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Off market
  • $1,518,900

    501 Melody Dr, Amarillo, TX 79118

    3beds
    3,227sqft
    SingleFamily
    Built in 1964
    0.41 Acres Lot
    $1,518,900 Zestimate®
    $471/sqft
    $3,570 Estimated rent

    Home value

    $1,518,900

    $1.37M - $1.70M

    $3,570/mo

    Zestimate® history
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    $10,313/mo

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    What's special

    Stunning location on the ''big water'' at Lake Tanglewood. Get the best of both worlds with this unique lot that has access to the lake on two sides, from the calmer channel water on one side to the wider part of the lake on the other. Thanks to the floor-to-ceiling windows, the expansive 180 degree views of the lake immediately welcome you into the home. There are multiple living spaces, open dining and kitchen area that leads out to the deck. The outdoor space on this home is spectacular with usable space year-round because of the large covered patio and wood burning fireplace. Escape to your isolated master retreat with the large spa-like bathroom and panoramic views. Truly a hidden gem at Lake Tanglewood!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Laundry: Hook-Up Electric
    Features
    • Flooring: Other
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,227 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: R044390014800

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $158 monthly
    Location
    • Region: Amarillo

    Financial & listing details

    • Price per square foot: $471/sqft
    • Tax assessed value: $1,300,503
    • Annual tax amount: $17,273

    Price history

    DateEventPrice
    12/29/2020Sold--
    Source: Agent Provided Report a problem
    9/28/2020Pending sale$1,200,000$372/sqft
    Source: Triangle Realty, LLC #20-1982 Report a problem
    3/26/2020Listed for sale$1,200,000+41.2%$372/sqft
    Source: Triangle Realty, LLC #20-1982 Report a problem
    7/27/2012Listing removed$850,000$263/sqft
    Source: Keller Williams Realty #12-71679 Report a problem
    6/1/2012Listed for sale$850,000$263/sqft
    Source: Dro Management I Inc dba Keller Williams Realty #12-71679 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,273 +3.8%$1,300,503 +3.8%
    2024$16,648 +8.9%$1,252,845 +9.1%
    2023$15,285 -10.8%$1,147,987 +4.4%
    2022$17,129 +11.3%$1,100,030 +19.9%
    2021$15,386 $917,380 +6.9%
    2020-- $857,829
    2019$13,001 $857,829 +0.7%
    2018$13,001 $851,985 +0.9%
    2017$13,001 $844,361 +0.3%
    2016$13,001 -1%$842,013
    2015$13,127 $842,013 +0.1%
    2014$13,127 $841,216 +1.2%
    2013-- $831,079 +61.7%
    2012-- $513,909
    2011-- $513,909
    2010-- $513,909
    2009-- $513,909
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    Find assessor info on the county website

    Neighborhood: 79118

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sundown
    • Middle: Pinnacle/Westover
    • High: Randall
    • District: Canyon

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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