1007 Tudor Dr · Amarillo, TX 79104

$150,000

3 bd · 2.0 ba · 1,152 sqft · SingleFamily public records · 143 Days on market

Built 1964 $130/sqft · 114% above area

---

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 +13.4/30.0
• Appreciation +9.7/10.0
• ARV discount +7.5/15.0
• 1% rule +4.2/10.0
• DSCR +4.0/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming 3 bed, 1.75 bath home in Sunrise that's truly move-in ready. Enjoy a wide driveway, generous backyard, and a home that has been lovingly maintained inside and out. Bright, inviting, and aesthetically pleasing — perfect for a starter home or anyone looking for easy, comfortable living.

Key facts

• Move-in ready
• Wide driveway
• Lovingly maintained

Tags

• WIDE DRIVEWAY
• GENEROUS BACKYARD
• MOVE-IN READY
• LOVINGLY MAINTAINED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $2 ($23/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $138k (7.9% below list).
• Recommended offer: $132k (12.0% 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: George Washington Carver Early Childhood Academy (338 students, 68% FRL); Bowie Middle (math 32% / reading 37%, grade F, #858 of 1,662 statewide, top 54%, 748 students, 87% FRL); Amtech Career Academy (3 students, 0% FRL).
• Market conditions: 14 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,214 units permitted in Potter County in 2024 (650 in 5+ unit buildings).

Forward outlook

• In year one you build about $15k of equity ($1k loan paydown + $14k appreciation (9.4% local appreciation)).
• At projected returns (9.4% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 143 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 3% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

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

Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1964 — 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: 0.92% ✗
• Cap rate: 6.31%
• Cash-on-cash: 0.05%
• DSCR: 1.00
• GRM: 9.0

CMA / ARV

• ARV (median comp): $70,025
• List price: $150,000
• Delta: 114.21%
• Verdict: OVERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

9.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.0%
• Equity multiple: 2.80×
• Total profit: $75,527
• Equity at exit: $128,384

10-year hold

• IRR: 20.7%
• Equity multiple: 6.26×
• Total profit: $220,959
• Equity at exit: $269,986

Cash invested: $42,000 (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 79104

• Home prices YoY: 4.5%
• Active inventory: 14
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,382 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$241 /mo · $2,891/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$290
• Net cashflow: $2

Break-even live

Break-even rent $1,380

Max offer price $150,000

Occupancy floor 95%

Sensitivity live

Price	-10% $87	-5% $44	+0% $2	+5% $-41	+10% $-83
Rent	-10% $-107	-5% $-53	+0% $2	+5% $57	+10% $111
Rate	-1.0pp $77	-0.5pp $40	base $2	+0.5pp $-37	+1.0pp $-76

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2321 S Eastern St Amarillo, TX	3.0	1.0	1270	$1,150	$0.91	13d	1	0.84mi
621 S Hill St Amarillo, TX	3.0	2.0	1240	$1,600	$1.29	45d	1	1.09mi
3213 Hodges St Amarillo, TX	3.0	1.5	1092	$1,475	$1.35	46d	1	1.38mi

Listing history 24 events

1. 2026-06-21
   days on market $150,000 Active 143 DOM
2. 2026-06-18
   days on market $150,000 Active 140 DOM
3. 2026-06-17
   days on market $150,000 Active 139 DOM
4. 2026-06-16
   days on market $150,000 Active 138 DOM
5. 2026-06-15
   days on market $150,000 Active 137 DOM
6. 2026-06-14
   days on market $150,000 Active 135 DOM
7. 2026-06-13
   pricedays on market $150,000 Active 134 DOM
8. 2026-06-10
   days on market $155,000 Active 132 DOM
9. 2026-06-09
   days on market $155,000 Active 131 DOM
10. 2026-06-08
    days on market $155,000 Active 130 DOM
11. 2026-06-07
    days on market $155,000 Active 129 DOM
12. 2026-06-03
    days on market $155,000 Active 125 DOM
13. 2026-06-02
    days on market $155,000 Active 124 DOM
14. 2026-06-01
    days on market $155,000 Active 123 DOM
15. 2026-05-31
    days on market $155,000 Active 122 DOM
16. 2026-05-30
    days on market $155,000 Active 121 DOM
17. 2026-05-06
    price $155,000 300-char remark

    Show marketing remark (300 chars)

    Charming 3 bed, 1.75 bath home in Sunrise that's truly move-in ready. Enjoy a wide driveway, generous backyard, and a home that has been lovingly maintained inside and out. Bright, inviting, and aesthetically pleasing — perfect for a starter home or anyone looking for easy, comfortable living.

18. 2026-03-16
    status Active 300-char remark

    Show marketing remark (300 chars)

    Charming 3 bed, 1.75 bath home in Sunrise that's truly move-in ready. Enjoy a wide driveway, generous backyard, and a home that has been lovingly maintained inside and out. Bright, inviting, and aesthetically pleasing — perfect for a starter home or anyone looking for easy, comfortable living.

19. 2026-03-16
    price $160,000 300-char remark

    Show marketing remark (300 chars)

    Charming 3 bed, 1.75 bath home in Sunrise that's truly move-in ready. Enjoy a wide driveway, generous backyard, and a home that has been lovingly maintained inside and out. Bright, inviting, and aesthetically pleasing — perfect for a starter home or anyone looking for easy, comfortable living.

20. 2026-02-06
    historical Active Under Contract 300-char remark

    Show marketing remark (300 chars)

    Charming 3 bed, 1.75 bath home in Sunrise that's truly move-in ready. Enjoy a wide driveway, generous backyard, and a home that has been lovingly maintained inside and out. Bright, inviting, and aesthetically pleasing — perfect for a starter home or anyone looking for easy, comfortable living.

21. 2026-01-29
    listed $145,000 Active 300-char remark

    Show marketing remark (300 chars)

    Charming 3 bed, 1.75 bath home in Sunrise that's truly move-in ready. Enjoy a wide driveway, generous backyard, and a home that has been lovingly maintained inside and out. Bright, inviting, and aesthetically pleasing — perfect for a starter home or anyone looking for easy, comfortable living.

22. 2019-08-13
    soldstatus
23. 2012-06-19
    soldstatus
24. 2007-12-31
    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: $2,891 · $241/mo
• Projected year-2 tax: $2,891 · $241/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: $16,586
• − Mortgage interest: −$8,402
• − Property taxes: −$2,891
• − Insurance: −$750
• − Repairs & maintenance: −$1,327
• − Management: −$1,327
• − Depreciation: −$4,364
• Taxable loss: −$2,474
• Est. tax savings @ 24.0%: +$594
• After-tax cash flow: $617/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
• City population: 185,802
• Population (ZIP): 7,236

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: Predominantly Hispanic (71%)
• Race & ethnicity: Hispanic / Latino 71% Two or more races 33% White 22% Black 3% Asian 2%
• Hispanic origin (detail): Mexican 67%
• Common ancestry: Lithuanian 2% Iranian 2% Slovak 1%
• Foreign-born: 18% · Canada, Vietnam
• Languages at home: 56% English-only · Spanish 42% Other Indo-European 1% Other Asian/Pacific 1%

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: ▲ 9.38%
• Current HPI: 217.4814
• Rent YoY: —
• Metro: —
• 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

+6.9% since first listed

8 events — show timeline

• 2026-05-06 Price Changed $155,000 AARMLS
• 2026-03-16 Relisted — AARMLS
• 2026-03-16 Price Changed $160,000 AARMLS
• 2026-02-06 Contingent — AARMLS
• 2026-01-29 Listed $145,000 AARMLS
• 2019-08-13 Sold (Public Records) — Public Records
• 2012-06-19 Sold (Public Records) — Public Records
• 2007-12-31 Sold (Public Records) — Public Records

Property tax history

+6.1%/yr

Latest (2025): $2,891 · +2.1% YoY. Source: county tax records.