Duplex Portfolio with Four
For Sale
$510,000
5305& 5301 RAINDROP Lane, Amarillo, TX 79110
MULTI_FAMILY - Amarillo, TX
Days on Market54
Property Features for 5305& 5301 RAINDROP Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
0400 - SE Amarillo in City Limits
Appliances
Range, Dishwasher
Directions
South Georgia to Raindrop.
Subdivision
0420 - South Georgia
Standard status
Active
Taxes and HOA fees
Tax Description
Call for Legals, too lengthy to fit here
Legal Description
Call for Legals, too lengthy to fit here
Utilities
Cooling system
Central Air
Building Details
Year built
1979
Building materials
Brick Veneer
Roof type
Composition
Listing Agency:
Addresses of Amarillo, REALTORS(R)
(806) 350-7856
Listed By:
Mary Kay Riley · License #0443417
(806) 355-9806
Added: Jun 8
Last Checked: Jul 31 at 6:06AM
MLS# 26-4664
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.
The property consists of two duplex buildings located at 5301 and 5305 Raindrop Lane, combining for a total of four residential doors. It is presented as a residential income property for buyers seeking a small, manageable multi-unit configuration.
Both duplexes are located within the Shores Homeowners Association. Membership provides access to shared community amenities, including walkways and a swimming pool. Unit 5307 is referenced as available for viewing only, and no disruption of tenants is requested.
For investors or owner-operators looking for a compact multi-family setup, the four-door structure offers straightforward portfolio scale. Prospective buyers can evaluate the on-site configuration and finishes through scheduled viewing of the available unit(s), with attention to tenant occupancy. The HOA setting adds a shared amenities component through walkways and a swimming pool, which may be a factor for prospective residents within the community.
Both duplexes are located within the Shores Homeowners Association. Membership provides access to shared community amenities, including walkways and a swimming pool. Unit 5307 is referenced as available for viewing only, and no disruption of tenants is requested.
For investors or owner-operators looking for a compact multi-family setup, the four-door structure offers straightforward portfolio scale. Prospective buyers can evaluate the on-site configuration and finishes through scheduled viewing of the available unit(s), with attention to tenant occupancy. The HOA setting adds a shared amenities component through walkways and a swimming pool, which may be a factor for prospective residents within the community.
Key Highlights
- Two duplexes: 5301 and 5305 Raindrop Lane for a total of 4 doors
- Central air and brick veneer construction
- Built in 1979
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Explore this area
Business Placement
Demographics for 79110, TX
18,285
Population
7,760
Households
2.4
Avg Household Size
35
Median Age
15%
College-Educated
91%
High-School Grad
5.4 sq mi
ZIP Area
3,386
Density / Sq Mi
$65,896
Median Household Income
$39,833
Median Earnings
$1,173
Median Rent
$153,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two duplex properties total four doors, with HOA access to walkways and a swimming pool.
Where is this duplex located?
The property is located at 5305& 5301 RAINDROP Lane Amarillo, TX.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two duplexes: 5301 and 5305 Raindrop Lane for a total of 4 doors; Central air and brick veneer construction; Built in 1979
