Duplex With Detached
New
For Sale
$99,000
411 S Florida Street, Amarillo, TX 79106
MultiFamily, Amarillo, TX
Property Size1,056 SF
Price / SF$93.75
Days on Market3
Property Features for 411 S Florida Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Bedrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Directions
5th Ave to Florida St. Duplex is on the corner of 5th and Florida
Subdivision
0111 - San Jacinto
Standard status
Active
APN
170622
Size
1,056 SF
Taxes and HOA fees
Tax Description
SAN JACINTO HEIGHTS, BLK 0048, W 74.25FT OF 12
Legal Description
SAN JACINTO HEIGHTS, BLK 0048, W 74.25FT OF 12
Utilities
Cooling system
Central Air, Electric
Building Details
Year built
1927
Number of units
2
Building materials
Siding
Roof type
Composition
Listing Agency:
Keller Williams Realty Amarillo
(806) 359-4000
Listed By:
Zoey Shepherd
(806) 443-5441
Added: Oct 20
Last Checked: Oct 22 at 6:06PM
MLS# 26-8285
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.
This 1,056-square-foot duplex dates to 1927 and contains two residences, each arranged with one bedroom and one bathroom. Unit A has a fenced backyard, while Unit B has access to a separate two-car garage. The building features siding, a composition roof, and central electric air conditioning.
Key Highlights
- 1,056‑square‑foot duplex built in 1927
- Two units, each with one bedroom and one bathroom
- Detached two‑car garage accessible to Unit B
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,963
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,260
$159.3K
Cap Rate 7%
$113,757
$113.8K
Cap Rate 9%
$88,478
$88.5K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$12.0K $11.40/SF
− Vacancy
−$662 −$0.63/SF
EGI
$11.4K $10.77/SF
− OpEx
−$3.4K −$3.23/SF
NOI
$8.0K $7.54/SF
Area
Amarillo, TX
Vacancy
5.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,260
Cap Rate 7%
$113,757
Cap Rate 9%
$88,478
Alternative Uses
Best Use
Multifamily LT 5
$113.8K
$99.5K – $132.7K
NOI $7,963 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$100.1K
$87.6K – $116.7K
NOI $7,004 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$235.8K
$206.3K – $275.1K
NOI $16,504 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer one bedroom and one bathroom, with a private fenced yard serving Unit A.
Where is this duplex located?
The property is located at 411 S Florida Street Amarillo, TX.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 1,056‑square‑foot duplex built in 1927; Two units, each with one bedroom and one bathroom; Detached two‑car garage accessible to Unit B
