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Lake Tanglewood Land Opportunity
For Sale
$240,000

120 Caprock Lane, Amarillo, TX 79118

Land -40, Amarillo, TX

Property SizeContact for details
Lot Size4.12 Acres
Days on Market44

Property Features for 120 Caprock Lane

General Information

Property type Land
Property subtype Other
Zoning description 4000 - SE of Amarillo City Limits
Lot features Cul-de-sac
Directions Tanglewood Drive to Caprock Lane. The property is at the end of Caprock Lane.
Subdivision 4165 - Lake Tanglewood
Standard status Active
APN 142286 and 142493
Lot size 4.12 Acres

Taxes and HOA fees

Tax Description LAKE TANGLEWOOD, LOT 011, BLK 0045, 0.4400 ACRES & SECT 10 I & G N BLK 0006, IRREG TR LYING W OF LOT 1 BLK 46, 3.68 ACRE
HOA Fee $271 Monthly
Legal Description LAKE TANGLEWOOD, LOT 011, BLK 0045, 0.4400 ACRES & SECT 10 I & G N BLK 0006, IRREG TR LYING W OF LOT 1 BLK 46, 3.68 ACRE
Listing Agency: RockOne Realty, LLC
Listed By: Amarillo Team · License #9012340
Added: Jul 17 Changed: Aug 19 Last Checked: Aug 29 at 7:06PM
MLS# 26-1686

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 property offers a rare opportunity to own 4.12 acres within Lake Tanglewood, according to PRAD. The land features lake and canyon views. Located within a private community, residents have access to amenities including an 18-hole golf course and a library. A dedicated fire department serves the community. Residents can enjoy sunset boat rides and golf cart rides.

Key Highlights

  • 4.12 acre property in Lake Tanglewood.
  • Breathtaking lake and canyon views.
  • Access to exclusive community amenities.

Property Analytics

Current Use

Recreation land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 79118, TX

27,608
Population
11,116
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
159.4 sq mi
ZIP Area
173
Density / Sq Mi
$87,011
Median Household Income
$44,141
Median Earnings
$1,328
Median Rent
$224,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Recreation land - 4.12 acres in Lake Tanglewood with lake and canyon views.
Where is this recreation land located?
The property is located at 120 Caprock Lane Amarillo, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 4.12 acre property in Lake Tanglewood.; Breathtaking lake and canyon views.; Access to exclusive community amenities.
More about this property
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