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Olsen

Olsen

$252,949 Average Value
$196 Average Price per Sq Ft
11 Homes 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.
Olsen is a quaint neighborhood with quick access to shopping and Downtown Amarillo.
Lush foliage can be found all around yards in Olsen.
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.
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.
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.
Olsen Park Elementary School has an A- grade from Niche.
Amarillo High School students can take advantage of the great college prep program.
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.
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.
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.
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.
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.
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.
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.
Andrew Phillips
Written By
Andrew Phillips
Kody Martin
Photography Contributed By
Kody Martin
Dan Mack
Video By
Dan Mack

Agents Specializing in this Area

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Schools

Source:
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

Interested in learning more about homes in this area? Reach out to Cindy Hays, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Rick Husband Amarillo International

23 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Olsen US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 3 4
Burglary 5 4
Motor Vehicle Theft 4 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Olsen Demographics and Home Trends

Housing Trends

Median List Price
$299,900
Median Sale Price
$259,900
Median Single Family Sale Price
$324,900
Median Townhouse Sale Price
$180,000
Median 2 Bedroom Sale Price
$259,900
Median Change From 1st List Price
2%
Last 12 months Home Sales
40
Median Home Sale Price YoY Change
-2%
Average Price Per Sq Ft
$196

Neighborhood Facts

Number of Homes in Neighborhood
1,549
Number of Homes for Sale
11
Median Year Built
1960
Months of Supply
3.30
Average Single Family Home Size Sq Ft
1,924
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,899
Median Lot Size Sq Ft
9,147

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Cindy Hays, an experienced agent in this neighborhood.

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.

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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.
NEIGHBORHOOD
Olsen
Cindy Hays
Landmark Realty Amarillo
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