$254,000

Estimated payment $1,864/month

Total Views 1,008
2 Beds
2 Baths
660 Sq Ft
$385 Price per Sq Ft

Highlights

  • No HOA
  • Evaporated cooling system
  • East Facing Home
  • Carver Early Childhood Academy Rated A
  • Surveillance System
  • Wood Fence

About This Home

Seize this rare chance to own seven income-producing properties situated on two oversized lots, all within walking distance to Downtown Amarillo's vibrant shopping, dining, and the local ballpark! This unique package offers unbeatable potential for investors looking to grow their portfolio in one of Amarillo's most accessible and developing areas. These properties are ideally located for tenants or short-term rental guests seeking proximity to entertainment, restaurants, and downtown attractions. Whether you're looking to rent as-is or explore redevelopment options, the possibilities are endless. Don't miss your chance to invest in the heart of Amarillo! 1108 S Lincoln is a duplex. Each side has 1 bedroom and 1 bathroom. Both sides are currently leased for $700 a month. gas range and fridge. 515 SE 12th is vacant. 2 bedrooms + an office and 1 bathroom.
513 SE 12th is vacant. 2 bedroom and 1 bathroom.

Listing Agent

Connie Taylor

Keller Williams Realty Amarillo License #0516410 Listed on: 07/19/2025

Keller Williams Realty Amarillo

Co-Listing Agent

Kayla Melton

Keller Williams Realty Amarillo License #694602

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,489

Year Built

  • Built in 1920

Lot Details

  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Zoning described as 0300 - NE Amarillo in City Limits

Home Design

  • 660 Sq Ft Home
  • Composition Roof
  • Pier And Beam

Kitchen

  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sanborn Elementary School
  • Mann Middle School
  • Palo Duro High School

Utilities

  • Evaporated cooling system
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Association Phone (806) 236-1370

Listing and Financial Details

  • Exclusions: see exclusions list in docs
  • Assessor Parcel Number 161295

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,489

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Co List Office Mls Id: KEL
  • Co List Office Phone: 806-359-4000
  • Directions: Heading North on 287 take US 60E Turn Right on SE 11th and then Right on S Lincoln. The property is on the right and 515 SE 12th and 513 SE 12th are on the same lot.
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1920
  • Contract Information:Flood Insur Required: It is not known if Flood Insur is req'd
  • Property Information:New Construction: No
  • Property Information:Exclusions: see exclusions list in docs
  • Property Information:Fixture Lease(s)2: No
  • Property Information:Dwelling Faces: East
  • Property Information:Carport: No
  • Taxes and Legal Information:Inside City Limits: Yes
  • Bathrooms Full Bathrooms: 2
  • Roof:Composition: Yes
  • Fence:Wood Fence: Yes
  • Water Heater:_pound_ Heaters: 1
  • HOA Info:HOA Mandatory Mbrshp: No
  • Foundation:Pier Beam: Yes
  • Water:City5: Yes
  • Sewer:City6: Yes
  • Schools:Elementary: Sanborn
  • Schools:IntermediateMiddle: Mann
  • Schools:High: Palo Duro
  • Appliances Refrigerators: Yes
  • Lender Owned:Lender Owned: No
  • Potential Short Sale:Potential Short Sale: No
  • Foreclosed:Foreclosed: No
  • Possible Financing Other Financing: Cash
  • Fence:Chain Link: Yes
  • AC:Window Evap: Yes
  • Heat:Wall Furnace3: Yes
  • Bathrooms 14 Bathrooms: 0
  • Bathrooms 12 Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Appliances Range: Yes

Exterior Features

  • Fencing: Wood, Chain Link
  • Exclusions: see exclusions list in docs
  • Direction Faces: East
  • Foundation Details: Pier & Beam
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Property Information:Attached Garage: No
  • Property Information:Detached Garage: No
  • Property Information:RV Parking: No

Utilities

  • Security: Surveillance equipment on-site
  • Cooling: Window Evap
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Sewer: City
  • Water Source: City

Condo/Co-op/Association

  • Phone: 806-236-1370
  • Association: No

Schools

  • Elementary School: Sanborn
  • High School: Palo Duro
  • Middle Or Junior School: Mann

Lot Info

  • Parcel #: 161295
  • Zoning Description: 0300 - NE Amarillo in City Limits

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,489 $264,046 $4,469 $259,577
2023 $5,601 $258,884 $4,469 $254,415
2022 $3,233 $136,357 $4,536 $131,821
2021 $2,653 $106,936 $4,536 $102,400
2020 $2,606 $104,416 $4,536 $99,880
2019 $2,620 $104,416 $4,536 $99,880
2018 $2,547 $104,416 $4,536 $99,880
2017 $2,515 $103,897 $4,536 $99,361
2016 $2,515 $103,897 $4,536 $99,361
2015 $229,645 $103,897 $4,536 $99,361
2014 $2,477 $103,897 $4,536 $99,361
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $508,000 +100.0% $770 / Sq Ft
07/19/2025 07/19/25 For Sale $254,000 -51.2% $385 / Sq Ft
06/15/2025 06/15/25 For Sale $520,000 -- $788 / Sq Ft
Source: Amarillo Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Seller Take Back
Source: Public Records

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Source: Amarillo Association of REALTORS®

MLS Number: 25-6471

APN: R-065-1000-3076-0