Craftsman Home with Commercial
1611 S Van Buren Street Amarillo, TX 79102
1611 S Van Buren Street, Amarillo, TX, 79102
$467,999
For Sale
$467,999
COMMERCIAL - Amarillo, TX
Property Size3,259 SF
Price / SF$143.60
Days on Market8
Property Features for 1611 S Van Buren Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Covered, Parking Lot, Garage
- Standard status
- Active
- APN
- 161080
- Size
- 3,259 SF
Taxes and HOA fees
- Tax Description
- PLEMONS, BLK 0224, N/2 OF 17 AND ALL OF 18
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1913
- Building materials
- Stucco
Listing Agency
Reside Real Estate
(940) 328-3123
6901 Quaker Ave, Ste 100, Lubbock, TX
Listed by
Charli Rae Gause
(806) 370-0282
Added: Jul 10 Checked: Jul 17 at 5:06 am
MLS# 26-5564
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 preserved Craftsman home offers original woodwork, exposed brick, built-ins, and hardwood floors. The layout includes five bedrooms and 2.5 bathrooms, with spacious living areas plus a side porch for outdoor entertaining. Interior features also include an office and an upstairs balcony. Exterior improvements described by the seller include mature landscaping, a dog run, tall privacy fence, and RV/boat parking, along with a motorized driveway gate.
Located in Amarillo, Texas on a tree-lined, bricked street in the historic Plemons neighborhood, the property is described by the seller as zoned for both commercial and residential use.
Residential income is listed among the property types, and the home’s bedroom and bathroom count supports a flexible layout for a variety of occupancy needs.
Located in Amarillo, Texas on a tree-lined, bricked street in the historic Plemons neighborhood, the property is described by the seller as zoned for both commercial and residential use.
Residential income is listed among the property types, and the home’s bedroom and bathroom count supports a flexible layout for a variety of occupancy needs.
Key Highlights
- 1913 Craftsman home with stucco construction in Amarillo’s Plemons historic neighborhood
- 5 bedrooms and 2.5 bathrooms with central air conditioning
- Original woodwork, exposed brick, built‑ins, and hardwood floors
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $12.72 |
| − Vacancy | −$2.2k | −$0.66 |
| EGI | $39.3k | $12.06 |
| − OpEx | −$17.7k | −$5.43 |
| NOI | $21.6k | $6.63 |
3,259 SF · lease $12.72/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$308.8K
$270.2K – $360.2K
NOI $21,614 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$727.6K
$636.7K – $848.9K
NOI $50,934 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Preserved Craftsman residence with original details, multiple outdoor amenities, and seller-reported commercial and residential zoning.
Where is this single family property located?
The property is located at 1611 S Van Buren Street Amarillo, TX.
What is the asking price?
The asking price for this property is $467,999.
What are key features of this property?
This property features: 1913 Craftsman home with stucco construction in Amarillo’s Plemons historic neighborhood; 5 bedrooms and 2.5 bathrooms with central air conditioning; Original woodwork, exposed brick, built‑ins, and hardwood floors
