Mortgage Balance
$152,574Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$251,813
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Patrick Lee

EXP Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$940
$185,532
2025
$4,000
$181,532
$185,532
No

Tax History

Year
Tax Paid
Assessed Value
2024
$940
$185,532

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$105,300
No
First
Jun 1, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,426
$152,574
61%
38%
$632/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$632/mo
+$768/mo
6.8%

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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920 W BONITA Avenue | Property Details | No Agent List