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For sale
    • $889,000

    511 Melody Dr, Amarillo, TX 79118

    3beds
    1,732sqft
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    Single Family Residence
    Built in 1965
    -- sqft lot
    $824,500 Zestimate®
    $513/sqft
    $266/mo HOA

    What's special

    Gorgeous treesSpacious lotLake just steps awayWide-open views
    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.
    19 days
    |
    287
    |
    5
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Amarillo Team 806-433-8404,

    RockOne Realty, LLC

    Source: AMMLS,MLS#: 26-5365MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • 3/4 bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,732
      • Total interior livable area: 1,732 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Has view: Yes
      • View description: Canyon
      Details
      • Additional structures: Storage
      • Parcel number: 142565
      • Zoning description: 4000 - SE of Amarillo City Limits

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: City

      Community & HOA

      Community
      • Features: Golf, Lake, Gated
      HOA
      • Has HOA: Yes
      • HOA fee: $266 monthly
      • HOA name: Lake Tanglewood Homeowners
      Location
      • Region: Amarillo

      Financial & listing details

      • Price per square foot: $513/sqft
      • Tax assessed value: $720,703
      • Annual tax amount: $9,572
      • Date on market: 7/2/2026
      • Listing terms: Conventional

        Estimated market value

        $824,500

        $783,000 - $866,000

        $2,126/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$889,000$513/sqft
        Source: AMMLS #26-5365 Report a problem
        7/1/2026Listing removed$889,000$513/sqft
        Source: AMMLS #25-10084 Report a problem
        6/14/2026Price change$889,000-1.1%$513/sqft
        Source: AMMLS #25-10084 Report a problem
        5/15/2026Price change$899,000-5.3%$519/sqft
        Source: AMMLS #25-10084 Report a problem
        12/14/2025Listed for sale$949,000$548/sqft
        Source: AMMLS #25-10084 Report a problem
        10/28/2025Listing removed$949,000$548/sqft
        Source: AMMLS #25-6103 Report a problem
        9/12/2025Price change$949,000-5%$548/sqft
        Source: AMMLS #25-6103 Report a problem
        7/8/2025Listed for sale$999,000$577/sqft
        Source: AMMLS #25-6103 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,572 +2.9%$720,703 +3%
        2024$9,300 +1050.3%$699,820 +3.5%
        2023$808 -54%$676,378 +10%
        2022$1,757 $614,889 +10%
        2021$1,757 $558,990 +0%
        2020-- $558,989
        2019$1,757 $558,989 +3.4%
        2018$1,757 $540,773 +6.1%
        2017$1,757 $509,455 +4.4%
        2016$1,757 -6.7%$487,896
        2015$1,883 $487,896 +0.4%
        2014$1,883 $485,731 +4.8%
        2013-- $463,305
        2012-- $463,305
        2011-- $463,305 +14.8%
        2010-- $403,563
        2009-- $403,563
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- $189,092
        2001-- $189,092
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 79118

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sundown
        • Middle: Pinnacle/Randall Jr. High
        • High: Randall

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

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