$139,900
1808 Magnolia St, Amarillo, TX, 79107
On Market
Just Added
Property Lead Type:
BankruptcyAbsentee Owner
Highlights
Interior
Exterior
Lot Size7,841 sqft
Building Information
Year Built1953
Stories1
Roof Type105
Land Information
APNR-035-3200-0670
Lot Number4
SubdivisionHamlet # 1
Land UseResidential
Legal DescriptionHAMLET # 1, LOT 004, BLK 0007
Census Tract012800
Assessed Land Value$7,760
Assessed Improvement Value$88,553
Assessment Year2025
About this property
This charming 3-bedroom, 1-bath home offers a fresh, updated feel with new interior paint and an updated bathroom. Owner Financing is available
Investor Tools
$67,266Estimated Mortgage Balance
$36,734Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$918
$96,313
2025
$7,760
$88,553
$96,313
No
Tax History
Year
Tax Paid
Assessed Value
2024
$918
$96,313
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Capital Llc
Purchase Money Mortgage
$70,000
No
First
Jul 8, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,266
$36,734
35%
65%
$420/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$420/mo
+$902/mo
15.3%
