$179,999
$20K PRICE DROP

Estimated payment $1,360/month

Total Views 4,419
-- Bed
-- Bath
3,120 Sq Ft
$58 Price per Sq Ft

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

Jennifer Rosenbach

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,552

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: MultiFamily
  • Directions: From 10th Ave. and Washington, south on Washington, west on 11th to property.
  • Year Built: 1927
  • Roof:Composition: Yes
  • School Districts District1: Bivins
  • Expenses Utility Expense: water, gas
  • Property Information:Term of Tenancy: Month to Month
  • School Districts District2: Austin Middle School
  • School Districts District3: Tascosa High School
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Brick Veneer
  • Roof: Composition
  • Construction:Brick Veneer2: Yes

Condo/Co-op/Association

  • Phone: Same

Lot Info

  • Parcel #: 110021
  • Zoning Description: 0100 - NW Amarillo in City Limits

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
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
Source: Public Records

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
Source: Amarillo Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,000 New Conventional
Source: Public Records

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Source: Amarillo Association of REALTORS®

MLS Number: 25-4360

APN: R-044-7600-3960-0