$949,000
$50K PRICE DROP

511 Melody Ln Amarillo, TX 79118

Estimated payment $5,982/month

Total Views 55,894
3 Beds
2 Baths
1,732 Sq Ft
$548 Price per Sq Ft

Highlights

  • Lake Front
  • Golf Course Community
  • Canyon View
  • Crestview Elementary School Rated A
  • Gated Community
  • Community Lake

About This Home

Set in the highly sought-after Ski Area of Lake Tanglewood, this remarkable property offers wide-open views, gorgeous trees, and direct access to one of the most beautiful spots in the community. With the lake just steps away, you'll enjoy the perfect blend of natural beauty and recreational lifestyle—ideal for boating, skiing, and unforgettable sunrises. The home rests on a spacious lot that captures the essence of lake living, inviting you to dream, relax, and create something truly special. Opportunities like this are few and far between in such a prime location. Come experience the magic of Lake Tanglewood and imagine the possibilities.

Listing Agent

Amarillo Team

RockOne Realty, LLC License #9012340 Listed on: 07/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,300

Year Built

  • Built in 1965

Lot Details

  • Lake Front
  • Zoning described as 4000 - SE of Amarillo City Limits

HOA Fees

  • $196 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • 1,732 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Canyon Views
  • Surveillance System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Sundown Elementary School
  • Pinnacle/Randall Jr. High Middle School
  • Randall High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 142565

Community Details

Overview

  • $2,500 HOA Transfer Fee
  • Lake Tanglewood Homeowners Association, Phone Number (806) 433-8403
  • Mandatory home owners association
  • Association Approval Required
  • Community Lake

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,300

Year Built

Built in 1965

Lot Details

0

HOA Fees

$196 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Directions: From Lake Tanglewood gate, proceed on Tanglewood. Turn right after the community center. After you cross the big bridge, turn left. At 3 way stop turn right. Turn left of Cindy, Turn right on Melody.
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1965
  • Contract Information:Flood Insur Required: It is not known if Flood Insur is req'd
  • Property Information:New Construction: No
  • Property Information:Fixture Lease(s)2: No
  • Property Information:Carport: No
  • Taxes and Legal Information:Inside City Limits: select one
  • Bathrooms Full Bathrooms: 0
  • Roof:Composition: Yes
  • StoriesLevels:Single: Yes
  • HOA Info:HOA Mandatory Mbrshp: Yes
  • Water:City5: Yes
  • Schools:Elementary: Sundown
  • Schools:IntermediateMiddle: Pinnacle/Randall Jr. High
  • Schools:High: Randall
  • Special Features:Canyon View: Yes
  • Detached Structures:Storage Buildings: Yes
  • HOA Info:Transfer Fee2: 2500.0
  • HOA Info:Membership Aprvl Req: Yes
  • Special Features:Lake Front: Yes
  • Heat:Central: Yes
  • AC:Central Air: Yes
  • Bathrooms 14 Bathrooms: 0
  • Bathrooms 12 Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Fireplace:Number2: 1
  • Fireplace Location:Living Room: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Community Features:Lake: Yes

Exterior Features

  • View: Canyon
  • Other Structures: Storage
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Faces Front, Garage Door Opener
  • Property Information:Garage Stall2: 2.0
  • Property Information:Attached Garage: Yes
  • Property Information:Detached Garage: No
  • Property Information:RV Parking: No
  • Special Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes

Utilities

  • Security: Surveillance equipment on-site
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: City
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Community Features: Golf, Lake, Gated
  • Association Fee: 195.5
  • Association Fee Frequency: Monthly
  • Association Name: Lake Tanglewood Homeowners
  • Phone: 806-433-8403
  • Association: Yes

Association/Amenities

  • HOA Info:Association Fee: 195.5
  • HOA Info:Association Freq: Monthly

Schools

  • Elementary School: Sundown
  • High School: Randall
  • Middle Or Junior School: Pinnacle/Randall Jr. High

Lot Info

  • Parcel #: 142565
  • Zoning Description: 4000 - SE of Amarillo City Limits

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $9,300 $720,703 $300,000 $420,703
2024 $9,300 $699,820 $300,000 $399,820
2023 $9,006 $687,651 $300,000 $387,651
2022 $9,575 $689,368 $300,000 $389,368
2021 $9,638 $558,990 $300,000 $258,990
2020 $9,342 $558,989 $300,000 $258,989
2019 $9,482 $558,989 $300,000 $258,989
2018 $9,084 $540,773 $300,000 $240,773
2017 $8,532 $509,455 $300,000 $209,455
2016 $8,280 $487,896 $300,000 $187,896
2015 $1,883 $487,896 $300,000 $187,896
2014 $1,883 $485,731 $300,000 $185,731
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $949,000 -5.0% $548 / Sq Ft
07/08/2025 07/08/25 For Sale $999,000 -- $577 / Sq Ft
Source: Amarillo Association of REALTORS®

Purchase History

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

About the Listing Agent

Amarillo Team

RockOne Realty, LLC

(806) 542-3831

Section Image

The Amarillo Team at RockOne Realty exists to help you! Whether you are a first time home buyer or you are selling your luxury estate, we can help. We have a team of highly effective REALTORS® ready to provide you with exceptional service. All our agents are members of the Texas and National Association of REALTORS®. Our expertise and dedication to our clients makes us the solid choice!

Amarillo's Other Listings

  • 110 S Shore Dr, Amarillo, TX 79118

    $225,000

    • Land
    • 2.56 Acres
    • $87,891 per Acre
    • 110 S Shore Dr
    • Amarillo, TX

    Ready to build a new home or just have lake membership! This 2.56-acre lot at Lake Tanglewood presents an opportunity for you to bring your dream home to life. Situated away from through traffic, the location offers a peaceful & secluded setting, ideal for those seeking tranquility & privacy. With ample space to design & construct your new home, you'll have the freedom to create a residence

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 0 Caprock Ln, Amarillo, TX 79118

    $240,000

    • Land
    • 4.12 Acres
    • $58,252 per Acre
    • 0 Caprock Ln
    • Amarillo, TX

    Here's your chance to seize a rare and exceptional opportunity - to own 4.12 acres per PRAD, all within the enchanting landscape of Lake Tanglewood. With breathtaking lake and canyon views, this property promises a lifestyle of serenity and natural beauty. Nestled within this private community, you'll find yourself in the lap of luxury and convenience. Lake Tanglewood is renowned for its

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 350 Snow Quail Rd, Canyon, TX 79015

    $529,000

    • 4 Beds
    • 3 Baths
    • 2,640 Sq Ft
    • 350 Snow Quail Rd
    • Canyon, TX

    Enjoy the peaceful drive to this beautifully maintained 4-bedroom, 3-bath home nestled on over an acre in the Quail Prairie Subdivision. The open-concept layout welcomes you with a spacious living area and a cozy wood-burning fireplace—perfect for those cool country evenings. The isolated primary suite offers a private retreat with a generous walk-in closet and a spa-like bathroom. The kitchen is

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 4205 Beacon Rd, Amarillo, TX 79118

    $226,950 New Construction

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 4205 Beacon Rd
    • Amarillo, TX

    Eastland Homes' new construction is nestled in the charming neighborhood of Beacon Pointe within the Canyon Independent School District. This stylish home offers 3 bedrooms, 2 bathrooms, and a 2-car garage. The kitchen, featuring granite countertops. The open floor plan maximizes space and comfort, creating a welcoming living environment. With a sprinkler system and sod in the front and backyard,

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 4202 Beacon Rd, Amarillo, TX 79118

    $226,950 New Construction

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 4202 Beacon Rd
    • Amarillo, TX

    Eastland Homes' new construction is nestled in the charming neighborhood of Beacon Pointe within the Canyon Independent School District. This stylish home offers 3 bedrooms, 2 bathrooms, and a 2-car garage. The kitchen, featuring granite countertops. The open floor plan maximizes space and comfort, creating a welcoming living environment. With a sprinkler system and sod in the front and backyard,

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 10605 Admire St, Timbercreek Canyon, TX 79118

    $226,950 Pending

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 10605 Admire St
    • Timbercreek Canyon, TX

    Eastland Homes' new construction is nestled in the charming neighborhood of Beacon Pointe within the Canyon Independent School District. This stylish home offers 3 bedrooms, 2 bathrooms, and a 2-car garage. The kitchen, featuring granite countertops. The open floor plan maximizes space and comfort, creating a welcoming living environment. With a sprinkler system and sod in the front and backyard,

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 6 Stoneway Ct, Canyon, TX 79015

    $809,500

    • 5 Beds
    • 3.5 Baths
    • 4,437 Sq Ft
    • 6 Stoneway Ct
    • Canyon, TX

    Luxury living and panoramic views in this fabulous home in Hunsley Hills. Featuring 5 bedrooms, 3.5 baths, an office, dog room, and a spacious media room, this property is designed for comfort and entertainment. The living room offers a cozy wood-burning fireplace, while the kitchen impresses with abundant storage and high-end appliances. The isolated master suite overlooks a serene pond and the

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 18 Rock Cove, Canyon, TX 79015

    $425,000 Pending

    • 4 Beds
    • 2 Baths
    • 2,258 Sq Ft
    • 18 Rock Cove
    • Canyon, TX

    Welcome to this beautifully designed 4-bedroom, 2-bathroom residence featuring an inviting open floor plan ideal for modern living. The living area boasts a cozy fireplace, perfect for relaxing evenings. The secluded primary bedroom offers a private retreat, complete with ample closet space and an en-suite bathroom. Three additional bedrooms provide flexibility for family, guests, or a home

    Amarillo Team RockOne Realty, LLC

    Section Image
  • 3502 S Rusk St, Amarillo, TX 79109

    $249,950 Pending

    • 3 Beds
    • 2 Baths
    • 1,660 Sq Ft
    • 3502 S Rusk St
    • Amarillo, TX

    Charming 3-Bedroom Home with Gorgeous Upgrades & Large Backyard.Step into this beautifully remodeled 3-bedroom, 2-bath home featuring stunning hardwood floors. The open and inviting floor plan flows seamlessly from the spacious living area into the updated kitchen, perfect for entertaining and everyday living. Outside, enjoy a large backyard ideal for gatherings, play, or relaxing. A 2-car

    Amarillo Team RockOne Realty, LLC

    Section Image

Source: Amarillo Association of REALTORS®

MLS Number: 25-6103

APN: R-044-3900-1380