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$190,000

1920 S Manhattan St, Amarillo, TX, 79103

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,350 Sq Ft
price_per_sqft$140.74 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange

Exterior

Exterior FeaturesBrick
Lot Size9,583 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-044-4200-0055
Lot Number11
SubdivisionLawndale Addn # 1
Land UseResidential
Legal DescriptionLAWNDALE ADDN # 1, LOT 011, BLK 0001
Census Tract010700
Assessed Land Value$10,800
Assessed Improvement Value$118,333
Assessment Year2025

About this property

Unique opportunity to invest in a home with a newly remodeled interior and detached studio apartment! The convenience of this functional studio apartment which includes a spacious kitchen area with plentiful cabinets, dedicated laundry space for a stackable washer and dryer, along with a full bathroom may be the ideal space you've been looking for. This property also features a spacious backyard that includes a storage room and storm shelter. The opportunities are endless with the open space. Location is ideal, near I-40 and I-27 along with grocery stores and schools nearby. Schedule your private showing today!

Investor Tools

$115,399Estimated Mortgage Balance
$57,601Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Karina Nunez

MGroup

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,454
$129,133
2025
$10,800
$118,333
$129,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,454
$129,133

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A2bh Llc
Commercial
$119,894
No
First
Sep 5, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,399
$57,601
33%
67%
$719/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$719/mo
+$961/mo
11.7%

City: Amarillo