906 NW 19th Ave · Amarillo, TX 79107

$125,900

3 bd · 3.0 ba · 2,051 sqft · SingleFamily public records · 96 Days on market

Built 1962 3,550 sqft lot $61/sqft · 57% below area ↓ 5% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.6/30.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• 1% rule +6.4/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

A fantastic opportunity to own a spacious home and make it your own! Perched atop a hill on a large corner lot, this property offers a stately presence and wonderful potential. The all-brick, split-level home features 3 bedrooms, 2 bathrooms, and a 2-car garage, with plenty of living space ready for your personal touch. This property is a perfect canvas for renovation! Being sold as-is and priced competitively, it presents an excellent opportunity for homeowners or investors alike! Interior photos to come.

Key facts

• Large corner lot
• All brick
• Split level

Tags

• LARGE CORNER LOT
• ALL BRICK
• SPLIT LEVEL

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $126k.

Deal economics

• At list price, monthly cash flow is $167 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $126k).
• Recommended offer: $115k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#624 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities C-, schools D, crime F.
• Amarillo ISD (urban): math 44% / reading 41% proficiency, ranked #336 of 826 in TX (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 120 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,214 units permitted in Potter County in 2024 (650 in 5+ unit buildings).
• This rent runs 42% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $870 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 96 days — a 9% lower offer ($115k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,569 (9.0% below list)

Questions for the listing agent

1. It's been on market 96 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.14% ✓
• Cap rate: 7.89%
• Cash-on-cash: 5.69%
• DSCR: 1.25
• GRM: 7.3

CMA / ARV

• ARV (median comp): $294,916
• List price: $125,900
• Delta: -57.31%
• Verdict: UNDERPRICED
• Comps: 6 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.4%
• Equity multiple: 0.73×
• Total profit: $-9,677
• Equity at exit: $18,772

10-year hold

• IRR: 2.2%
• Equity multiple: 1.16×
• Total profit: $5,608
• Equity at exit: $10,886

Cash invested: $35,252 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79107

• Home prices YoY: -20.9%
• Active inventory: 120
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,436 medium
• Mortgage (P&I): −$660
• Tax from tax record: −$254 /mo · $3,053/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $167

Break-even live

Break-even rent $1,224

Max offer price $125,900

Occupancy floor 83%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,475
• Closing costs: $3,777
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
609 N Monroe St Amarillo, TX	3.0	2.0	1500	$1,500	$1.00	44d	1	0.93mi
603 N Monroe St Amarillo, TX	3.0	2.0	2200	$1,500	$0.68	21d	1	0.97mi
302 N Madison St Amarillo, TX	3.0	2.0	2200	$1,500	$0.68	44d	1	1.16mi

Listing history 16 events

1. 2026-06-16
   days on market $125,900 Active 96 DOM
2. 2026-06-15
   days on market $125,900 Active 95 DOM
3. 2026-06-14
   days on market $125,900 Active 93 DOM
4. 2026-06-13
   days on market $125,900 Active 92 DOM
5. 2026-06-10
   days on market $125,900 Active 90 DOM
6. 2026-06-09
   days on market $125,900 Active 89 DOM
7. 2026-06-08
   days on market $125,900 Active 88 DOM
8. 2026-06-07
   days on market $125,900 Active 87 DOM
9. 2026-06-03
   days on market $125,900 Active 83 DOM
10. 2026-06-03
    price $125,900 Active 82 DOM
11. 2026-06-02
    days on market $142,900 Active 82 DOM
12. 2026-06-01
    days on market $142,900 Active 81 DOM
13. 2026-05-31
    days on market $142,900 Active 80 DOM
14. 2026-05-30
    days on market $142,900 Active 79 DOM
15. 2026-05-04
    price $142,900 513-char remark

    Show marketing remark (513 chars)

    A fantastic opportunity to own a spacious home and make it your own! Perched atop a hill on a large corner lot, this property offers a stately presence and wonderful potential. The all-brick, split-level home features 3 bedrooms, 2 bathrooms, and a 2-car garage, with plenty of living space ready for your personal touch. This property is a perfect canvas for renovation! Being sold as-is and priced competitively, it presents an excellent opportunity for homeowners or investors alike! Interior photos to come.

16. 2026-03-13
    listed $149,900 Active 513-char remark

    Show marketing remark (513 chars)

    A fantastic opportunity to own a spacious home and make it your own! Perched atop a hill on a large corner lot, this property offers a stately presence and wonderful potential. The all-brick, split-level home features 3 bedrooms, 2 bathrooms, and a 2-car garage, with plenty of living space ready for your personal touch. This property is a perfect canvas for renovation! Being sold as-is and priced competitively, it presents an excellent opportunity for homeowners or investors alike! Interior photos to come.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $3,053 · $254/mo
• Projected year-2 tax: $3,053 · $254/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 10/10 Extreme
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,228
• − Mortgage interest: −$7,052
• − Property taxes: −$3,053
• − Insurance: −$630
• − Repairs & maintenance: −$1,378
• − Management: −$1,378
• − Depreciation: −$3,663
• Taxable income: $74
• Est. tax owed @ 24.0%: −$18
• After-tax cash flow: $1,987/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Amarillo ISD
• NCES district ID: 4808130
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 41% ▼ -3.00%
• Median HH income: $43,478
• Composite: 35.96/100
• National rank: #4798
• State rank: #336 of 826 in TX

Livability — Amarillo

• Score: 66/100
• State rank: #624
• US rank: #11876

Category grades

Amenities C- Commute F Cost of living A+ Crime F Employment C Housing A+ Health & safety F User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Amarillo, TX
• County: Potter County · 72,216 people
• City population: 185,802
• Metro: Amarillo, TX
• Population (ZIP): 36,662
• Household income: $40,671
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 1019.0

Population outlook (Potter County) Hauer SSP2

• Today (2025): 121,296 people
• By 2030: 120,883 · -0.3%
• By 2040: 119,668 · -1.3%
• By 2050: 117,788 · -2.9%
• By 2075: 110,250 · -9.1%
• By 2100: 92,923 · -23.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: Hispanic / Latino 45% Black 25% Two or more races 17% White 16% Asian 10%
• Hispanic origin (detail): Mexican 41%
• Common ancestry: Ukrainian 1% Lithuanian 1%
• Foreign-born: 27% · Canada, Philippines, Vietnam
• Languages at home: 50% English-only · Spanish 35% Other Asian/Pacific 7% Vietnamese 2%

Political lean MEDSL · Potter

• 2024 margin: Solid R (+44.4) · D 27.3% · R 71.7% · Other 1.1%
• 2008→2024 swing: -5.0pp toward R · 2008: -39.4pp · 2024: -44.4pp
• All cycles: 2024: R+44.4 2020: R+38.7 2016: R+41.9 2012: R+44.6 2008: R+39.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.01%
• Current HPI: 215.7976
• Rent YoY: —
• Metro: Amarillo, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-4.7% since first listed

2 events — show timeline

• 2026-05-04 Price Changed $142,900 AARMLS
• 2026-03-13 Listed $149,900 AARMLS

Property tax history

+5.8%/yr

Latest (2025): $3,053 · +45.1% YoY. Source: county tax records.