Large Location Icon

1040 Rain Cloud Ln; Amarillo, TX Property Details

1040 Rain Cloud Ln, Amarillo, TX is a Single Family that was built in 2013. This property is currently a cash purchase and is not for sale. Our records show that 1040 Rain Cloud Ln has 4 bedrooms, and 3 bathrooms, and a total of 3,117 square feet. The lot size of 1040 Rain Cloud Ln is 84,942 square feet.

Off market
1040 Rain Cloud Ln Amarillo, TX 79124
$525,636 Estimated Value
4 Beds
3 Baths
3,117 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2013
  • Est. Equity / %: $494,000 / 100%
  • Gross Yield: 13.025%
  • APN: 161999
  • Situs County: Potter
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Masonry
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: D
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,117/SqFt
  • Lot: 84,942/SqFt
  • Gross: 3,423/SqFt
  • Garage: 888/SqFt
  • Living: 3,117/SqFt
  • Building: 3,117/SqFt
  • Ground: 3,117/SqFt

Legal Description

  • Description: PRAIRIE WEST ESTATES # 8 AMD, LOT 020, BLK 0006, 1.9500 ACRES
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Bushland Independent School District
  • Lat / Lon: 35.203796 / -102.05159
  • Subdivision: Prairie West Estates # 8 Amd
  • Property Class: Residential
  • County Use Code: 9001

Amenities

  • Plus Four: 1371
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 4

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

1040 Rain Cloud Ln has no associated ownership info
1040 Rain Cloud Ln has no associated ownership info.

Taxes

1040 Rain Cloud Ln has 10 associated Taxes items

1040 Rain Cloud Ln, Amarillo, TX pays taxes in Potter County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $525,636. The APN we've located for 1040 Rain Cloud Ln is 161999.

Unlock the full report
Taxes
  • Assessed Value:  $525,636
  • Assessed Year:  2025
  • Assessed County:  Potter
  • APN:  161999
  • Assessed Land Value:  37000
  • Market Land Value:  37000
  • Tax Amount:  6982.23
  • Tax Year:  2024
  • Market Value:  525636
  • Market Year:  2025

Tax History

1040 Rain Cloud Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $525,636 Land Value $37,000 Improvement Value $488,636 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $506,560 Land Value $37,000 Improvement Value $469,560 Tax Amount $6,982.23 Change Rate -0.174399% Assessed CR Tax Rate +0.013784%
Year 2023 Assessed Value $500,870 Land Value $28,000 Improvement Value $472,870 Tax Amount $8,457.15 Change Rate -0.158229% Assessed CR Tax Rate +0.016885%
Year 2022 Assessed Value $504,237 Land Value $28,000 Improvement Value $476,237 Tax Amount $10,046.85 Change Rate +2.702911% Assessed CR Tax Rate +0.019925%
Year 2021 Assessed Value $381,581 Land Value $28,000 Improvement Value $353,581 Tax Amount $2,713.23 Change Rate +0.100327% Assessed CR Tax Rate +0.00711%
Year 2020 Assessed Value $354,465 Land Value $28,000 Improvement Value $326,465 Tax Amount $2,465.84 Change Rate +0.003145% Assessed CR Tax Rate +0.006957%
Year 2019 Assessed Value $347,536 Land Value $28,000 Improvement Value $319,536 Tax Amount $2,458.11 Change Rate +0.064896% Assessed CR Tax Rate +0.007073%
Year 2018 Assessed Value $333,715 Land Value $28,000 Improvement Value $305,715 Tax Amount $2,308.31 Change Rate +0.186042% Assessed CR Tax Rate +0.006917%
Year 2017 Assessed Value $326,207 Land Value $28,000 Improvement Value $298,207 Tax Amount $1,946.23 Change Rate -0.99% Assessed CR Tax Rate +0.005966%
Year 2016 Assessed Value $303,832 Land Value $25,000 Improvement Value $278,832 Tax Amount $194,623 Change Rate Assessed CR Tax Rate +0.640561%
Year 2015 Assessed Value $303,832 Land Value $25,000 Improvement Value $278,832 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $290,930 Land Value $25,000 Improvement Value $265,930 Tax Amount $1,867.89 Change Rate Assessed CR Tax Rate +0.00642%