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4500 Gem Lake Rd; Amarillo, TX Property Details

4500 Gem Lake Rd, Amarillo, TX is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 4500 Gem Lake Rd has 3 bedrooms, and 2 bathrooms, and a total of 2,682 square feet. The lot size of 4500 Gem Lake Rd is 28,314 square feet.

Off market
4500 Gem Lake Rd Amarillo, TX 79106
$204,000 Listing Price
3 Beds
2 Baths
2,682 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1953
  • Purchase Price: $229,500
  • Open Loans / Balance: 1 / $165,795
  • Est. Equity / %: $100,205 / 37.67%
  • Gross Yield: 11.107%
  • APN: 190809
  • Situs County: Potter
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Floor Cover Type: Wood
  • 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: 2,682/SqFt
  • Lot: 28,314/SqFt
  • Gross: 2,782/SqFt
  • Garage: 480/SqFt
  • Living: 2,682/SqFt
  • Building: 2,682/SqFt
  • Ground: 2,682/SqFt
  • Price Per Square Foot: $85.57

Legal Description

  • Description: WEST HILLS, BLK 0004, E 46.7FT OF 9 & ALL OF 8
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: 35.213734 / -101.89145
  • Subdivision: West Hills
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 9001

Amenities

  • Plus Four: 5358
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 4

Ownership Info

4500 Gem Lake Rd has no associated ownership info
4500 Gem Lake Rd has no associated ownership info.

Taxes

4500 Gem Lake Rd has 10 associated Taxes items

4500 Gem Lake Rd, 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 $245,055. The APN we've located for 4500 Gem Lake Rd is 190809.

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Taxes
  • Assessed Value:  $245,055
  • Assessed Year:  2025
  • Assessed County:  Potter
  • APN:  190809
  • Assessed Land Value:  27340
  • Market Land Value:  27340
  • Tax Amount:  4691.2
  • Tax Year:  2024
  • Market Value:  245055
  • Market Year:  2025

Tax History

4500 Gem Lake Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $245,055 Land Value $27,340 Improvement Value $217,715 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $277,725 Land Value $27,340 Improvement Value $250,385 Tax Amount $4,691.2 Change Rate -0.009951% Assessed CR Tax Rate +0.016892%
Year 2023 Assessed Value $261,790 Land Value $27,340 Improvement Value $234,450 Tax Amount $4,738.35 Change Rate -0.063389% Assessed CR Tax Rate +0.0181%
Year 2022 Assessed Value $228,279 Land Value $27,340 Improvement Value $200,939 Tax Amount $5,059.04 Change Rate +1.907127% Assessed CR Tax Rate +0.022162%
Year 2021 Assessed Value $186,474 Land Value $27,340 Improvement Value $159,134 Tax Amount $1,740.22 Change Rate +0.000656% Assessed CR Tax Rate +0.009332%
Year 2020 Assessed Value $176,863 Land Value $27,340 Improvement Value $149,523 Tax Amount $1,739.08 Change Rate +0.001451% Assessed CR Tax Rate +0.009833%
Year 2019 Assessed Value $159,345 Land Value $27,340 Improvement Value $132,005 Tax Amount $1,736.56 Change Rate +0.000472% Assessed CR Tax Rate +0.010898%
Year 2018 Assessed Value $159,345 Land Value $27,340 Improvement Value $132,005 Tax Amount $1,735.74 Change Rate +0.085659% Assessed CR Tax Rate +0.010893%
Year 2017 Assessed Value $159,767 Land Value $27,340 Improvement Value $132,427 Tax Amount $1,598.79 Change Rate -0.99% Assessed CR Tax Rate +0.010007%
Year 2016 Assessed Value $150,979 Land Value $27,340 Improvement Value $123,639 Tax Amount $159,879 Change Rate +0.00378% Assessed CR Tax Rate +1.058949%
Year 2015 Assessed Value $150,979 Land Value $27,340 Improvement Value $123,639 Tax Amount $159,277 Change Rate +84.99713% Assessed CR Tax Rate +1.054961%
Year 2014 Assessed Value $147,125 Land Value $27,340 Improvement Value $119,785 Tax Amount $1,852.12 Change Rate Assessed CR Tax Rate +0.012589%