$319,000
7307 Nick St, Amarillo, TX, 79119
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureMust-SellAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Oven, Microwave, Dishwasher
Exterior
Exterior FeaturesBrick
Lot Size4,792 sqft
Building Information
Year Built2016
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-035-8560-9510
Lot Number83
SubdivisionHillside Terrace Estates # 22
Land UseResidential
Legal DescriptionHILLSIDE TERRACE ESTATES # 22, LOT 083, BLK 0015, 0.1100 ACRES
Census Tract021611
Assessed Land Value$20,500
Assessed Improvement Value$269,500
Assessment Year2025
About this property
Move-in ready garden home in desirable Hillside Terrace! This 3-bedroom property offers low-maintenance luxury showcasing an adorable patio with direct access right off the master! Equipped with sprinklers to bring the front yard back to life. Features: open floor plan, dedicated home office area, and an isolated master suite with TWO walk-in closets. Premium finishes include granite throughout and a cozy gas log fireplace. Incredible Buyer incentive: Seller offering $5,000 towards Buyer's closing costs with an acceptable offer! Schedule your tour today!
Investor Tools
$285,417Estimated Mortgage Balance
$46,583Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,784
$290,000
2025
$20,500
$269,500
$290,000
No
Tax History
Year
Tax Paid
Assessed Value
2018
$4,784
$290,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Southeast Texas Housing Finance Corp
Stand Alone Second / Subordinate Position
$14,237
No
First
Apr 12, 2024
Apr 2034
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,417
$46,583
14%
86%
$1,794/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,794/mo
$-244/mo
5.6%
