1407 CARTER Street, Amarillo, TX, 79104-4219

Beds

Baths

1,320

Sq Ft

Property Type

Type:: Residential
Year Built:: 1951
Status:: Active
MLS ID:: 26-4306
Last Updated:: 5/29/2026

Additional Information

Lot Size:0.51 acres

Description

INVESTMENT OPPORTUNITY on approximately half an acre! This property offers endless potential for the right investor or developer. Home has been condemned by the city and is being sold as-is. Buyer may choose to bring the property back to code per city requirements or take advantage of the spacious lot to build new investment properties or redevelopment opportunities. Conveniently located with quick access to I-40 and approximately 20 minutes from the new Fermi plant, making this an ideal location for future growth and investment potential. Owner financing available with 10% down, 8% interest, no prepayment penalty, and no backend points. Financing available for up to 1 year, possibly 2 depending on buyer qualifications. Estimated monthly payment is approximately $461 for principal and interest only. Buyer responsible for taxes and insurance.

Listing Information

Brokerage

Keller Williams Realty Amarillo

Listing Agent

Nicklas Espinosa

Original Listing

View Source

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Seller Financing Terms

Financed Amount:$62,910

Interest Rate:8%

Loan Term:1 years

Monthly Payment:$5,472

* Terms are pending seller / RMLO approval

Contact Seller

Nicklas Espinosa

Seller

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