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Program 03

Rental / DSCR in Amarillo

Amarillo DSCR loans where the county line sets the taxes.

DSCR loans qualify a rental on the property's cash flow, not your tax returns, with a DSCR from 0.75 and up to 80% LTV. Amarillo straddles two counties, so the same house carries a different tax line depending on which side of the county line it sits. Business-purpose loans only, subject to underwriting.

Rental / DSCR in Amarillo, TX from USA Mortgage
0.75
min DSCR
5.5%
rates from
30-yr
fixed avail.
80%
max LTV

Typical figures, subject to underwriting and market conditions. Not a commitment to lend.

How it works

No tax returns or personal income docs in most cases. We qualify on the property's cash flow, so you can scale your portfolio without the paperwork drag of conventional lending.

Who it's for
Buy-and-hold investors
Single rentals and portfolios
Short-term rentals considered
Rate/term and cash-out refi
Typical terms
Loan amount$100K to $3M
Max leverageUp to 80% LTV
DSCRFrom 0.75
CreditFrom 640
Term30-yr fixed / 5-7-10 ARM
RateFrom 5.50% IO*
PrepayFlexible structures
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*Typical terms, subject to underwriting and market conditions.

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Local FAQ

Rental / DSCR in Amarillo, answered.

How should I put Amarillo property tax into a DSCR calculation?
By county, not by a metro average. On 2025 rates the Potter County side of Amarillo totals 2.112080 per $100 of value and the Randall County side 1.922830, with the same city, school district, and junior college rates in both. On a $212,025 house the difference is about $401 a year. Investor property has no homestead exemption or 10% appraisal cap. Both counties are appraised by one Potter-Randall Appraisal District, with a statewide protest deadline of May 15 or 30 days after the appraisal notice. Verify the parcel's account before quoting a total.

Sources: comptroller.texas.gov

Which Amarillo-area submarket pencils on rent versus value?
Amarillo proper, not Canyon. As of July 2026, Zillow shows Amarillo at a $212,025 value and $1,277 rent, a 7.2% gross yield ($1,277 x 12 / $212,025). Canyon sits at $301,463 and $1,369, a 5.5% gross yield, on the same MLS and about fifteen minutes away. Amarillo is the cash-flow half and Canyon the appreciation half. These are gross yields on index values, not cap rates, because no expense data was used. Run your own numbers on the specific address.

Sources: files.zillowstatic.com

Does new apartment supply threaten an Amarillo rent assumption?
It is the main thing to stress. The city permit office reported 650 units of 5-plus multifamily in 2024 and 312 units in 2025, about 962 apartment units in two years in a metro of 276,000 people. Metro rent was $1,290 in July 2026, up 5.5% over the year. We did not find a primary-source rental vacancy rate, so we cannot tell you how fast that supply is absorbing. Run your DSCR on a rent you can defend with the permit pipeline in mind.

Sources: www2.census.gov

Can I count Amarillo short-term rental income in a DSCR file?
Only once you confirm the city rules: the tax is confirmed, a permit regime was not found. Amarillo levies a 7% hotel occupancy tax plus a 2% Amarillo-Potter Events Venue District tax, lodging providers register by January 1 each year, and returns are due monthly by the 10th through the Localgov platform. We did not locate an Amarillo short-term rental permit, cap, or spacing ordinance, or a long-term rental registration program, and not finding one does not mean there is none. Confirm with the city before you count STR income in a DSCR.

Sources: amarillo.gov

How much should a DSCR file allow for Amarillo hail risk?
Enough to cover the deductible and a roof claim. In 2025, paid homeowners wind and hail losses were $3,088 per policy in Potter County and $3,270 in Randall County, about 91% of all paid losses in each. A 2% wind and hail deductible on a $212,000 house is about $4,240 out of pocket per event. Roof age and whether the policy pays replacement cost or actual cash value move the premium more than anything else. We found no published county premium, so get a bound quote before you set the insurance line.

Sources: tdi.texas.gov

Can a utility district or a tax-rate increase change my Amarillo carry?
Yes, on both counts. Tierra Blanca MUD #1 in Randall County levies 1.000000 per $100 on top of everything else, which puts a parcel inside it near 2.9 per $100 in total and erases the Randall-side advantage. Separately, Amarillo adopted a 2025 city rate of 0.430700 against a no-new-revenue rate of 0.373550, about 15.3% above it, and Potter County adopted 0.590240 against 0.572190. Rates here are being raised, not cut. Check the parcel's overlays and re-run the DSCR on current rates. See the DSCR program page.

Sources: comptroller.texas.gov

More Rental / DSCR questions, answered on the program page

Resources

Guides for Rental / DSCR

Rental / DSCR · 5 min read
What Is a DSCR Loan? How Investors Qualify on Rental Income
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Strategy · 6 min read
Financing the BRRRR Method: Buy, Rehab, Rent, Refinance, Repeat
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Rental / DSCR · 5 min read
DSCR vs Conventional Loan: Which Is Better for Investment Property?
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Rates & Costs · 5 min read
Hard Money Loan Rates and Costs, Explained
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About the local figures on this page

Local rules move. Every tax rate, fee, ordinance and market figure here comes from a primary source and carries the date we read it, and we correct them as the rules change. Where a number is mid-change or we could not verify it, we say so rather than guess. Before you commit a budget, confirm anything that drives it with the city or county, and talk to your attorney or CPA on questions of law or tax.

Published by USA Mortgage Funding, LLC, NMLS #152588. Researched from primary sources by our team, drafted with AI assistance, and every figure checked against its source before publishing. Where an answer rests on a public record, that record is linked under it. Figures read on 2026-09-04.

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