Large Location Icon

1516 S Lipscomb St; Amarillo, TX Property Details

1516 S Lipscomb St, Amarillo, TX is a Single Family that was built in 1944. This property is currently Financed and is not for sale. Our records show that 1516 S Lipscomb St has 4 bedrooms, and 3 bathrooms, and a total of 2,039 square feet. The lot size of 1516 S Lipscomb St is 6,970 square feet.

Off market
1516 S Lipscomb St Amarillo, TX 79102
$125,500 Listing Price
4 Beds
3 Baths
2,039 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1944
  • Purchase Price: $152,200
  • Open Loans / Balance: 2 / $154,453
  • Est. Equity / %: $68,547 / 30.74%
  • Gross Yield: 9.584%
  • APN: 109361
  • Situs County: Potter
  • Length Of Ownership: 9 years, 4 months

Rooms

  • Bedrooms: 4
  • 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: 2,039/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,039/SqFt
  • Garage: 400/SqFt
  • Living: 2,039/SqFt
  • Building: 2,039/SqFt
  • Ground: 2,039/SqFt
  • Price Per Square Foot: $74.64

Legal Description

  • Description: CENTRAL SQUARE ADDN, LOT 009, BLK 0002
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: 35.1984 / -101.85376
  • Subdivision: Central Square Addn
  • Property Class: Residential
  • Zoning: 2F
  • County Use Code: 9001

Amenities

  • Plus Four: 2603
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes

Ownership Info

1516 S Lipscomb St has no associated ownership info
1516 S Lipscomb St has no associated ownership info.

Taxes

1516 S Lipscomb St has 10 associated Taxes items

1516 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 $179,911. The APN we've located for 1516 S Lipscomb St is 109361.

Unlock the full report
Taxes
  • Assessed Value:  $179,911
  • Assessed Year:  2025
  • Assessed County:  Potter
  • APN:  109361
  • Assessed Land Value:  9250
  • Market Land Value:  9250
  • Tax Amount:  2944.6
  • Tax Year:  2024
  • Market Value:  179911
  • Market Year:  2025

Tax History

1516 S Lipscomb St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $179,911 Land Value $9,250 Improvement Value $170,661 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,944.6 Change Rate -0.29362% Assessed CR Tax Rate
Year 2023 Assessed Value $192,667 Land Value $9,250 Improvement Value $183,417 Tax Amount $4,168.58 Change Rate -0.026172% Assessed CR Tax Rate +0.021636%
Year 2022 Assessed Value $180,554 Land Value $9,250 Improvement Value $171,304 Tax Amount $4,280.61 Change Rate +0.322098% Assessed CR Tax Rate +0.023708%
Year 2021 Assessed Value $139,865 Land Value $9,250 Improvement Value $130,615 Tax Amount $3,237.74 Change Rate +0.06573% Assessed CR Tax Rate +0.023149%
Year 2020 Assessed Value $138,868 Land Value $9,250 Improvement Value $129,618 Tax Amount $3,038.05 Change Rate -0.001764% Assessed CR Tax Rate +0.021877%
Year 2019 Assessed Value $121,931 Land Value $9,250 Improvement Value $112,681 Tax Amount $3,043.42 Change Rate -0.005145% Assessed CR Tax Rate +0.02496%
Year 2018 Assessed Value $121,931 Land Value $9,250 Improvement Value $112,681 Tax Amount $3,059.16 Change Rate +0.227346% Assessed CR Tax Rate +0.025089%
Year 2017 Assessed Value $116,258 Land Value $9,250 Improvement Value $107,008 Tax Amount $2,492.5 Change Rate -0.99% Assessed CR Tax Rate +0.021439%
Year 2016 Assessed Value $112,490 Land Value $9,250 Improvement Value $103,240 Tax Amount $249,250 Change Rate +0.002465% Assessed CR Tax Rate +2.215753%
Year 2015 Assessed Value $112,490 Land Value $9,250 Improvement Value $103,240 Tax Amount $248,637 Change Rate +91.72864% Assessed CR Tax Rate +2.210303%
Year 2014 Assessed Value $112,490 Land Value $9,250 Improvement Value $103,240 Tax Amount $2,681.34 Change Rate Assessed CR Tax Rate +0.023836%