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    2501 Rainmaker Ln Amarillo, TX 79124

    For Sale
    $150,000

    Prime Amarillo land, build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.05-acre lot in the exclusive, gated Tascocita Hills subdivision presents a unique opportunity to build a custom home in Amarillo, Texas. Located just six minutes from the hospital district, this property offers the tranquility of country living while remaining conveniently close to city amenities. Situated outside city limits in Potter County, the lot boasts beautiful natural rolling hills and is part of a 34-lot development. Essential utilities, including electricity, gas, and fiber optic internet, are readily available. The property is within the Bushland School District and features a homeowner's association. While offering the peace of a gated community, the lot also provides the flexibility to potentially include shops at the rear of the residence. Please note that a well and septic system will be required. The asking price is $150,000, reflecting a land value of $150,000 per acre. Deed restrictions are in place. The address is 2501 Rainmaker Ln, Amarillo, TX 79124. Lot 13, Block 1, 8451 Augusta Ave. is already sold.

    Property Features for 2501 Rainmaker Ln

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Exclusive country setting.
    • Rural location, outside city limits.
    • Bushland ISD.
    • Gated community with HOA.
    • Lots of 1+ acres.
    • Well and septic required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.93795092
    Latitude
    35.2364208

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    FAQs

    What type of property is this?
    Land - Prime Amarillo land, build your dream home.
    Where is this land located?
    The property is located at 2501 Rainmaker Ln Amarillo, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Exclusive country setting.; Rural location, outside city limits.; Bushland ISD.
    (806) 736-8235
    Request Owner's contact information
    2501 Rainmaker Ln Amarillo, TX 79124
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2501 Rainmaker Ln Amarillo, TX 79124
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