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Under contract
  • $305,000

    1224 SW 11th Ave, Amarillo, TX 79101

    6beds
    4baths
    3,752sqft
    : 
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    Multi Family
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $81/sqft
    $-- HOA

    What's special

    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.
    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#: 26-3777MLS Logo

      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

        DateEventPrice
        6/8/2026Contingent$305,000$81/sqft
        Source: AMMLS #26-3777 Report a problem
        6/8/2026Pending sale$305,000$81/sqft
        Source: AMMLS #26-3777 Report a problem
        5/8/2026Listed for sale$305,000+2%$81/sqft
        Source: AMMLS #26-3777 Report a problem
        11/3/2025Listing removed$299,000$80/sqft
        Source: AMMLS #25-4850 Report a problem
        7/8/2025Price change$299,000-1.6%$80/sqft
        Source: AMMLS #25-4850 Report a problem
        6/10/2025Price change$304,000-1.6%$81/sqft
        Source: AMMLS #25-4850 Report a problem
        5/28/2025Listed for sale$309,000-10.4%$82/sqft
        Source: AMMLS #25-4850 Report a problem
        3/4/2024Listing removed--
        Source: AMMLS #24-134 Report a problem
        1/12/2024Pending sale$345,000$92/sqft
        Source: AMMLS #24-134 Report a problem
        1/4/2024Listed for sale$345,000$92/sqft
        Source: AMMLS #24-134 Report a problem
        11/9/2023Listing removed--
        Source: AMMLS #23-6238 Report a problem
        10/13/2023Pending sale$345,000$92/sqft
        Source: AMMLS #23-6238 Report a problem
        9/12/2023Listed for sale$345,000$92/sqft
        Source: AMMLS #23-6238 Report a problem
        8/29/2023Contingent$345,000$92/sqft
        Source: AMMLS #23-6238 Report a problem
        8/25/2023Listed for sale$345,000-30.3%$92/sqft
        Source: AMMLS #23-6238 Report a problem
        8/24/2023Listing removed--
        Source: AMMLS #23-5503 Report a problem
        8/4/2023Listed for sale$495,000+25.3%$132/sqft
        Source: AMMLS #23-5503 Report a problem
        8/2/2023Listing removed--
        Source: AMMLS #23-5282 Report a problem
        7/27/2023Listed for sale$395,000-41.9%$105/sqft
        Source: AMMLS #23-5282 Report a problem
        5/23/2023Sold--
        Source: Agent Provided Report a problem
        12/8/2021Listing removed--
        Source: AMMLS #21-3345 Report a problem
        10/27/2021Price change$680,000-15%$181/sqft
        Source: AMMLS #21-3345 Report a problem
        8/25/2021Listed for sale$800,000$213/sqft
        Source: AMMLS #21-3345 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        12/16/2019Listing removed$535
        Source: Owner Report a problem
        12/4/2019Listed for rent$535
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax 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

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        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

        Getting around

        59 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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