$225,000
6013 Princeton St, Amarillo, TX, 79109
On Market
Just Added
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Microwave, Cooktop
Exterior
Exterior FeaturesBrick
Lot Size9,148 sqft
Building Information
Year Built1977
Stories1
Roof Type105
Garage Spaces4
Land Information
APNR-026-0300-0410
Lot Number7
SubdivisionGlendale Addn # 3
Land UseResidential
Legal DescriptionGLENDALE ADDN # 3, LOT 007, BLK 0003
Census Tract021500
Assessed Land Value$17,760
Assessed Improvement Value$259,359
Assessment Year2025
About this property
GREAT opportunity with excellent potential and a huge shop. Priced to have what YOU want! The home has no carpet and needs paint and flooring updates. The kitchen features good cabinetry with potential; cabinets need cleaning and appliances need updating. The shop is the crown jewel, which includes an upstairs area with built in hoist and awesome sturdy ladder with hand rail. Bldg ac/ht unit, 220 outlet ample concrete and abundant parking.
Investor Tools
$168,251Estimated Mortgage Balance
$113,749Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,146
$277,119
2025
$17,760
$259,359
$277,119
No
Tax History
Year
Tax Paid
Assessed Value
2018
$4,146
$277,119
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roy D Mcdowell Etal
Seller Carryback / Seller Financing / Seller Take-Back
$200,000
No
First
Nov 1, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,251
$113,749
40%
60%
$1,200/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,200/mo
+$230/mo
6.1%
