Renovated
7612 RIVER Road, Amarillo, TX 79108
For Sale
New
$275,000
MultiFamily, Amarillo, TX
Property Size1,920 SF
Price / SF$143.23
Days on Market2
Property Features for 7612 RIVER Road
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Appliances
Directions
Subdivision
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Cooling system
Amenities
washer/dryer hookups
Building Details
Year built
Number of units
Buildings
Listing Agency:
Moreland Real Estate Group
(806) 318-1444
Listed By:
Jordan Gilley · License TX #0679045
(806) 341-0873
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 26-8897
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 1,920-square-foot duplex, built in 1983, contains two units, each arranged with two bedrooms and one bathroom. Renovation work included plumbing, electrical systems, flooring, kitchens, and appliances. Both residences have washer and dryer hookups, with a range and dishwasher provided in each unit.
The property is in Amarillo, with access to Highway 287 and the Loop. Cooling is electric and central.
The property is in Amarillo, with access to Highway 287 and the Loop. Cooling is electric and central.
Key Highlights
- 1,920‑square‑foot duplex with two 2‑bedroom, 1‑bathroom units
- Renovation included plumbing, electrical systems, flooring, kitchens and appliances
- Washer and dryer hookups in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,479
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,580
$289.6K
Cap Rate 7%
$206,843
$206.8K
Cap Rate 9%
$160,878
$160.9K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$21.9K $11.40/SF
− Vacancy
−$1.2K −$0.63/SF
EGI
$20.7K $10.77/SF
− OpEx
−$6.2K −$3.23/SF
NOI
$14.5K $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%
$289,580
Cap Rate 7%
$206,843
Cap Rate 9%
$160,878
Alternative Uses
Best Use
Multifamily LT 5
$206.8K
$181.0K – $241.3K
NOI $14,479 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$181.9K
$159.2K – $212.2K
NOI $12,734 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$428.7K
$375.1K – $500.1K
NOI $30,007 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 79108, TX
12,117
Population
5,079
Households
2.4
Avg Household Size
41
Median Age
14%
College-Educated
85%
High-School Grad
183.5 sq mi
ZIP Area
66
Density / Sq Mi
$63,383
Median Household Income
$35,746
Median Earnings
$1,035
Median Rent
$150,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Amarillo, TX
Properties on Market for Duplexes in Amarillo
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences include laundry hookups and updated kitchens.
Where is this duplex located?
The property is located at 7612 RIVER Road Amarillo, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,920‑square‑foot duplex with two 2‑bedroom, 1‑bathroom units; Renovation included plumbing, electrical systems, flooring, kitchens and appliances; Washer and dryer hookups in each unit
