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Five-Plex Apartment Building with Garages
For Sale
$893,300

11074 VERANO Drive, Canyon, TX 79015

MULTI_FAMILY - Canyon, TX

Property SizeContact for details
Days on Market132

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 7, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 9, Bedroom 3, Bedroom 10, Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 5, Bedroom 1, Bedroom 8
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

Amenities

private fenced yard
covered patio
storage room
low-maintenance rock landscaping

Building Details

Year built 2026
Number of units 5
Listing Agency: Fathom Realty, LLC
Listed By: Madison Carney
Added: Apr 24 Changed: Aug 4 Last Checked: Sep 2 at 5:06PM
MLS# 26-3378

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.

Under construction for 2026, this five-plex apartment building at 11074 Verano Drive in Canyon, TX is planned as five identical two-bedroom, one-bath units. Each unit includes a 1-car garage and a private fenced yard, plus a covered patio with a storage room and low-maintenance rock landscaping in the backyard.

The units are described as already leased, supporting an immediate occupancy plan. The listing also states that kitchen appliances convey with each unit, including refrigerators, ranges, microwaves, and dishwashers.

Designed for practical, low-upkeep living, the property’s unit layouts and outdoor areas are intended to reduce owner maintenance while giving tenants dedicated outdoor space.

Key Highlights

  • Under construction for 2026 five‑plex apartment building in Canyon, TX
  • Five leased two‑bedroom, one‑bath units
  • Each unit includes a 1‑car garage

Property Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

13
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 five-plex in Canyon, TX with five leased two-bedroom, one-bath units, each including a 1-car garage.
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: Under construction for 2026 five‑plex apartment building in Canyon, TX; Five leased two‑bedroom, one‑bath units; Each unit includes a 1‑car garage
More about this property
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