$135,000
309 N Alabama St, Amarillo, TX, 79106
On Market
Just Added
Property Lead Type:
BankruptcyAbsentee Owner
Highlights
Interior
AppliancesRefrigerator, Range, Microwave, Dishwasher
Exterior
Exterior FeaturesBrick
Lot Size6,970 sqft
Building Information
Year Built1951
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-069-1000-3624
Lot Number5
SubdivisionSan Jacinto Heights
Land UseResidential
Legal DescriptionSAN JACINTO HEIGHTS, LOT 005, BLK 0097
Census Tract015300
Assessed Land Value$6,500
Assessed Improvement Value$89,580
Assessment Year2025
About this property
Very cute home for rental or first time home buyer. Home is in great shape inside, but needs some outside tlc. Home is sold ''as is'' and is priced accordingly. Easy access to downtown or the medical center.
Investor Tools
$89,651Estimated Mortgage Balance
$18,349Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,110
$96,080
2025
$6,500
$89,580
$96,080
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,110
$96,080
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$99,900
No
First
Jun 16, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,651
$18,349
16%
83%
$599/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,322/mo
$599/mo
+$723/mo
14.7%
