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501 Park Ave; Amarillo, TX Property Details

501 Park Ave, Amarillo, TX is a Single Family that was built in 1947. This property is currently Financed and is not for sale. Our records show that 501 Park Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,705 square feet. The lot size of 501 Park Ave is 50,529 square feet.

Off market
501 Park Ave Amarillo, TX 79108
$173,478 Estimated Value
4 Beds
2 Baths
1,705 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1947
  • Purchase Price: $187,064
  • Open Loans / Balance: 1 / $137,634
  • Est. Equity / %: $66,366 / 32.53%
  • Gross Yield: 9.6%
  • APN: 160666
  • Situs County: Potter
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,705/SqFt
  • Lot: 50,529/SqFt
  • Gross: 1,833/SqFt
  • Garage: 260/SqFt
  • Living: 1,705/SqFt
  • Basement: 54/SqFt
  • Building: 1,705/SqFt
  • Ground: 1,651/SqFt
  • Basement Finished: 54/SqFt
  • Price Per Square Foot: $109.71

Legal Description

  • Description: PLEASANT VALLEY, S/2 OF TR 51 EXC SE 35X35FT
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: 35.25665 / -101.82933
  • Subdivision: Pleasant Valley
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 9001

Amenities

  • Plus Four: 5235
  • Bathroom Fixtures: 5
  • Cooling: Wall
  • Garage: Detached Garage
  • Heating: Floor/Wall
  • Parking: 1

Ownership Info

501 Park Ave has no associated ownership info
501 Park Ave has no associated ownership info.

Taxes

501 Park Ave has 10 associated Taxes items

501 Park Ave, 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 $173,478. The APN we've located for 501 Park Ave is 160666.

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Taxes
  • Assessed Value:  $173,478
  • Assessed Year:  2025
  • Assessed County:  Potter
  • APN:  160666
  • Assessed Land Value:  3480
  • Market Land Value:  3480
  • Tax Amount:  3625.75
  • Tax Year:  2024
  • Market Value:  173478
  • Market Year:  2025

Tax History

501 Park Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $173,478 Land Value $3,480 Improvement Value $169,998 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $174,406 Land Value $3,480 Improvement Value $170,926 Tax Amount $3,625.75 Change Rate +0.092953% Assessed CR Tax Rate +0.020789%
Year 2023 Assessed Value $153,326 Land Value $3,480 Improvement Value $149,846 Tax Amount $3,317.39 Change Rate -0.053302% Assessed CR Tax Rate +0.021636%
Year 2022 Assessed Value $147,804 Land Value $3,480 Improvement Value $144,324 Tax Amount $3,504.17 Change Rate +0.242649% Assessed CR Tax Rate +0.023708%
Year 2021 Assessed Value $111,885 Land Value $3,480 Improvement Value $108,405 Tax Amount $2,819.92 Change Rate +0.017192% Assessed CR Tax Rate +0.025204%
Year 2020 Assessed Value $111,764 Land Value $3,480 Improvement Value $108,284 Tax Amount $2,772.26 Change Rate +0.037317% Assessed CR Tax Rate +0.024805%
Year 2019 Assessed Value $107,072 Land Value $3,480 Improvement Value $103,592 Tax Amount $2,672.53 Change Rate +0.128407% Assessed CR Tax Rate +0.02496%
Year 2018 Assessed Value $94,399 Land Value $3,480 Improvement Value $90,919 Tax Amount $2,368.41 Change Rate +1.131763% Assessed CR Tax Rate +0.025089%
Year 2017 Assessed Value $98,161 Land Value $3,480 Improvement Value $94,681 Tax Amount $1,111.01 Change Rate -0.99% Assessed CR Tax Rate +0.011318%
Year 2016 Assessed Value $47,007 Land Value $3,480 Improvement Value $43,527 Tax Amount $111,101 Change Rate +0.069307% Assessed CR Tax Rate +2.363499%
Year 2015 Assessed Value $47,007 Land Value $3,480 Improvement Value $43,527 Tax Amount $103,900 Change Rate +49.28993% Assessed CR Tax Rate +2.210309%
Year 2014 Assessed Value $86,675 Land Value $3,480 Improvement Value $83,195 Tax Amount $2,066.02 Change Rate Assessed CR Tax Rate +0.023836%