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$365,000

15116 Xit Trail, Amarillo, TX, 79118

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,190 Sq Ft
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size5 acres

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-044-9400-0720
Lot Number9
SubdivisionMescalero Park # 2
Land UseResidential
Legal DescriptionMESCALERO PARK # 2, LOT 009, BLK 0001, 5.0000 ACRES
Census Tract021706
Assessed Land Value$26,375
Assessed Improvement Value$287,948
Assessment Year2026

About this property

Welcome to 15116 XIT Trail. Nice Horse property on 5 acres. Peaceful country living in Mescalero Park between Amarillo and Canyon! Huge second living area (currently set up as 4th bedroom). Home is updated throughout and is currently operating as a successful short-term rental, home is being sold fully furnished. Inside, you will find a beautiful kitchen featuring granite countertops. Outside, the fully fenced acreage is the true highlight, featuring 6 horse stalls (5 with removable panels) and 1 run in the shed with feed alley, and enclosed arena with return alley. Large grass pasture that provides plenty of room for livestock. With its functional layout, generous outdoor space, and convenient location, this home is ready for its next owner. Call today for your private showing!

Investor Tools

$672,590Estimated Mortgage Balance
$342,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Rick Mendoza

Rick Mendoza REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,081
$314,323
2026
$26,375
$287,948
$314,323
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,081
$314,323

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$338,751
Yes
First
May 5, 2026
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$672,590
N/A
0%
197%
$4,062/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,870/mo
$4,062/mo
$-2,192/mo
6.6%

City: Amarillo

15116 Xit Trail | Property Details | No Agent List