$395,000

Estimated payment $2,562/month

Total Views 272
-- Bed
-- Bath
4,652 Sq Ft
$85 Price per Sq Ft

Highlights

  • Fireplace
  • Patio
  • Utility Room
  • Paramount Terrace Elementary School Rated A-
  • Central Air
  • Fenced

About This Home

Amazing Opportunity! Strong income-producing duplex in Paramount Terrace. 3 total units-Side A; Side B, and garage apartment. Side A and Side B are 3/2; Each side has a room on second floor at the top of the stairs that makes a perfect 4th bedroom/office/playroom. Side A has a spacious backyard; Side B has a patio and detached garage; garage apartment has private backyard and detached garage. Within walking distance to Paramount Terrace park and elementary school. This is an excellent opportunity to secure a solid multifamily investment.

Listing Agent

Robin Malone

Keller Williams Realty Amarillo License #749695 Listed on: 09/09/2025

Keller Williams Realty Amarillo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 1961

Home Design

  • Duplex

Interior Spaces

  • 4,652 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Utility Room
  • Fire and Smoke Detector

Additional Features

  • Patio
  • Fenced
  • Central Air

Community Details

  • 3 Units
  • Association Phone (806) 359-4000

Listing and Financial Details

  • Assessor Parcel Number 159001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,496

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: MultiFamily
  • Directions: From I-40 and Western proceed South, turn left on 34th street, turn right onto Janet Drive. duplex is located at the corner of Janet Drive and Overlook Drive.
  • Year Built: 1961
  • Property Information:Style2: Duplex
  • Property Information:Number of Stories: Two
  • Safety Features:SmokeHeat Detector: Yes
  • Property Information:NewExisting: Existing
  • Cooling:Central Air2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Unit Features:Fireplace: Yes
  • Unit Features:Fenced Area: Yes
  • Unit Features:Patio2: Yes
  • Unit Features:Utility Room3: Yes

Utilities

  • Security: Smoke/Heat Detector
  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Phone: 806-359-4000

Lot Info

  • Parcel #: 159001
  • Zoning Description: 0200 - SW Amarillo in City Limits

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5496.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,380 $371,292 -- --
2024 $6,380 $337,538 $13,359 $499,151
2023 $5,039 $459,092 $13,359 $445,733
2022 $5,959 $357,520 $13,359 $344,161
2021 $5,655 $253,597 $13,359 $240,238
2020 $5,594 $250,535 $13,359 $237,176
2019 $5,644 $250,535 $13,359 $237,176
2018 $4,620 $211,757 $13,359 $198,398
2017 $4,571 $210,717 $13,359 $197,358
2016 $4,571 $210,717 $13,359 $197,358
2015 $4,349 $210,717 $13,359 $197,358
2014 $4,349 $210,717 $13,359 $197,358
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $395,000 -- $85 / Sq Ft
Source: Amarillo Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Warranty Deed -- Tllt
Vendors Lien -- Lt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,097 FHA
Closed $246,847 FHA
Closed $245,471 FHA
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $137,200 Unknown
Previous Owner $136,500 Purchase Money Mortgage
Source: Public Records

Source: Amarillo Association of REALTORS®

MLS Number: 25-7843

APN: R-061-5200-5380