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54-Unit Apartment Building
For Sale
$2,800,000

120 S RUSSELL Street, Pampa, TX 79065

MultiFamily, Pampa, TX

Property Size34,257 SF
Price / SF$81.74
Days on Market61

Property Features for 120 S RUSSELL Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 7000 - All areas in the 7000's
Appliances Refrigerator, Oven
Directions On the corner of S Frost and E Foster in Pampa TX.
Subdivision 7220 - Pampa
Standard status Active
Size 34,257 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description TR A ORIGINAL TOWNRESERVE
Legal Description TR A ORIGINAL TOWNRESERVE

Building Details

Year built 1928
Listing Agency: Pace Realty Group
Listed By: Jarec Pace
Added: Aug 29 Changed: Oct 27 Last Checked: Oct 28 at 6:06PM
MLS# 26-6934

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.

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Investment Insights

Based on property information with market context.

Schneider House is a 54-unit apartment property containing 34,257 square feet. Built in 1928, the building includes refrigerators and ovens. Occupancy is 88%.

Located in Pampa, the property is on S Russell Street. The resident base is described as long-tenured.

Key Highlights

  • 54 apartment units
  • 34,257 square feet
  • Built in 1928

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

54
Residential units
88%
Occupancy

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby

Demographics for 79065, TX

19,750
Population
9,114
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
506.5 sq mi
ZIP Area
39
Density / Sq Mi
$55,940
Median Household Income
$35,061
Median Earnings
$897
Median Rent
$105,400
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

Frequently Asked Questions

What type of property is this?
Apartment building - A historic multifamily property with on-site refrigerators and ovens in Pampa.
Where is this apartment building located?
The property is located at 120 S RUSSELL Street Pampa, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 54 apartment units; 34,257 square feet; Built in 1928
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