5807 LAWRENCE Boulevard, Amarillo, TX 79106
- Added:
- Jun 27, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 7 at 11:06 am
Property Features for 5807 LAWRENCE Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
- Appliances
- Washer/Dryer, Refrigerator, Range, Microwave, Dishwasher
- Standard status
- Active Under Contract
- Size
- 1,647 SF
Taxes and HOA fees
- Tax Description
- U-ANCHOR SUB, LOT 004, BLK 0009
Building Details
- Year built
- 1951
- Number of units
- 2
- Roof type
- Composition
Listing agent Danyell Dyslin (806) 433-2067
Listing office Fathom Realty, LLC 5601 I-40 Suite 220, Amarillo, TX (806) 433-2067
Listing date Jun 27, 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
- Duplex built in 1951 with two 1‑bedroom, 1‑bath units
- Unit A is leased at $975/month through January 2027
- Unit B is vacant and move‑in ready
- Recent updates include mini‑split cooling systems and central heat
- New roof scheduled to be installed prior to closing; composition roof
- Appliances included: washer/dryer, refrigerator, range, microwave, and dishwasher
Overview
The property is located at 5807 LAWRENCE Boulevard in Amarillo, Texas (79106) in Potter County. The seller notes convenience to the medical district and to nearby shopping, dining, and everyday amenities.
For tenants, owner-occupants, or investors looking for flexibility, the configuration supports living in one unit while leasing the other. The presence of both central heat and mini-split cooling may help accommodate varying comfort needs across units. With one unit leased and the other available, the property can also support straightforward transition planning if you choose to occupy Unit B now and keep Unit A as an income stream.
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 | $18.8k | $11.40 |
| − Vacancy | −$1.0k | −$0.63 |
| EGI | $17.7k | $10.77 |
| − OpEx | −$5.3k | −$3.23 |
| NOI | $12.4k | $7.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.901006
- Latitude
- 35.194141
