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$260,000

5205 Raindrop Ln, Amarillo, TX, 79110

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,724 Sq Ft
price_per_sqft$150.81 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesBrick
Lot Size7,579 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-073-0430-1020
Lot Number3
SubdivisionThe Shores # 1 Amd
Land UseResidential
Legal DescriptionTHE SHORES # 1 AMD, BLK 0005, LOT 3 PLUS NE PTN OF 2, 0.1740 ACRES
Census Tract021000
Assessed Land Value$10,010
Assessed Improvement Value$205,062
Assessment Year2026

About this property

Tucked away on a cul-de-sac in the Shores area, this 3-bedroom, 2-bath, 2-car garage home offers plenty of space to gather or entertain. A formal dining room leads into the spacious living area, where a cozy fireplace anchors the room and the layout flows naturally into the kitchen. At the heart of it all is a large island featuring a built-in range and cooktop with bar seating, perfect for casual meals and conversation. Step outside to a fenced backyard with a large covered patio ready for relaxing or entertaining. So many updates including newer HVAC system, updated electrical, bathrooms, kitchen, and a workshop with electric and mini split and space to make it your home away from home. This home has been LOVED and cared for! You don't want to miss the attention to detail on this one! HOA amenities include access to the community pool and tennis courts, adding more to enjoy beyond your own backyard!

Investor Tools

$0Estimated Mortgage Balance
$226,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Tiffaney Belflower

Belflower Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,803
$215,072
2026
$10,010
$205,062
$215,072
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,803
$215,072

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
$35/mo
+$1,575/mo
8.5%

City: Amarillo

5205 Raindrop Ln | Property Details | No Agent List