4603 Parker St · Amarillo, TX 79110

$145,000

3 bd · 1.0 ba · 1,156 sqft · SingleFamily public records · 34 Days on market

Built 1951 $125/sqft · 9% below area Est $159k · 9% under

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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 +16.8/30.0
• ARV discount +11.6/15.0
• DSCR +5.2/10.0
• 1% rule +5.0/10.0
• Rent growth +4.0/5.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Adorable home in Southlawn. Bring your clients to see this great starter home that has had some recent updates. Enjoy evenings on the deck in this family friendly back yard that has an apple and blueberry true. Per the owner a new class 4 roof in 2017, new air conditioner 2017, deck built 2017, and new hot water heater 2018.

Key facts

• Close to schools
• Large backyard
• Deck

Tags

• DETACHED GARAGE
• LARGE BACKYARD
• DECK
• CLOSE TO SCHOOLS
• CLOSE TO PARK

Property features AI

Finance

• Other: Located within city limits (SE Amarillo zoning)

Exterior

• Parking: Detached garage that faces the front (1 car)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level
• Construction: Frame construction; Pillar/post/pier foundation
• Exterior features: Wood fencing

Interior

• Kitchen: Range
• Bathrooms: One full bathroom
• Interior features: Range

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $92 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $145k).
• Recommended offer: $141k (3.0% 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-, crime F, commute 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.
• Zoned schools: South Lawn El (math 37% / reading 37%, grade F, #1,769 of 4,322 statewide, top 44%, 327 students, 86% FRL); Fannin Middle (math 36% / reading 30%, grade F, #930 of 1,662 statewide, top 57%, 657 students, 79% FRL); Caprock H S (math 33% / reading 34%, grade F, #1,011 of 1,632 statewide, top 63%, 2,090 students, 76% FRL) — zoned schools average 80% FRL vs 58% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+6.0%/yr); 65 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 45 units permitted in Randall County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Randall County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,650 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.00% ✓
• Cap rate: 7.06%
• Cash-on-cash: 2.73%
• DSCR: 1.12
• GRM: 8.3

CMA / ARV

• ARV (median comp): $159,372
• List price: $145,000
• Delta: -9.02%
• Verdict: FAIR
• Comps: 4 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 6.04% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.68×
• Total profit: $-12,977
• Equity at exit: $21,620

10-year hold

• IRR: 4.8%
• Equity multiple: 1.41×
• Total profit: $16,503
• Equity at exit: $12,537

Cash invested: $40,600 (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 79110

• Rents YoY: 6.0%
• Active inventory: 65
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,453 high
• Mortgage (P&I): −$760
• Tax from tax record: −$235 /mo · $2,815/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $92

Break-even live

Break-even rent $1,336

Max offer price $145,000

Occupancy floor 89%

Sensitivity live

Price	-10% $174	-5% $133	+0% $92	+5% $51	+10% $10
Rent	-10% $-22	-5% $35	+0% $92	+5% $150	+10% $207
Rate	-1.0pp $165	-0.5pp $129	base $92	+0.5pp $55	+1.0pp $17

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4611 Cline Rd Amarillo, TX	4.0	1.5	1500	$1,500	$1.00	22d	1	0.08mi
4615 S Lipscomb St Amarillo, TX	3.0	2.0	1168	$1,000	$0.86	14d	1	0.18mi
4623 Crockett St Amarillo, TX	2.0	1.0	720	$1,100	$1.53	22d	1	0.21mi
4620 S Hayden St Amarillo, TX	3.0	1.0	1036	$1,475	$1.42	22d	1	0.26mi
4316 S Hayden St Amarillo, TX	3.0	1.5	1356	$1,650	$1.22	44d	1	0.35mi
4308 S Jackson St Amarillo, TX	3.0	1.0	1302	$1,490	$1.14	22d	1	0.59mi
4108 Crockett St Amarillo, TX	3.0	1.0	1373	$1,525	$1.11	44d	1	0.61mi
5315 Allen St Amarillo, TX	3.0	1.0	891	$1,200	$1.35	22d	1	0.79mi
4205 S Tyler St Amarillo, TX	2.0	1.0	852	$925	$1.09	44d	1	0.84mi
3813 S Washington St Unit B Amarillo, TX	2.0	2.0	954	$1,050	$1.10	44d	1	0.87mi
5142 Crockett St Amarillo, TX	3.0	2.0	1030	$1,495	$1.45	14d	1	0.90mi
4003 S Bowie St Amarillo, TX	2.0	1.0	890	$995	$1.12	14d	1	0.91mi
3703 S Monroe St Amarillo, TX	2.0	1.0	750	$1,100	$1.47	22d	1	1.01mi
307 Mikeska St Amarillo, TX	3.0	2.0	1250	$1,800	$1.44	22d	1	1.12mi
608 Lochridge Amarillo, TX	3.0	2.0	1455	$1,900	$1.31	44d	1	1.23mi
5146 Susan Dr Amarillo, TX	3.0	2.0	1244	$1,675	$1.35	22d	1	1.26mi
4109 Tucson Dr Amarillo, TX	3.0	2.0	1395	$1,950	$1.40	22d	1	1.40mi
4101 SW 45th Ave Amarillo, TX	1.0–2.0	1.0	767	$955	$1.24	14d	3	1.42mi
3205 S Tyler St Amarillo, TX	3.0	1.0	1381	$1,475	$1.07	14d	1	1.43mi

Listing history 26 events

1. 2026-06-18
   days on market $145,000 Active 34 DOM
2. 2026-06-17
   days on market $145,000 Active 33 DOM
3. 2026-06-16
   days on market $145,000 Active 32 DOM
4. 2026-06-15
   days on market $145,000 Active 31 DOM
5. 2026-06-14
   days on market $145,000 Active 29 DOM
6. 2026-06-13
   days on market $145,000 Active 28 DOM
7. 2026-06-10
   days on market $145,000 Active 26 DOM
8. 2026-06-09
   days on market $145,000 Active 25 DOM
9. 2026-06-08
   days on market $145,000 Active 24 DOM
10. 2026-06-07
    days on market $145,000 Active 23 DOM
11. 2026-06-03
    days on market $145,000 Active 19 DOM
12. 2026-06-02
    days on market $145,000 Active 18 DOM
13. 2026-06-01
    days on market $145,000 Active 17 DOM
14. 2026-05-31
    days on market $145,000 Active 16 DOM
15. 2026-05-30
    days on market $145,000 Active 15 DOM
16. 2026-05-15
    listed $145,000 Active 202-char remark
17. 2019-02-20
    soldstatus 326-char remark

    Show marketing remark (326 chars)

    Adorable home in Southlawn. Bring your clients to see this great starter home that has had some recent updates. Enjoy evenings on the deck in this family friendly back yard that has an apple and blueberry true. Per the owner a new class 4 roof in 2017, new air conditioner 2017, deck built 2017, and new hot water heater 2018.

18. 2019-02-20
    soldstatus

    Show marketing remark (326 chars)

    Adorable home in Southlawn. Bring your clients to see this great starter home that has had some recent updates. Enjoy evenings on the deck in this family friendly back yard that has an apple and blueberry true. Per the owner a new class 4 roof in 2017, new air conditioner 2017, deck built 2017, and new hot water heater 2018.

19. 2018-11-07
    listed $94,000 326-char remark

    Show marketing remark (326 chars)

    Adorable home in Southlawn. Bring your clients to see this great starter home that has had some recent updates. Enjoy evenings on the deck in this family friendly back yard that has an apple and blueberry true. Per the owner a new class 4 roof in 2017, new air conditioner 2017, deck built 2017, and new hot water heater 2018.

20. 2014-11-24
    soldstatus
21. 2014-11-21
    soldstatus

    Show marketing remark (469 chars)

    A Charming Work Saver when Comfort Counts! Updates from about 2 years ago include: Pex-Line plumbing; A/C; updated bathroom; carpet; dishwasher; front/back doors; July 2014 outside of house and garage repainted!!!! With All These Appliances, you'll be Twice The Cook in Half The Time - refrigerator; dishwasher, range/oven and microwave with a stackable washer/dryer right around the corner = time saving trips! Don't forget about the large deck for those FUN BBQ's!

22. 2014-08-27
    listed $85,000

    Show marketing remark (469 chars)

    A Charming Work Saver when Comfort Counts! Updates from about 2 years ago include: Pex-Line plumbing; A/C; updated bathroom; carpet; dishwasher; front/back doors; July 2014 outside of house and garage repainted!!!! With All These Appliances, you'll be Twice The Cook in Half The Time - refrigerator; dishwasher, range/oven and microwave with a stackable washer/dryer right around the corner = time saving trips! Don't forget about the large deck for those FUN BBQ's!

23. 2009-11-19
    soldstatus
24. 2006-05-09
    soldstatus
25. 2005-02-14
    soldstatus
26. 1993-07-16
    soldstatus

ⓘ 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: $2,815 · $235/mo
• Projected year-2 tax: $2,815 · $235/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 9/10 Extreme
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 20 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: $17,435
• − Mortgage interest: −$8,122
• − Property taxes: −$2,815
• − Insurance: −$725
• − Repairs & maintenance: −$1,395
• − Management: −$1,395
• − Depreciation: −$4,218
• Taxable loss: −$1,235
• Est. tax savings @ 24.0%: +$296
• After-tax cash flow: $1,405/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: Randall County · 137,351 people
• City population: 185,802
• Metro: Amarillo, TX
• Population (ZIP): 16,994
• Household income: $66,683
• Rent vs Own: 30.1% rent · 69.9% own
• Severe rent burden: 208.0

Population outlook (Randall County) Hauer SSP2

• Today (2025): 152,140 people
• By 2030: 163,107 · +7.2%
• By 2040: 184,999 · +21.6%
• By 2050: 206,948 · +36.0%
• By 2075: 260,204 · +71.0%
• By 2100: 294,980 · +93.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (61%)
• Race & ethnicity: White 61% Hispanic / Latino 32% Two or more races 13% Black 4% Asian 1%
• Hispanic origin (detail): Mexican 29%
• Common ancestry: Italian 2% Slovak 1% Lithuanian 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 83% English-only · Spanish 13% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Randall

• 2024 margin: Solid R (+60.4) · D 19.4% · R 79.8%
• 2008→2024 swing: +2.3pp toward D · 2008: -62.7pp · 2024: -60.4pp
• All cycles: 2024: R+60.4 2020: R+58.8 2016: R+65.1 2012: R+68.2 2008: R+62.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -226.16%
• Current HPI: 180.2164
• Rent YoY: ▲ 6.04%
• 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

+70.6% since first listed

11 events — show timeline

• 2026-05-15 Listed $145,000 AARMLS
• 2019-02-20 Sold (Public Records) — Public Records
• 2019-02-20 Sold (MLS) — AARMLS
• 2018-11-07 Listed $94,000 AARMLS
• 2014-11-24 Sold (Public Records) — Public Records
• 2014-11-21 Sold (MLS) — AARMLS
• 2014-08-27 Listed $85,000 AARMLS
• 2009-11-19 Sold (Public Records) — Public Records
• 2006-05-09 Sold (Public Records) — Public Records
• 2005-02-14 Sold (Public Records) — Public Records
• 1993-07-16 Sold (MLS) — AARMLS

Property tax history

+4.8%/yr

Latest (2025): $2,815 · -1.0% YoY. Source: county tax records.