
1205 SW 11th Ave Amarillo, TX 79101
Bivins NeighborhoodEstimated payment $1,360/month
About This Home
Stong income-producing triplex with an estimated 11.5% cap rate! FULLY OCCUPIED, tenants are on month-to-month. Unit B has been completely remodeled, offering a modern interior that adds immediate value. The property includes a large backyard, detached 2-car garage ideal for storage, and a separate rear building ready to be renovated into a 4th income-producing unit. Owner pays for water and gas. Priced below tax appraisal value, this is an excellent opportunity to secure a solid multifamily investment with upside.
Listing Agent
Amarillo's Parkview Realty, LLC License #0594462 Listed on: 05/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,552
Year Built
- Built in 1927
Home Design
- 3,120 Sq Ft Home
- Brick Veneer
- Composition Roof
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 110021
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2025 | $4,552 | $224,159 | $5,400 | $218,759 |
2024 | $4,552 | $218,959 | $5,400 | $213,559 |
2023 | $4,488 | $207,452 | $5,400 | $202,052 |
2022 | $4,046 | $170,671 | $5,400 | $165,271 |
2021 | $3,166 | $127,622 | $5,400 | $122,222 |
2020 | $2,988 | $119,730 | $5,400 | $114,330 |
2019 | $3,004 | $119,730 | $5,400 | $114,330 |
2018 | $2,920 | $119,730 | $5,400 | $114,330 |
2017 | $2,793 | $115,386 | $5,400 | $109,986 |
2016 | $2,793 | $115,386 | $5,400 | $109,986 |
2015 | $505,667 | $115,386 | $5,400 | $109,986 |
2014 | $2,750 | $115,386 | $5,400 | $109,986 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/27/2025 08/27/25 | Price Changed | $179,999 | -2.7% | $58 / Sq Ft |
06/19/2025 06/19/25 | Price Changed | $185,000 | -7.5% | $59 / Sq Ft |
05/12/2025 05/12/25 | For Sale | $199,900 | -- | $64 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | -- | -- | |
Quit Claim Deed | -- | -- | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $143,000 | New Conventional |
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Source: Amarillo Association of REALTORS®
MLS Number: 25-4360
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