2217 PEACH TREE Street, Amarillo, TX 79109
- Added:
- Jun 9, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 2217 PEACH TREE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 198687
- Size
- 3,038 SF
Taxes and HOA fees
- Tax Description
- WOLFLIN PARK # 5 LOTBLOCK 0069 S 65FT OF 29
Building Details
- Year built
- 1951
Listing agent Lesley Munsell (806) 353-2711
Listing office ERA Courtyard Real Estate 8801 Buccola Ave, Suite 200, Amarillo, TX (806) 353-2711
Listing date Jun 9, 2026
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
- 1951‑built home with 5 bedrooms and 4 bathrooms, offering multiple living spaces under one roof
- Property can be separated into two units with individual single‑car garages, living areas, kitchens, and yard space
- Front unit: 2 bedrooms and 1 bathroom with its own single‑car garage and yard space
- Back unit: 3 bedrooms and 3 bathrooms with its own single‑car garage and yard space
- Interior door between the two areas allows the layout to be used as one larger home for flexible living arrangements
Overview
The property is located in Amarillo, Texas, in Potter County. It is presented for sale.
This configuration can support a range of practical uses. For owners seeking rental income, the property’s two distinct living setups may simplify accommodating separate tenants or households. For owner-occupants, the ability to function as a larger single home or as two separate units offers flexibility for multi-generational living, shared housing scenarios, or mixed personal and rental arrangements. The on-site garages and yard space for each side are also useful for day-to-day independence between the front and back portions.
Local Financial Insights For Multifamily LT 5
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 | $34.6k | $11.40 |
| − Vacancy | −$1.9k | −$0.63 |
| EGI | $32.7k | $10.77 |
| − OpEx | −$9.8k | −$3.23 |
| NOI | $22.9k | $7.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.862181
- Latitude
- 35.188142
