Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1403 S Hughes St Amarillo, TX 79102

    For Sale
    $375,000

    MULTI_FAMILY - Amarillo, TX

    Lot size:
    0.51 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 1403 S Hughes St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    8
    Lot size
    0.51 Acres

    Building Details

    Year built
    1927
    Number of units
    5

    Realty Central of Amarillo, LLC (806) 322-4663 [email protected]

    Listing agent Ana Harrison

    Listing date Jun 16, 2025

    MLS# 25-3179 Listing URL

    Copyright © 2025 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.

    Overview

    Multifamily Investment Opportunity in Amarillo

    This property presents an investment opportunity with five units situated across two buildings. The first building, constructed in 1927, comprises four units, each featuring one bedroom, one bathroom, a living room, and a dining room. Each unit is equipped with a wall heater and window AC. Electric and gas are individually metered, while water is supplied to the entire building. Additionally, the building includes a basement that is not currently in use. The second building, built in 1975, contains 4 bedrooms and 1.5 bathrooms, along with an attached cinder block workshop area that has previously served as an art studio. The tenant is responsible for all utilities in this building. The property consists of three lots being sold together, totaling approximately 0.51 acres. Owner financing options are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.849552
    Latitude
    35.200857

    Nearby Similar for Sale

    • $2,929,300

      Amarillo Portfolio of 12 Homes

      Portfolio of 12 homes in Amarillo, TX for sale.
      Amarillo, TX 79109
      View Details
    • $999,000

      New Multifamily Investment Opportunity

      New construction quadplex in Amarillo, TX, built for rental efficiency.
      4010 Clive Ave, Amarillo, TX 79118
      View Details
    • $620,000
      38.55 Acres

      Barndominium on 38+ Acres

      Barndominium on 38.55 acres near Amarillo with pond.
      18501 Gold Rd, Amarillo, TX 79124
      View Details
    • $180,000
      1,207 SF

      Updated Duplex in Amarillo, Texas

      Charming, updated duplex perfect for various living arrangements.
      3804 NE 26Th Ave, Amarillo, TX 79107
      View Details
    • $1,925,000
      11,776 SF

      Multifamily Investment in Amarillo, TX

      Multifamily property in Amarillo's Tierra Santa development, ideal for investors.
      16100 Del Sol Dr, Amarillo, TX 79119
      View Details
    • $349,000
      3,864 SF

      Amarillo Multifamily Investment Opportunity

      Five-unit multifamily property with craftsman-style triplex and duplex.
      3701 S Van Buren St, Amarillo, TX 79110
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five units in two buildings, potential for owner financing.
    Where is this apartment building located?
    The property is located at 1403 S Hughes St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Owner financing available.; - Great investment opportunity with five units in two buildings.; - Property includes three lots being sold together.
    (806) 322-4663
    Request Owner's contact information
    1403 S Hughes St Amarillo, TX 79102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1403 S Hughes St
    Amarillo, TX 79102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1403 S Hughes St Amarillo, TX 79102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.