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

11074 VERANO Drive, Canyon, TX 79015

MultiFamily, Canyon, TX

Property SizeContact for details
Days on Market5

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 Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 10, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 9, Bedroom 5, Bathroom 3
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: The Homestead Property Group
Listed By: Madison Carney · License #720145
Added: Sep 22 Last Checked: Sep 26 at 9:06AM
MLS# 26-7597

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 five-unit apartment building is listed with a 2026 year built and is currently under construction. Each residence is configured with two bedrooms and one bathroom, along with a one-car garage, private fenced yard, covered patio, and storage room. Rock landscaping in the rear yards provides a defined outdoor area with a low-maintenance finish.

All five units are leased, providing an occupied residential configuration at delivery. Kitchen equipment conveys with each unit, including refrigerators, ranges, microwaves, and dishwashers. The property is located in Canyon, Texas, at 11074 Verano Drive.

Key Highlights

  • Five‑unit apartment building with all five units leased
  • Each unit includes 2 bedrooms, 1 bathroom, and a 1‑car garage
  • 2026 year built; property condition listed as under construction

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Under-construction apartment property with leased units, private fenced yards, covered patios, and individual garages.
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‑unit apartment building with all five units leased; Each unit includes 2 bedrooms, 1 bathroom, and a 1‑car garage; 2026 year built; property condition listed as under construction
More about this property
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