Zoned Commercial-Residential
1611 S Van Buren Street Amarillo, TX 79102
New
1611 S Van Buren Street, Amarillo, TX, 79102
$465,499
For Sale
$465,499
COMMERCIAL - Amarillo, TX
Property Size3,259 SF
Price / SF$142.83
Days on Market2
Property Features for 1611 S Van Buren Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage, Covered, Parking Lot
- Standard status
- Active
- APN
- 161080
- Size
- 3,259 SF
Taxes and HOA fees
- Tax Description
- PLEMONS, BLK 0224, N/2 OF 17 AND ALL OF 18
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1913
- Building materials
- Stucco
Listing Agency
Reside Real Estate
(940) 328-3123
6901 Quaker Ave, Ste 100, Lubbock, TX
Listed by
Charli Rae Gause
(806) 370-0282
Added: Jul 17 Checked: Jul 18 at 11:06 am
MLS# 26-5564
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 preserved Craftsman home offers character and functional space, featuring original woodwork, exposed brick, built-ins, and hardwood floors. The layout includes five bedrooms and two and a half baths, along with spacious living areas and a cozy side porch. Additional interior features include an office, and there is also an upstairs balcony.
Per the seller, the property is zoned for both commercial and residential use. Outdoors, mature landscaping supports additional conveniences including a dog run, RV/boat parking, a tall privacy fence, and a motorized driveway gate.
Overall, the home’s mix of preserved architectural details, flexible interior space, and on-site parking/access features make it well-suited for buyers evaluating a property with commercial and residential zoning.
Per the seller, the property is zoned for both commercial and residential use. Outdoors, mature landscaping supports additional conveniences including a dog run, RV/boat parking, a tall privacy fence, and a motorized driveway gate.
Overall, the home’s mix of preserved architectural details, flexible interior space, and on-site parking/access features make it well-suited for buyers evaluating a property with commercial and residential zoning.
Key Highlights
- 1913 Craftsman home in Amarillo’s historic Plemons neighborhood on a tree‑lined bricked street
- 5 bedrooms and 2.5 bathrooms with original woodwork, exposed brick, built‑ins, and hardwood floors
- Central air cooling; stucco construction; garage plus covered parking and parking lot
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $12.72 |
| − Vacancy | −$2.2k | −$0.66 |
| EGI | $39.3k | $12.06 |
| − OpEx | −$17.7k | −$5.43 |
| NOI | $21.6k | $6.63 |
3,259 SF · lease $12.72/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$308.8K
$270.2K – $360.2K
NOI $21,614 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$727.6K
$636.7K – $848.9K
NOI $50,934 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Preserved Craftsman residence with original woodwork, exposed brick, and space for office use, zoned commercial & residential.
Where is this single family property located?
The property is located at 1611 S Van Buren Street Amarillo, TX.
What is the asking price?
The asking price for this property is $465,499.
What are key features of this property?
This property features: 1913 Craftsman home in Amarillo’s historic Plemons neighborhood on a tree‑lined bricked street; 5 bedrooms and 2.5 bathrooms with original woodwork, exposed brick, built‑ins, and hardwood floors; Central air cooling; stucco construction; garage plus covered parking and parking lot
