Last 24 Hours
$695,000
1420 Ne 3rd Ave, Amarillo, TX, 79107
On Market
Just Added
— Beds
— Bath
23,180 Sq Ft
$29.98 / sqft
Built in 1953Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —
Heating Floor/WallFlooringCone Slab
Exterior
Lot Size27,443 sqft
Building Information
Year Built1953
Stories1
Land Information
APNR-039-0300-4125
Lot Number1,5
SubdivisionHolland Addn - Hf Smiths Sub Of Blk 272
Land UseIndustrial
Legal DescriptionHOLLAND ADDN - HF SMITHS SUB OF BLK 272, BLK 0001, E 75FT EACH OF LOTS 1 THRU 4 & PT OF LOT 5 & W IRREG 81.5FT OF BLK 275 & E
Census Tract012200
Assessed Land Value$9,409
Assessed Improvement Value$366,198
Assessment Year2025
About this property
Over 23,000 square feet of warehouse space on approximately three-quarters of an acre. The property features two large overhead doors, a loading area, two bathrooms, and a spacious fenced side yard. Previous tenants included Amazon and Google, which used the property as a distribution station. The building has a rich history, including a local rumor that a movie was filmed here.
Investor Tools
$186,685Estimated Mortgage Balance
$188,922Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$814/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,890
$375,607
2025
$9,409
$366,198
$375,607
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,890
$375,607
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Commercial
$330,000
No
First
Apr 28, 2009
Apr 2014
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,685
$188,922
50%
50%
$1,979/mo
12.4%