1218 North Madison Street

Amarillo, TX 79107

$237,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor's opportunity awaits with this 3-bedroom, 1-bath duplex. Ideal for those seeking a lucrative real estate venture, this property promises a strong return on investment with tenants in place. Each unit features three bedrooms, maximizing rental potential and attracting a variety of tenants. The shared bathroom enhances affordability and ease of maintenance. Price reduction of more than $20,00 from original listing!Investor's opportunity awaits with this 3-bedroom, 1-bath duplex. Ideal for those seeking a lucrative real estate venture, this property promises a strong return on investment with tenants in place. Each unit features three bedrooms, maximizing rental potential and attracting a variety of tenants. The shared bathroom enhances affordability and ease of maintenance. Price reduction of more than $20,00 from original listing!
  1. Listed by Carleigh Thomas • TREC #719671 • Keller Williams Realty Amarillo

Property Details for 1218 North Madison Street

Zoning Description
0100 - NW Amarillo in City Limits
Architectural Style
Duplex

Location

Listing Courtesy of Keller Williams Realty Amarillo
Add your commute
LISTING UPDATED: 05/17/2024 09:37 AM

Property Details for 1218 North Madison Street

StatusActive
MLS #24-4086
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built2022
Lot Size0.06 AC / 2,472 SF
CountyPotter County

Location

Listing Courtesy of Keller Williams Realty Amarillo
Add your commute

Building Information for 1218 North Madison Street

Stories-Residences2Year Built2022Building Size-Lot Size0.06 AC / 2,472 SF

Payment Calculator

$1,622 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,296

Property Taxes

$326

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1218 North Madison Street

Summary
Location and General Information
  • City: Amarillo
  • County Or Parish: Potter
  • Directions: Take W Amarillo Blvd. Turn on North Madison Street.
  • Latitude: 35.227071
  • Longitude: -101.841568
  • Postal Code: 79107
  • State Or Province: TX
Taxes and HOA
  • Tax Legal Description: MILLER HEIGHTS, BLK 0038, LOTS 19 & 20, 0.2000 ACRES
  • Association Fee: $0
  • Taxes and Legal Information : City: Amarillo
  • Taxes and Legal Information : Legal2: MILLER HEIGHTS, BLK 0038, LOTS 19 & 20, 0.2000 ACRES
Property
Lot Information
  • Lot Size Area: 0.06
  • Lot Size Acres: 0.06
  • Living Area Source: Appraisal District
  • Lot Size Square Feet: 2472.0
  • Building Area Total: 0.0
  • Lot Size Units: Acres
  • Source of Sq Ft: Appraisal District
Property and Assessments
  • Property Type Label: MultiFamily
  • Floor Plans Count: 0
  • Year Built: 2022
  • Property Information : To Be Auctioned: No
  • Property Information : Style2: Duplex
  • Property Information : Zone: 0100 - NW Amarillo in City Limits
  • Property Information : Lot Size Square Feet: 2472.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Veneer
  • Roof: Composition
  • Roof : Composition: Yes
Interior Features
  • Appliances : Cooktop: Yes
  • Appliances : Disposal: Yes
  • Appliances : Microwave: Yes
  • Cooling: Yes
  • Cooling: Central Air
Room Information
Room Information
  • Total Bathrooms Source: MLS
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses Information
  • Income : Gross Income: 2000
Unit 1
  • Unit 1 : unit_nbr: 1
  • Unit 1 : Beds Total: 3
  • Unit 1 : Baths Total: 1
  • Unit 1 : Actual Rent: $1,000
  • Unit 1 : square feet: 1236
Unit 2
  • Unit 2 : unit_nbr: 2
  • Unit 2 : Beds Total: 3
  • Unit 2 : Baths Total: 1
  • Unit 2 : Actual Rent: $1,000
  • Unit 2 : square feet: 1236

Property History for 1218 North Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1218 North Madison Street

Taxable ValueLand$3,300Additions$177,650Total$180,950
Tax Record2023$3,915 ($326 / month)
Home Facts
Total Finished SqFt2,472 SqFtAbove Grade Finished SqFt2,472 SqFtStories1Lot Size8,712 SqFtStyleDuplexYear Built2022ZoningMF1CountyPOTTERAPNR-044-9600-3110

Schools near 1218 North Madison Street

This home is within Amarillo Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - PK to 5
Public - 2 to 5
Public - 6 to 9
Rating
School
Distance
Carver Early Childhood Academy
PublicPK to 1

Forest Hill Elementary School
PublicPK to 5

Carver El Academy
Public2 to 5

Mann Middle School
Public6 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1218 North Madison Street is a multi-family home for sale in Amarillo, TX 79107. This property was listed for sale on May 16, 2024 by Keller Williams Realty Amarillo, it's currently listed at $237,500. This listing's school district is Amarillo Independent School District. Nearby schools include Carver Early Childhood Academy, Forest Hill Elementary School and Carver El Academy. 1218 North Madison Street is a 0-bed, 0-bath, multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Amarillo

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.