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$135,000

309 N Alabama St, Amarillo, TX, 79106

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,429 Sq Ft
price_per_sqft$94.47 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
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

Interested in this property?

Dana Neeley

French and Co., REALTORS®

ContactContact

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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%

City: Amarillo

309 N Alabama St | Property Details | No Agent List