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$340,000

802 Sanders Ave, Amarillo, TX, 79108

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths1,649 Sq Ft
price_per_sqft$206.19 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Dishwasher

Exterior

Exterior FeaturesDog Run
Lot Size1.73 acres

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-044-1200-0240
SubdivisionJohnnie Jones Sub
Land UseResidential
Legal DescriptionJOHNNIE JONES SUB, BLK 0002, 2 THRU 7, 1.7200 ACRES
Census Tract015100
Assessed Land Value$24,098
Assessed Improvement Value$264,612
Assessment Year2025

About this property

Discover the potential of this inviting brick home situated on a spacious property offering room to spread out and make it your own! Featuring extra parking and large storage units. One with a single car detached garage door with 240 volt. What truly sets this property apart is the additional land with multiple water spigots located throughout, offering exciting possibilities for RV parking, recreational use, or potential RV rental spaces. Whether you're looking for room for your own recreational or work vehicles or an opportunity to explore income producing possibilities. This unrestricted property offers plenty of flexibility. The house is on well water and the yard on city water. Pier and beam construction with storm shelter. 4th bedroom could be used as second living area. Beautiful!

Investor Tools

$199,301Estimated Mortgage Balance
$92,699Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Condra Fox

7:12 Hometown Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,217
$288,710
2025
$24,098
$264,612
$288,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,217
$288,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Castle Mortgage Corp
Conventional
$212,000
No
First
Jul 25, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,301
$92,699
31%
68%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$1,272/mo
+$378/mo
6.8%

City: Amarillo