$263,917Average Value$147Average Price per Sq Ft10Homes 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.
1/2
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.
1/2
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.
1/2
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.
1/2
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.
1/2
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.
1/2
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
Spotlight on VALUE and room to grow in this beautifully maintained 2 story. 2 living areas, with a recently updated kitchen /dining with new cabinets, countertops, backsplash and flooring. The back den is a dream and could hold Living Room furniture AND a pool table. So much space with an updated attached 1/2 guest bath, and lots of storage and built-in desk space for crafting or office space.
A spacious and well-maintained home offering 4 bedrooms, 2 bathrooms, and a versatile floor plan designed for comfortable living. Featuring two separate living areas, there's plenty of room to entertain, relax, or create the perfect space for family gatherings. A dedicated office provides the ideal setup for working from home, studying, or pursuing hobbies. The inviting living room showcases a
Beautiful home located in the Olsen neighborhood. This 3 bedroom 5 bath home has so much to offer. 2 living rooms, formal dining, woodburning fireplace, sunroom with wine closet. Large kitchen with granite countertops, stainless steel appliances, silver closet, pantry and lots of storage. Laundry chute located in hall by bedrooms. Finished basement with bar, sink, small refrigerator, kegerator,
Mid-century cool meets modern comfort in this beautifully updated Olsen gem. The open-concept layout creates easy flow for everyday living and entertaining, while preserving the character that makes this home special. The kitchen is a standout, blending vintage-inspired style with modern convenience. Updated bathrooms feature clean, contemporary finishes throughout. A spacious second living area
OLSEN PARK CHARMERDon't miss this adorable and exceptionally well-maintained 3-bedroom, 1-bath home in one of Amarillo's most sought-after neighborhoods! This home offers a functional, inviting layout, a one-car garage, and a large backyard with a brand-new fence--perfect for kids, pets, entertaining, or simply enjoying some extra outdoor space.So much love and care has gone into
Welcome to this beautifully maintained 2-bedroom, 2-full-bath townhome in the sought-after Cedars community! Both bedrooms are generously sized, offering plenty of space and flexibility, while the functional layout makes everyday living comfortable and convenient. Gather around the cozy fireplace in the inviting living area and enjoy the convenience of newer appliances, replaced in spring 2026
Spacious home on corner lot in Olsen! This well-maintained home features an abundance of living and entertaining space in the large living areas that flow nicely into dining area and kitchen. The home offers 3 bedrooms and 2 full bathrooms, a large front and backyard perfect for grilling, spending time with family and relaxing. The backyard also features a large custom dog run. Detached 2 car
Refined Low-Maintenance Townhome inAmarillo's Desirable Olsen NeighborhoodWelcome to 5614 Erik Avenue, a beautifully updated 2-bedroom, 2-bath townhome offeringComfortable, low-maintenance living in Amarillo's highlysought-after Olsen neighborhood. Thoughtfully designed for both ease and function, this move-in-ready home showcases new carpeting, excellent storage, three
Don't miss out on this charming Olsen beauty sitting on a corner lot! Offering 4 bedrooms, 3 baths, formal dining, wood floors, quartz countertops, beautiful light figures, and updated bathrooms. The spacious layout offers a great flow for entertainment. There is plenty of storage throughout including a storage room in the garage.
Priced to sell! Bring your offer!5 Bedrooms • 3 Baths • 3,084 Sq Ft • 0.37-Acre Lot • Major 2025 Updates new roof, A/C, sewer line and gas line. Room for everyone--and room to grow. Mother-in law floorplan, a flexible private-entry bedroom, sunroom, large backyard and 2-car garage. In the established Olsen neighborhood offers room to spread out. Bright airy, you'll love the neutral color
Welcome to Briar Village your new home in West Houston! Our multifamily apartment community offers spacious 1, 2, and 3-bedroom floor plans designed for comfort and convenience. Each apartment features modern interiors, fully equipped kitchens, and private patios or balconies. Residents enjoy access to a variety of amenities, including a sparkling swimming pool, fitness center, on-site laundry
Spacious 3/2/2 in Olsen! This large home offers plenty of room to spread out with two living areas, a functional layout, and extra parking in the back. Conveniently located just a block from the elementary school with quick access to I-40. Great space, great location, and ready for its next tenant!
Fully Furnished 4BR/2BA in Olsen – All Bills Paid – Month-to-MonthMove in and start living — this fully updated 4 bedroom, 2 bathroom home in the Olsen neighborhood comes completely furnished and move-in ready, with all bills included. This home has been thoughtfully updated throughout and offers the comfort and flexibility of month-to-month leasing without the hassle of setting up utilities,
Single family home. 4 bedrooms, 2 bathrooms, 1 living area PLUS an mother in law suite in the back with its own parking and fenced yard! This property is a great opportunity for a large family. Built in entertainment center in living area, dining room with bay window, built in appliances in kitchen, laundry room, bonus room can be used as an office, video or craft room, sun room. NEW FLOORING to
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.