Investor opportunity in the heart of Amarillo. 1224 SW 11th Ave is a well-maintained fourplex offering immediate cash flow with all four units currently leased. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, creating strong rental appeal and flexibility for a variety of tenants. A new roof was installed in 2018, and the property has been kept in solid overall condition. With mostly cosmetic improvements needed, this is a prime value-add opportunity for investors looking to increase equity and rental potential without taking on major renovations. Conveniently located just minutes from downtown Amarillo, this income-producing property sits in a high-demand rental area with long-term upside.
Under contract
$305,000
1224 SW 11th Ave, Amarillo, TX 79101
6beds
4baths
3,752sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
- 59 days |
- 69 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Derek Manasco 806-673-6418,
Real Broker, LLC,
Shaye Olsen 575-626-9481
Source: AMMLS,MLS#: 26-3777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Cooling
- Electric, Central Air
Appliances
- Included: Microwave, Disposal, Dishwasher, Cooktop
Interior area
- Total structure area: 3,752
- Total interior livable area: 3,752 sqft
Property
Details
- Parcel number: R018600006500
- Zoning description: 0100 - NW Amarillo in City Limits
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1954
Community & HOA
Location
- Region: Amarillo
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $273,670
- Date on market: 5/8/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,932/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Contingent | $305,000$81/sqft |
Source: | ||
| 6/8/2026 | Pending sale | $305,000$81/sqft |
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| 5/8/2026 | Listed for sale | $305,000+2%$81/sqft |
Source: | ||
| 11/3/2025 | Listing removed | $299,000$80/sqft |
Source: | ||
| 7/8/2025 | Price change | $299,000-1.6%$80/sqft |
Source: | ||
| 6/10/2025 | Price change | $304,000-1.6%$81/sqft |
Source: | ||
| 5/28/2025 | Listed for sale | $309,000-10.4%$82/sqft |
Source: | ||
| 3/4/2024 | Listing removed | -- |
Source: | ||
| 1/12/2024 | Pending sale | $345,000$92/sqft |
Source: | ||
| 1/4/2024 | Listed for sale | $345,000$92/sqft |
Source: | ||
| 11/9/2023 | Listing removed | -- |
Source: | ||
| 10/13/2023 | Pending sale | $345,000$92/sqft |
Source: | ||
| 9/12/2023 | Listed for sale | $345,000$92/sqft |
Source: | ||
| 8/29/2023 | Contingent | $345,000$92/sqft |
Source: | ||
| 8/25/2023 | Listed for sale | $345,000-30.3%$92/sqft |
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| 8/24/2023 | Listing removed | -- |
Source: | ||
| 8/4/2023 | Listed for sale | $495,000+25.3%$132/sqft |
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| 8/2/2023 | Listing removed | -- |
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| 7/27/2023 | Listed for sale | $395,000-41.9%$105/sqft |
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| 5/23/2023 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 12/8/2021 | Listing removed | -- |
Source: | ||
| 10/27/2021 | Price change | $680,000-15%$181/sqft |
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| 8/25/2021 | Listed for sale | $800,000$213/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/16/2019 | Listing removed | $535 |
Source: Owner Report a problem | ||
| 12/4/2019 | Listed for rent | $535 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $264,179 +20% |
| 2024 | $4,577 | $220,149 +64.2% |
| 2023 | -- | $134,086 +1.8% |
| 2022 | $3,122 -5.9% | $131,680 |
| 2021 | $3,319 +13.8% | $131,680 +12% |
| 2020 | $2,917 -0.6% | $117,582 |
| 2019 | $2,935 -0.5% | $117,582 |
| 2018 | $2,950 +13.8% | $117,582 +10.6% |
| 2017 | $2,592 +0.8% | $106,281 |
| 2016 | $2,572 -98.9% | $106,281 |
| 2015 | $234,913 +9419.1% | $106,281 +2.7% |
| 2014 | $2,468 | $103,531 +0.8% |
| 2013 | -- | $102,730 |
| 2012 | -- | $102,730 +6.9% |
| 2011 | -- | $96,089 -2.4% |
| 2010 | -- | $98,502 |
| 2009 | -- | $98,502 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | $101,163 |
| 2001 | -- | $101,163 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 79101
Nearby schools
GreatSchools rating
- 6/10Bivins Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Austin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Tascosa High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Potter County
- Amarillo
- 79101
- 1224 SW 11th Ave







