$254,008Average Value$136Average Price per Sq Ft17Homes For Sale
A hilly neighborhood in southwest Amarillo
Situated just south of Interstate 40, Olsen is a neighborhood of about 1,500 homes in southwest Amarillo. Developed in the mid-20th century, it offers old-growth trees that provide a colorful palette each fall. “The thing I love about Olsen is it has hills. It rolls,” says Cathy Bailey, a Coldwell Banker First Equity Realtor who grew up nearby and attended Olsen Park Elementary. “Most of us in Amarillo live on the prairie, which is flat and boring. I love driving through Olsen for the hills. It's beautiful and established.” The neighborhood is in the Amarillo Independent School District, with the elementary and middle school being part of the community, sandwiched between multiple shopping centers and is only about 6 miles from downtown.
Olsen is a quaint neighborhood with quick access to shopping and Downtown Amarillo.
Lush foliage can be found all around yards in Olsen.
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Diverse selection of midcentury ranch and split-level homes
With most of the housing stock built between the 1950s and 1960s, most of the architectural styles match the period. Ranch, cottages and split-level homes range from about 1,000 to 3,000 square feet and sit on respectable-sized manicured lots with scattered trees. “Homes in the neighborhood are a little bit older, but they were originally custom built and aren’t cookie-cutter houses,” says Chancy Via, a Realtor and owner of Palo Duro Real Estate, who has sold homes in the area. Most homes sell between $225,000 and $390,000, but some large homes can exceed $500,000. “The market speed is based on the price point, but sometimes it is a little slower because the house may need a little work,” Via says. Olsen is home to multiple places of worship of varying denominations, including Saint Paul Methodist, Trinity Lutheran, Olsen Park Church of Christ and Temple B’nai Israel.
Single story homes are most common along the calm residential streets of Olsen.
Homeowners around Olsen love to garden in their front yards to give a pop of color.
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Three A-minus rated schools in the Amarillo ISD
Olsen is part of the Amarillo Independent School District, which rates as an A-minus on Niche and has about 30,000 students. The district has long offered school choice opportunities. The program allows families to choose the best campus that fits their students, even if it differs from the assigned neighborhood school. Children attend three A-minus-rated schools - Olsen Park Elementary, which some can walk to, Crockett Middle and Amarillo High. The high school offers an International Baccalaureate Program and is known for its fine arts clubs, such as band and choir, as well as its athletic programs.
Olsen Park Elementary School has an A- grade from Niche.
Amarillo High School students can take advantage of the great college prep program.
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Staying active at Olsen School Park
Adjacent to Olsen Park Elementary is the Olsen School Park, which doubles as recess equipment for the school and a park for neighbors. The open green space is encircled by a paved walking path, a playground and field where children can frolic, and hard-surfaced basketball and tennis courts for a friendly pick-up game. Similarly, residents who live closer to Crocket Middle School can take advantage of the sports field next to the school, including a recently redone turf football field. Olsen does have a handful of bike lanes, including one on Olsen Boulevard and paths that cut through the neighborhood on Harmony Street and Teckla Boulevard.
Bring a blanket and enjoy a great picnic at Olsen School Park.
You can spot some of the playful squirrels in the trees around Olsen.
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Big box stores surrounding Westgate Mall
Multiple shopping centers offer an Ollie’s Bargain Outlet and Burlington Coat Factory on the neighborhood's northeast and southwest ends. Less than 3 miles away is the Westgate Mall, which has over 100 storefronts, including Dillard’s. The same area is littered with numerous big box stores, from the Home Depot to Sam’s Club and a nearby Target, which has a combined grocery store. For a casual night out, Blue Sky is a Texas chain with a nearby location known for its burgers and hand-cut fries. Set in a little red house, Tyler’s Barbeque was named one of the 50-best barbeque spots in the state by Texas Monthly.
The nearby Target is a quick and easy stop for Olsen residents.
Olsen residents head to Blue Sky for great burgers, fries and a shake.
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Fourth of July Bike Parade
“Olsen is a very active community, but nothing is formal like an HOA. A lot of the community events revolve around Olsen Park Elementary School and its park,” Via says. One of the larger events is the annual Fourth of July Parade. Children donned in red, white and blue march or bike down the streets before a cookout at Olsen School Park.
Easy access to Interstate 40
Olsen is just south of Interstate 40, a cross-country highway that runs east to west from California to North Carolina. It’s how commuters can get the 6 miles northeast to downtown. However, being close to I-40 causes the noise level to rate as active, with it being loudest on the outer parts of the neighborhood. Rick Husband Amarillo International Airport is about 12 miles east of I-40. Amarillo does have the ACTransit bus service, but the closest stop is at the Crunch Fitness, about 2 miles away. Northwest Texas Healthcare System is a 495-bed teaching hospital known for its cardiovascular, emergency and childcare departments and is 3 miles north.
I-25 is nearby Olsen so residents have a quick option to get around Amarillo.
The local transit runs nearby Olsen so residents can hop on and take a ride downtown.
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High winds in the Texas Panhandle
While there is no major flood factor in Olsen, living in Amarillo provides severe weather, such as extreme heat, tornados and high winds. The Texas Panhandle is one of the windiest places in the country because of its location south of the Rocky Mountains.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Parks in this Area
Olsen School Park
Crockett Park
Transit
Airport
Rick Husband Amarillo International
23 min drive
Olsen Demographics and Home Trends
On average, homes in Olsen, Amarillo sell after 34 days on the market compared to the national average of 52 days. The median sale price for homes in Olsen, Amarillo over the last 12 months is $232,500, up 5% from the median home sale price over the previous 12 months.
Gorgeous Townhouse in the highly sought after Amberwood Community. This home sits on the quiet cul-de-sac section and is in immaculate shape. You will enjoy mornings and evenings on the private entertainers patio. The formal dining area features a wet bar and the kitchen has a breakfast nook. The primary suite features a large walk in closet. You will not want to miss this one!
Fantastic find in Olsen Park! This charming ranch-style home offers numerous updates while maintaining the original character. The floor plan offers plenty of space and includes a large dining room with fantastic windows, an eat-in kitchen with granite and upgraded appliances, three bedrooms, three beautifully remodeled bathrooms, and two living spaces. Other features include refinished wood
If you're looking for tons of space and privacy in a convenient location, this home is the one for you! Sitting on a .28 acre lot, this house is everything you could want. A large, inviting living area has natural light and a lovely fireplace focal point. The kitchen has tons of storage and bar seating, and there is a formal dining area. Wanting for pantry storage is a thing of the past, as this
Don't miss this well updated, very open floorplan townhome in Olsen Park with spacious rooms throughout. Granite throughout, windows replaced, beautiful small private backyard, full auto sprinklers.
David DavenportAssist-2-Sell, Buyers and Sellers Choice Realty
Charming Mission-style home in Olsen with mature trees & landscaping. Gorgeous WB fireplace. ADA features include ramp, wide access, walk-in shower with seat. Original hardwoods, plantation shutters, and warm brick-detailed kitchen, mission cabinetry, Wolf range, dual ovens, Bosch DW, built-in fridge and microwave, granite counters & farm sink. Jetted master bath. 2 Bidets. Garage offers epoxy
This elegant home is filled with old-world charm and timeless character. Nestled in a charming neighborhood, this residence offers lots of space for comfortable living and entertaining. Inside, you'll find tons of storage and thoughtfully designed rooms that combine classic details with warm, inviting finishes. The interiors showcase rich wood accents, beautiful textures, and sophisticated
Welcome home to The Parks at Granite, now proudly under new management! Nestled within a welcoming community in Amarillo, Texas, our pet-friendly apartments offer spacious, comfortable living with inviting outdoor amenities. Spend relaxing afternoons by our sparkling swimming pool or enjoy scenic gathering spaces designed for connecting with neighbors and friends.Explore our inviting one,
Available at the beginning of October 1stWelcome to this well-maintained 3-bedroom, 2-bath home located in the highly desirable Olsen neighborhood. This home features a spacious layout with comfortable living areas and a functional kitchen equipped with a cooktop, dishwasher, and refrigerator—all included for your convenience.Step outside and enjoy the spacious backyard, perfect for
Wonderful home in Olsen area near Crockett middle school! 3 bedroom/ 1 bath with a great covered porch. Large kitchen and a den/office with a fireplace. The den could be used as a 4th bedroom. The home has central heat and air, ceiling fans, hardwood and tile floors. Centrally located giving you easy access all over town! Storage building. Great schools! Must see.Small dogs allowed. $500
Interested in learning more about homes in this area?
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Amarillo Team,
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Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
4,568
Median Age
36
Population under 18
30%
Above the national average
23.8%
Population over 65
16.1%
On par with the national average
19.1%
Finances
Median Household Income
$76,133
Above the national average
$71,702
Average Household Income
$83,923
Education and Workforce
High School Graduates
94.2%
Above the national average
89.1%
College Graduates
37.3%
Advanced Degrees
12.9%
% Population in Labor Force
72.2%
Above the national average
65.1%
Weather
Annual Precipitation
20''
Average Winter Low Temperature
25°F
Average Summer High Temperature
93°F
Annual Snowfall
4''
Area Factors
Somewhat Bikeable
Bike Score®
38/ 100
Car-Dependent
Walk Score®
37/ 100
Minimal Transit
Transit Score®
18/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.