Amarillo, TX Residential Income Properties for Sale

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40 properties

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Updated: Jul 8

Occupied Mobile Home & RV Park

10507 BROADWAY Drive, Amarillo, TX 79108

$459,000

728 sqft 2.00 AC lot

100% occupied mobile home and RV park on 2 acres
Six park‑owned 2 bdm homes and 3 RV spaces
Two wells and 4 septic tanks serve the property
Community storm shelter, covered parking, and designated parking
Storage buildings and well houses provide additional on‑site improvements

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Updated: Sep 5

Leased Duplex with Detached Garage

2717 CURTIS Drive, Amarillo, TX 79109

$229,900

1,929 sqft

1,929‑square‑foot duplex with two residential units
Unit mix includes a 3‑bedroom, 2‑bath residence and a 2‑bedroom, 1‑bath residence
Both units are fully leased
Detached garage included
Central air conditioning

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Updated Quadplex with Fenced Yard

1000 SW 11th Avenue, Amarillo, TX 79101

$410,000

4,240 sqft

Four-unit income property with separate utility meters, a fenced yard, and a vacant residence for flexible occupancy.

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20-Unit Townhome Apartment Property

4500 S Virginia Street, Amarillo, TX 79109

$2,200,000

1,039 sqft

Two-story units offer private courtyards, individual utility metering, covered parking, storage, fireplaces, and central heat and air.

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Triplex With Occupied Units

1614 S Hayden Street, Amarillo, TX 79102

$235,000

1,372 sqft

Three separate apartments are occupied under month-to-month leases.

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Occupied Duplex Property

1104 S WESTERN Street, Amarillo, TX 79106

$165,000

320 sqft

Two-bedroom, two-bath duplex with current occupancy and an established construction date.

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Historic Amarillo Commercial Investment Opportunity

907 S Madison Street, Amarillo, TX 79101

$350,000

1,384 sqft 0.38 AC lot

Unique commercial property with rental income potential in Amarillo, Texas.

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Triplex with Vacant Land

10101 S Western, Amarillo, TX 79118

$700,000

1,582 sqft 5.57 AC lot

Three separately rented homes with more than half the acreage vacant.

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4-Unit Multifamily Property

404 N LINCOLN Street, Amarillo, TX 79107

$110,000

3,226 sqft 0.19 AC lot

Interior reconstruction remains, while new siding and windows provide a completed exterior update.

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Brick Fourplex

1321 Evergreen Street, Amarillo, TX 79107

$235,000

2,697 sqft 0.28 AC lot

Fully occupied income property with updated windows, doors, and water heaters.

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Triplex with Mixed Unit Layout

106 Northeast 11th Avenue, Amarillo, TX 79107

$135,000

1,320 sqft

Three-unit residential income property with a combination of one- and two-bedroom floor plans.

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Remodeled Fourplex

701 SW 15TH Avenue, Amarillo, TX 79101

$425,000

3,696 sqft

Income-producing residential property with updated finishes in three units and a balcony.

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Triplex with New Building Systems

106 NE 11th Avenue, Amarillo, TX 79107

$135,000

1,320 sqft

Three-unit residential income property with a mixed one-bedroom and two-bedroom configuration.

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Duplex With Additional Back House

1104 South Western Street, Amarillo, TX 79106

$165,000

320 sqft

Occupied duplex with a separate back house requiring completion before it can be rented.

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Remodeled Duplex with Two Homes

1408 SW 12th Avenue, Amarillo, TX 79102

$239,900

1,770 sqft 0.04 AC lot

Two separate residences offer updated interiors, individual utilities, and existing occupancy.

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Gutted Duplex Property

1606 S LINCOLN Street, Amarillo, TX 79102

$59,900

1,230 sqft

Two-unit residential property offered in existing condition for renovation and customization.

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Renovated Mobile Home Community

6503 E Amarillo Blvd, Amarillo, TX 79107

$9,250,000

35.66 AC lot

151-site community with multiple occupancy categories, apartments, management quarters, and expansion land.

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Remodeled Duplex with Two Units

403 N FLORIDA Street, Amarillo, TX 79106

$89,000

825 sqft 0.16 AC lot

Two compact residential units offer separate one-bedroom, one-bath layouts within a remodeled duplex.

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Duplex Renovation Property

1606 S Lincoln Street, Amarillo, TX 79102

$59,900

1,230 sqft

The interior has been stripped, leaving a two-unit residential property ready for a complete renovation.

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Residential Income Multi-Family Property

1619 S Madison Street, Amarillo, TX 79102

$199,000

1,260 sqft

Move-in ready 3-bedroom home plus an income-producing duplex with two 1-bedroom, 1-bath units.

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20-Unit Apartment Complex with Laundry

709 N Mirror St, Amarillo, TX 79107

Contact for pricing

14,000 sqft

Five residential buildings accompany a detached commercial laundry facility under MF-1 zoning.

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Multifamily Duplex Property

2718 DUNCAN Drive, Amarillo, TX 79109

$2,300,000

Most residences feature refreshed interiors, with washer and dryer connections available in select units.

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Remodeled Duplex With Rental Units

1408 Southwest 12th Avenue, Amarillo, TX 79102

$239,900

1,770 sqft

Two updated homes provide separate living spaces with split utilities and current rental occupancy.

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6-Unit Apartment Building with Garages

10524 Tierra Santa Drive, Amarillo, TX 79119

$1,180,000

5,982 sqft 1.02 AC lot

Under-construction multifamily property with matching layouts, private outdoor areas, and modern appliance packages.

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Amarillo, TX Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Amarillo, TX, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 191,384 square feet of properties for sale, with an estimated market value of $32,961,500.

Sale prices for residential income properties in Amarillo, TX start at $59,900, averaging $915,597, and reaching up to $9,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 236K

Population Growth (5Y) +2.2%

Median Household Income $66,978

College Educated 14.6%

High-Yield Neighborhoods for Investment

Identify Amarillo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
79102	$172.3K
79101	$412K
79108	$459K
79110	$726.6K
79118	$799.7K

Taxes & Financing

Tax Rate (average for all types) 1.60%

Property Tax per SF $29.72 per SF

Tax Rate vs County Average 0.03 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Amarillo fall within the 100,000+ square foot range.

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