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Five-Unit Apartment Building
New
For Sale
$893,300

11074 VERANO Drive, Canyon, TX 79015

MultiFamily, Canyon, TX

Property SizeContact for details
Days on Market4

Property Features for 11074 VERANO Drive

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning description 2000 - SW of Amarillo City Limits
Bedrooms 10
Full bathrooms 5
Rooms Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 9, Bedroom 6, Bedroom 8, Bathroom 1, Bedroom 7, Bedroom 10, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 5, Bathroom 4
Appliances Refrigerator, Range, Microwave, Dishwasher
Directions South on FM 2590, West on 2219, South on Helium, west on Verano, 5plex on North side of street
Subdivision 2229 - Tierra Santa
Standard status Active

Taxes and HOA fees

Tax Description TIERRA SANTA # 2, LOT 028, BLK 0001, 1.0200 ACRES
Legal Description TIERRA SANTA # 2, LOT 028, BLK 0001, 1.0200 ACRES

Building Details

Year built 2026
Number of units 5
Listing Agency: Fathom Realty, LLC
Listed By: Madison Carney · License #720145
Added: Sep 11 Changed: Sep 13 Last Checked: Sep 14 at 2:06PM
MLS# 26-7338

Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction apartment property is designed as a five-unit building, with completion identified for 2026. Each residence includes two bedrooms, one bathroom, a one-car garage, and a private fenced yard. Covered patios, attached storage rooms, and rock landscaping are planned at the rear of each unit, creating defined outdoor areas with straightforward upkeep requirements.

The property is located at 11074 Verano Drive in Canyon, Texas, within Randall County. All five units are leased, providing an established occupancy profile ahead of completion. Refrigerators, ranges, microwaves, and dishwashers convey with each residence, supporting a consistent appliance package across the building.

Key Highlights

  • Five apartment units, each with 2 bedrooms and 1 bathroom
  • Under construction with a 2026 completion year
  • All five units are leased

Property Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 79015, TX

21,710
Population
9,311
Households
2.3
Avg Household Size
32
Median Age
40%
College-Educated
95%
High-School Grad
328.5 sq mi
ZIP Area
66
Density / Sq Mi
$81,351
Median Household Income
$43,168
Median Earnings
$976
Median Rent
$267,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Under-construction multifamily property with consistent two-bedroom layouts, private outdoor areas, garages, and included kitchen appliances.
Where is this apartment building located?
The property is located at 11074 VERANO Drive Canyon, TX.
What is the asking price?
The asking price for this property is $893,300.
What are key features of this property?
This property features: Five apartment units, each with 2 bedrooms and 1 bathroom; Under construction with a 2026 completion year; All five units are leased
More about this property
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