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$343,299

NAL Estimated Property Value

933 W Bonita Ave, Amarillo, TX, 79108

$349,447 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,328 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.08 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Microwave, Dishwasher, Cooktop

Exterior

Exterior FeaturesBalcony
Lot Size24,829 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-035-6500-2800
Lot Number4
SubdivisionLee O Hetrick Sub
Land UseResidential
Legal DescriptionLEE O HETRICK SUB, LOT 004, BLK 0002
Census Tract015200
Assessed Land Value$4,000
Assessed Improvement Value$339,299
Assessment Year2025

About this property

BEAUTIFUL 2 Story Home with 30 X 40 SHOP on approx. .57 acre in peaceful country community of Amarillo! Many updates throughout home including removing popcorn ceilings, freshly painted, new carpet, updates in bathrooms, all new pvc plumbing, new sewer, gas & electrical- only cast iron is house to street (per seller)! Area has brand new gas lines - all city utilities! Wonderful built-ins in the Living Room, spacious kitchen with lots of cabinets, granite & newer stainless appliances! Two Bedrooms and baths downstairs, one upstairs with a 2nd living area or perfect area for an office! Nice Balcony overlooking the fenced backyard! Metal fence around property! 30X40 SHOP, 10' walls! Electric in small shop, too! RV Hookup! Sprinklers front & back! Possible Lease to Own!

Investor Tools

Property Icon
$343,299
Estimated Property Value
$102,439Estimated Mortgage Balance
$240,860Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$349,447
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,438
$343,299
2025
$4,000
$339,299
$343,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,438
$343,299

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Arm (Adjustable Rate Mortgage)
$132,000
No
First
Feb 19, 2015
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,439
$240,860
70%
30%
$689/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$689/mo
+$711/mo
4.9%

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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933 W Bonita Ave | Property Details | No Agent List