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40 Colonial Dr; Amarillo, TX Property Details

40 Colonial Dr, Amarillo, TX is a Single Family that was built in 2011. This property is currently Financed and is not for sale. Our records show that 40 Colonial Dr has 5 bedrooms, and 3 bathrooms, and a total of 3,560 square feet. The lot size of 40 Colonial Dr is 9,148 square feet.

Off market
40 Colonial Dr Amarillo, TX 79124
$479,900 Listing Price
5 Beds
3 Baths
3,560 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2011
  • Purchase Price: $343,800
  • Est. Equity / %: $862,000 / 100%
  • Gross Yield: 8.289%
  • APN: 144149
  • Situs County: Potter
  • Length Of Ownership: 10 years, 5 months

Rooms

  • Bedrooms: 5
  • 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: Excellent
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,560/SqFt
  • Lot: 9,148/SqFt
  • Gross: 4,238/SqFt
  • Garage: 922/SqFt
  • Living: 3,560/SqFt
  • Building: 3,560/SqFt
  • Ground: 2,604/SqFt
  • Price Per Square Foot: $96.57

Legal Description

  • Description: LA PALOMA ESTATES # 7 REPL, LOT 015, 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: 35.238304 / -101.8879
  • Subdivision: La Paloma Estates # 7 Repl
  • Property Class: Residential
  • County Use Code: 9002

Amenities

  • Plus Four: 7845
  • Bathroom Fixtures: 16
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 4

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Annual
  • H O A One Name: Colonial At Lapaloma Hoa
  • H O A One Type: Home Owner Association
  • H O A Two Name: Colonial Home Owners Association
  • H O A Two Type: Home Owner Association

Ownership Info

40 Colonial Dr has no associated ownership info
40 Colonial Dr has no associated ownership info.

Taxes

40 Colonial Dr has 9 associated Taxes items

40 Colonial Dr, 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 $577,317. The APN we've located for 40 Colonial Dr is 144149.

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Taxes
  • Assessed Value:  $577,317
  • Assessed Year:  2025
  • Assessed County:  Potter
  • APN:  144149
  • Market Land Value:  64033
  • Tax Amount:  10027.83
  • Tax Year:  2024
  • Market Value:  643230
  • Market Year:  2025

Tax History

40 Colonial Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $577,317 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $524,834 Land Value $64,033 Improvement Value $460,801 Tax Amount $10,027.83 Change Rate -0.147409% Assessed CR Tax Rate +0.019107%
Year 2023 Assessed Value $622,557 Land Value $54,886 Improvement Value $567,671 Tax Amount $11,761.59 Change Rate -0.036303% Assessed CR Tax Rate +0.018892%
Year 2022 Assessed Value $590,147 Land Value $54,886 Improvement Value $535,261 Tax Amount $12,204.66 Change Rate +0.023281% Assessed CR Tax Rate +0.020681%
Year 2021 Assessed Value $484,625 Land Value $56,100 Improvement Value $428,525 Tax Amount $11,926.99 Change Rate +0.067363% Assessed CR Tax Rate +0.024611%
Year 2020 Assessed Value $462,136 Land Value $56,100 Improvement Value $406,036 Tax Amount $11,174.26 Change Rate -0.006089% Assessed CR Tax Rate +0.02418%
Year 2019 Assessed Value $462,136 Land Value $56,100 Improvement Value $406,036 Tax Amount $11,242.72 Change Rate -0.037591% Assessed CR Tax Rate +0.024328%
Year 2018 Assessed Value $477,956 Land Value $56,100 Improvement Value $421,856 Tax Amount $11,681.85 Change Rate +0.176908% Assessed CR Tax Rate +0.024441%
Year 2017 Assessed Value $470,070 Land Value $56,100 Improvement Value $413,970 Tax Amount $9,925.88 Change Rate -0.99% Assessed CR Tax Rate +0.021116%
Year 2016 Assessed Value $418,323 Land Value $56,100 Improvement Value $362,223 Tax Amount $992,588 Change Rate Assessed CR Tax Rate +2.372779%
Year 2015 Assessed Value $418,323 Land Value $56,100 Improvement Value $362,223 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $409,626 Land Value $56,100 Improvement Value $353,526 Tax Amount $9,480.05 Change Rate Assessed CR Tax Rate +0.023143%