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Downtown Multifamily Home for Sale

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    $150,000

    • 2,288 Sq Ft

    507 N Taylor St, Amarillo, TX 79107

    Attention Investors! Don't miss this excellent opportunity for an income-generating property. The front unit has 3 bedrooms, while the rear unit has 4 bedrooms. Each unit has its own private entrance and driveway, CHA, along with in-unit washer and dryer hookups. Property has a metal privacy fence. Both units were previously rented at $900 each. With some TLC, this property could be a fantastic

    Ana Harrison Realty Central Services

    507 N Taylor St, Amarillo, TX 79107

Why Live in Downtown

Downtown Amarillo has emerged as a vibrant cultural hub, drawing residents and visitors alike with its revitalized historic buildings and diverse entertainment options. The area is home to more than 30 locally owned restaurants, including Toscana Italian Steakhouse in the historic Barfield building and Gooney’s on Polk Street, offering Pan-Asian cuisine. The Amarillo Sod Poodles, a minor league baseball team, play nearby, while the Globe-News Center for the Performing Arts hosts symphonies and ballets. Events like the High Noon on the Square summer concert series and the Electric Light Parade add to the lively atmosphere. Although single-family homes are limited, the neighborhood features historic bungalows and upscale condos in the Amarillo State Bank Building. Downtown is part of the Amarillo Independent School District, which is highly rated and includes Emerson Elementary School. Will Rogers Park and Centennial Park provide green spaces amidst the urban setting. The area is safer than the national average, with a lower crime risk. Downtown Amarillo is well-connected, with the ACTransit bus line and proximity to major roads like Interstate 40 and Historic Route 66. However, potential homebuyers should be aware of the increased flooding risk in some eastern parts of Downtown and consider flood insurance. The city experiences a wide range of temperatures and is known for its windy conditions.

Home Trends in Downtown, TX

Housing Trends

Median Sale Price
$137,000
Median Single Family Sale Price
$133,000
Median Townhouse Sale Price
$150,000
Average Price Per Sq Ft
$121
Number of Homes for Sale
5
Last 12 months Home Sales
9
Months of Supply
6.70
Median List Price
$147,450
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
71%
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