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1118 S Lipscomb St; Amarillo, TX Property Details

1118 S Lipscomb St, Amarillo, TX is a Single Family that was built in 1941. This property is currently Financed and is not for sale. Our records show that 1118 S Lipscomb St has 3 bedrooms, and 3 bathrooms, and a total of 1,964 square feet. The lot size of 1118 S Lipscomb St is 7,841 square feet.

Off market
1118 S Lipscomb St Amarillo, TX 79102
$115,963 Estimated Value
3 Beds
3 Baths
1,964 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1941
  • Purchase Price: $133,000
  • Open Loans / Balance: 1 / $97,624
  • Est. Equity / %: $88,376 / 47.51%
  • Gross Yield: 8.884%
  • APN: 109483
  • Situs County: Potter
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 5

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,964/SqFt
  • Lot: 7,841/SqFt
  • Gross: 1,964/SqFt
  • Garage: 560/SqFt
  • Living: 1,964/SqFt
  • Building: 1,964/SqFt
  • Ground: 1,276/SqFt
  • Price Per Square Foot: $67.72

Legal Description

  • Description: ELIZABETH ADDN, LOT 001, BLK 0001
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Amarillo Independent School District
  • Lat / Lon: 35.203075 / -101.85361
  • Subdivision: Elizabeth Addn
  • Property Class: Residential
  • Zoning: MF2
  • County Use Code: 9003

Amenities

  • Plus Four: 1619
  • Bathroom Fixtures: 15
  • Cooling: Wall
  • Garage: Detached Garage
  • Heating: Floor/Wall
  • Parking: 2

Ownership Info

1118 S Lipscomb St has no associated ownership info
1118 S Lipscomb St has no associated ownership info.

Taxes

1118 S Lipscomb St has 10 associated Taxes items

1118 S Lipscomb St, 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 $115,963. The APN we've located for 1118 S Lipscomb St is 109483.

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Taxes
  • Assessed Value:  $115,963
  • Assessed Year:  2025
  • Assessed County:  Potter
  • APN:  109483
  • Assessed Land Value:  4500
  • Market Land Value:  4500
  • Tax Amount:  1503.66
  • Tax Year:  2024
  • Market Value:  115963
  • Market Year:  2025

Tax History

1118 S Lipscomb St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $115,963 Land Value $4,500 Improvement Value $111,463 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $112,941 Land Value $4,500 Improvement Value $108,441 Tax Amount $1,503.66 Change Rate -0.383104% Assessed CR Tax Rate +0.013314%
Year 2023 Assessed Value $112,656 Land Value $4,500 Improvement Value $108,156 Tax Amount $2,437.46 Change Rate -0.030033% Assessed CR Tax Rate +0.021636%
Year 2022 Assessed Value $105,994 Land Value $4,500 Improvement Value $101,494 Tax Amount $2,512.93 Change Rate +0.20094% Assessed CR Tax Rate +0.023708%
Year 2021 Assessed Value $83,022 Land Value $4,500 Improvement Value $78,522 Tax Amount $2,092.47 Change Rate +0.008235% Assessed CR Tax Rate +0.025204%
Year 2020 Assessed Value $83,148 Land Value $4,500 Improvement Value $78,648 Tax Amount $2,075.38 Change Rate +0.079426% Assessed CR Tax Rate +0.02496%
Year 2019 Assessed Value $77,030 Land Value $4,500 Improvement Value $72,530 Tax Amount $1,922.67 Change Rate Assessed CR Tax Rate +0.02496%
Year 2018 Assessed Value $77,030 Land Value $4,500 Improvement Value $72,530 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $73,440 Land Value $4,500 Improvement Value $68,940 Tax Amount $1,579.17 Change Rate -0.99% Assessed CR Tax Rate +0.021503%
Year 2016 Assessed Value $71,470 Land Value $4,500 Improvement Value $66,970 Tax Amount $157,917 Change Rate -0.000348% Assessed CR Tax Rate +2.209556%
Year 2015 Assessed Value $71,470 Land Value $4,500 Improvement Value $66,970 Tax Amount $157,972 Change Rate +91.72943% Assessed CR Tax Rate +2.210326%
Year 2014 Assessed Value $71,470 Land Value $4,500 Improvement Value $66,970 Tax Amount $1,703.58 Change Rate Assessed CR Tax Rate +0.023836%