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    Amarillo Home on Acre Lot Title is generated by Realmo AI

    19101 Buck Springs Road, Amarillo, TX 79119

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    For Sale
    $443,900

    MULTI_FAMILY - Amarillo, TX

    Property size:
    2,046 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $216/SF
    Added:
    May 8, 2026
    Days on Market:
    14
    Last Refresh:
    May 21 at 3:06 pm

    Property Features for 19101 Buck Springs Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Dining Room
    Parking features
    Open, RV
    Interior features
    Living Areas, Dining Room - Kit Cm, Pantry
    Exterior features
    Brick
    Fireplace
    1
    Appliances
    Disposal, Range, Microwave, Dishwasher
    Standard status
    Active
    Size
    2,046 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    SKYLINE RANCHES # 1, LOT 003, BLK 0001, 1.1200 ACRES

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Zoned, Heat Pump (Heating), Central, Electric (Heating)
    Cooling system
    Zoned, Central Air, Electric, Heat Pump
    Water source
    Well

    Building Details

    Year built
    2026
    Floors in Building
    1
    Building materials
    Wood Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Stephanie Lemons

    Listing agent Stephanie Lemons

    Listing office EXP Realty, LLC 9600 Great Hills Trail Ste 150W, Austin, TX

    Listing date May 8, 2026

    MLS# 26-3553 Listing URL

    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.

    HighLights

    • 1‑acre corner lot offers ample space and privacy.
    • Isolated master suite with oversized closet and direct utility access provides convenience and luxury.
    • Energy‑efficient spray foam insulation lowers utility costs.
    • Custom cabinets and spacious kitchen with island seating create a desirable culinary space.
    • GE appliance package offers modern convenience.
    • Jeld‑Wen windows (black exterior/white interior) provide style and performance.

    Overview

    This home, situated on a 1-acre corner lot, features 4 bedrooms, 2 full baths, and a 2-car garage. The exterior combines brick and stone, enhanced by spray foam insulation for energy efficiency. The interior includes custom cabinets and a spacious kitchen with island seating, along with a GE appliance package. The isolated master suite offers an oversized closet with direct utility access. Jeld-Wen windows, featuring a black exterior and white interior, provide both style and performance. A sliding door allows easy access to the patio. Additional outdoor features include a smart pump system, Bermuda sod, and a full irrigation system. The property is located in Amarillo, TX, with a postal code of 79119, situated in Randall County.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -102.046
    Latitude
    35.0767

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    FAQs

    What type of property is this?
    Single family property - Well-designed home with modern amenities on a spacious corner lot.
    Where is this single family property located?
    The property is located at 19101 Buck Springs Road Amarillo, TX.
    What is the asking price?
    The asking price for this property is $443,900.
    What are key features of this property?
    This property features: 1‑acre corner lot offers ample space and privacy.; Isolated master suite with oversized closet and direct utility access provides convenience and luxury.; Energy‑efficient spray foam insulation lowers utility costs.
    (888) 519-7431
    We can help!
    Listing Contact
    Stephanie Lemons
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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