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5-Unit Apartment Building
For Sale
$893,300

11074 VERANO Drive, Canyon, TX 79015

MultiFamily, Canyon, TX

Property SizeContact for details
Days on Market38

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

Additional Details

Tenant in Place Yes

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 with 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
Added: Sep 22 Changed: Oct 27 Last Checked: Oct 29 at 4:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This five-unit apartment property is under construction, with each residence planned as a two-bedroom, one-bathroom layout. Every unit includes a one-car garage, a private fenced yard, and a covered patio with an attached storage room. Kitchen appliances, including refrigerators, are included; the listed appliances also comprise ranges, microwaves, and dishwashers.

All five units are leased. The property is located in Canyon, Texas, and has a 2026 year built designation.

Key Highlights

  • Five apartment units, all leased
  • Each unit has 2 bedrooms and 1 bathroom
  • One‑car garage provided with each residence

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All five residences are leased and include garages and 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, all leased; Each unit has 2 bedrooms and 1 bathroom; One‑car garage provided with each residence
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