Last 24 Hours
$59,900
9939 E FM 1912, Amarillo, TX, 79108
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size5.17 acres
Land Information
APN000000314479
SubdivisionSect 64 A B & M Blk 0002
Land UseRural Land,Not Qualified For Open-Space Land
Legal DescriptionSECT 64 A B & M BLK 0002, TR BEG 632.31FT W OF SE COR OF SECT, 5.1700 ACRES
Assessed Land Value$50,000
Assessment Year2025
About this property
5 Acres Ready for Your Custom Home or Barndo! Wide-open country living in this 5-acre tract that gives you the space and freedom to design and build exactly what you've been envisioning. Situated in Highland Park ISD, the property offers a peaceful rural setting just a short drive from Amarillo, with convenient access to Pantex, Bell Helicopter, the Amazon facility, and the airport. There's ample room for a workshop, barn, or possible additional living space. With light restrictions and no HOA, you can truly make it your own. Horses and livestock are welcome--start building your future here, on your timeline.
Investor Tools
$53,797Estimated Mortgage Balance
$50,000Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$359 /month
Positive
Cash Flow Estimate:
$120 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$21/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$50,000
2025
$50,000
N/A
$50,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$50,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Plains Land Investments Llc
Purchase Money Mortgage
$55,358
No
First
Oct 14, 2024
Nov 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,797
N/A
0%
108%
$332/mo
12.4%