$726,628Average Value$229Average Price per Sq Ft6Homes For Sale
Gated community on 560-acre refuge
River Falls is a gated community on the northern side of Palo Duro Canyon, the second-largest canyon system in the United States after the Grand Canyon. Situated on a 560-acre refuge, a home behind the gates unlocks many outdoor activities, from kayaking to hiking to exploring caves. Located east of the neighboring cities of Amarillo (15 miles) and Canyon (20 miles), River Falls is also part of the A-rated Canyon Independent School District. “The community provides an outdoor lifestyle,” says Krystal Nelson, a Realtor with the Scott Land Company, who’s sold in the area. “People move out there for the access to the river. They like the activities on the refuge like hiking, fishing and taking their ATVs out along the trails.”
River Falls is home to Lake Tanglewood.
Waterfront properties are a favorite in River Falls.
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Outdoor way of life in River Falls
The biggest draw to the gated community is its location on a 560-acre refuge. Steps from the front door, residents can explore the outdoors in numerous ways. Popular activities include hiking or taking an ATV out on the trails to explore the waterfalls or the Devil’s Kitchen Cave near the canyon. With multiple waterways, stocked fishing ponds and designated swimming areas, it's common to see people fishing, kayaking or enjoying a float on the water. Golfers don't need to set a tee time at River Falls Golf Course. They can just show up and play the 9-hole par 3 golf course or practice their skills on the driving range. The River Falls Equestrian Center offers a place to house horses and take riding lessons.
Head out on your boat and enjoy a day on the water in River Falls.
Bike the miles of trails at Palo Duro Canyon State Park in River Falls.
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River Falls Property Owners Association plans gatherings
The River Falls Property Owners Association has an event committee that puts on numerous festivities throughout the year for residents. The River Falls Annual Golf Tournament and Family BBQ each summer is especially popular. The golf tournament is a two-person scramble followed by a picnic where the entire neighborhood is invited. Other smaller events include an annual movie night or cleanup gatherings around the refuge. River Falls Venue and Lodges offers a sneak peek into the area. It provides space for people to host private parties and weddings. The River Falls Equestrian Center also hosts events throughout the year, including birthday parties and horse shows.
Some yards turn into ravines in River Falls.
Grab fresh produce at the Farmers Market at Country Corner.
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Custom-built homes on acreage
The established home inventory in River Falls consists of custom-built properties that rest on at least 1.5 acres of land. No matter the location, homeowners have scenic views of the water, canyon or refuge. Prices for these houses range from around $800,000 to $1.1 million, with those on larger acreage fetching the highest prices. Undeveloped lots are also available and offer buyers the opportunity to build their own dream homes. These lots start around $100,000 and can rise to roughly $300,000. The community is one of the few in Amarillo with an HOA, and dues run around $1,600 per year with a $500 one-time transfer fee. “Buyers like the fact that it's gated,” Nelson says. “It’s a chance to buy or build a house and get out of the city.”
Find your home on the peaks in River Falls.
Most housing in River Falls are custom built homes.
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Dual enrollment courses at Randall High School
River Falls is part of the Canyon Independent School District, which gets an A on Niche and serves around 11,000 students annually. It also gets the distinction of being ranked as Amarillo's top school district by Niche. Students can attend Sundown Lane Elementary School, which earns an A, for kindergarten through fourth grade. They can advance to the A-minus-rated Pinnacle Intermediate School, which covers fifth and sixth grades, and Randall Junior High School, which teaches seventh and eighth grades. The junior high school campus opened in 2022-23 and does not have a Niche rating. Randall High School gets an A-minus score and has Advanced Placement and dual enrollment courses.
Go Raiders! Randall High School takes pride in their sports programs.
Randal Junior High offers learning for students, grades 7th and 8th.
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Nearby retailers on East Farm and beyond
Dollar General on East Farm to Market Road 1151 provides a convenient location for quick essentials. More serious grocery runs can be handled at the Walmart Neighborhood on Market on Southwest 58th Avenue, 13 miles away. Panhandle Greenhouses is a locally owned greenhouse and patio store that has been a staple in this area since 1991. Lone Star Bar & Grill has also been around for 20-plus years. It offers a homestyle vibe and is known for its steaks. Downtown Amarillo is about a 15-mile drive and has 30 locally owned restaurants for more options for a night out. “There’s not much nearby, so you have to go into Amarillo or Canyon, which is about a 20-minute drive,” Nelson says.
Outfit your yard with the help of Panhandle Green House in River Falls.
Osage Street can take you to local shopping and dinning in River Falls.
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River Falls Airport is in the community
River Falls Airport is a general aviation airport in the community and offers an alternative to the city's international airport. The community's gates are about 6 miles south of Texas State Loop 335, known locally as The Loop, an alternative roadway that encircles Amarillo and gives River Falls residents access to the city. Locals can use it to get the 13 miles to Rick Husband Amarillo International Airport, which has commercial flights on American, Southwest and United Airlines. It’s also a main route to Northwest Texas Healthcare System, a nearly 500-bed teaching hospital that's 20 miles away. South Osage Street is just west of the neighborhood and leads directly to downtown Amarillo, about 15 miles north.
Take off or come home to River Falls from the River Falls Airport.
Play a round of gold at the Lake Tanglewood Golf Course in River Falls.
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Weather risks in the Texas Panhandle
The winding waterways in River Falls provide scenic views and adventure, but they also increase the community’s risk of flooding. FEMA encourages all Texas homeowners to have flood insurance, while federal lenders may require it in high-risk areas. Amarillo’s hot summers with low humidity dry out plants and vegetation, leaving the city and neighborhood vulnerable to wildfires. Because of this, local counties regularly go under burning bans.
Texas Loop 335 makes for an easy commute from River Falls to the greater Amarillo area.
Palo Duro Canyon offers hiking trails and more for residents of River Falls.
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
Devin Cook,
an experienced agent in this neighborhood.
Transit
Airport
Rick Husband Amarillo International
36 min drive
River Falls Demographics and Home Trends
On average, homes in River Falls, Amarillo sell after 41 days on the market compared to the national average of 52 days. The median sale price for homes in River Falls, Amarillo over the last 12 months is $546,250, down 13% from the median home sale price over the previous 12 months.
Luxury in River Falls with peaceful country living! PRICED BELOW APPRAISAL DISTRICT VALUE!! Take in the many attractions of this gorgeous custom built home on 2.8 acres. The entryway opens into a spacious and classy cool grey toned living room with vaulted ceilings, a music nook, and a fireplace. To the right is an open concept kitchen and dining room featuring beautiful countertops, stunning
Fabulously Updated 5/3/3 Home w/30X40 SHOP on 5.13 Acres in River Falls! Cozy up in this Huge Living Rm w/woodburning Stone Fireplace accented with a Barn Beam as the mantle! Completely remodeled Kitchen w/new stove top, huge pantry & breakfast nook! Entire house repainted, porcelain wood-look tile, new carpet in bedrooms! Gorgeous ceilings! Formal Dining! Huge Primary Bedrm Ensuite w/soaking tub
A TREMENDOUS opportunity to own a River Falls Air Park Hangar lot! This hangar lot is approximately +/-1.2000 Acres. Located a short Trek from Amarillo, Bushland, Canyon, Claude and Palo Duro Canyon - not to mention a short drive to Buccee's! This Montana Way lot will provide ease of travel from a short taxi to the runway to wheels up in no time. Amenities included in the River Falls Airport POA
Great opportunity to own MAIN runway lot! this 1.5 acre lot can be used for light commercial use! Lot ownership also gives you access to the refuge! 500+ acres to bike, hike, ATV, fish, nature watch and much more! There is nothing like this subdivision anywhere in the Texas Panhandle! Check it out before its gone!
Interested in learning more about homes in this area?
Reach out to
Devin Cook,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
706
Median Age
44
Population under 18
23.4%
On par with the national average
23.8%
Population over 65
20.5%
On par with the national average
19.1%
Finances
Median Household Income
$104,911
Significantly above the national average
$71,702
Average Household Income
$129,050
Education and Workforce
High School Graduates
85.3%
College Graduates
24.9%
Below the national average
34.1%
Advanced Degrees
6.8%
Below the national average
13.3%
% Population in Labor Force
60.4%
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®
16/ 100
Car-Dependent
Walk Score®
0/ 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.
