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20480200
20480199

4219 SW 38th Ave, Amarillo, TX 79109

LH
TX TX0511255
Team West Realty Inc
Listed by Team West Realty Inc
$1,950,000
589 days on market
Updated 58 days ago

Selling 14 Homes - Amarillo Awarded AI Hypergrid

Details
Property Type Business for Sale, Land (+3)
Sub Type Residential, Single Family Rental Portfolio
Square Footage 18,791
Units 14
Cap Rate 7.03%
NOI $137,000
Occupancy 85.71%
Price per SqFt $90
Buildings 14
Investment Type Owner/User
Ownership Land Owned
Sale Condition For sale by owner

14-Home Portfolio in High-Growth Amarillo Market

Marketing description

Turnkey SFR Portfolio | 14 Homes |As-Is | Strong Cash Flow Opportunity

Now available: a rare opportunity to acquire 14 single-family rental homes in the high-growth Texas Panhandle market.
11 homes located in Amarillo
3 homes in Clarendon
12 homes currently leased – steady cash flow
2 homes vacant – ready for lease-up or light value-add
Total tax-assessed value: $1,719,466
Asking price: $1.7M for all 14 homes (portfolio sale only).

📍 Location Advantage:
Amarillo has recently been awarded the $500 Billion AI Hypergrid project near Pantex, projected to bring massive infrastructure expansion, thousands of high-income jobs, and long-term housing demand. With a high rental occupancy rate and limited inventory, Amarillo is rapidly emerging as a Tier-2 investment hotspot.

I am a broker and owner!

PLEASE NOTE THAT I AM ALSO ACTIVELY SELLING THESE PROPERTIES. SO PLEASE DISREGARD ANY DISCREPANCIES, I NOW HAVE 14 HOMES REMAINING AS OF 7/29/25!

Investment highlights

Investor Highlights:

  • Immediate rental income with upside

  • Priced below tax roll value

  • Mix of stabilized and vacant homes

  • Desirable for long-term hold, 1031 exchange, or short-term redevelopment play

  • 9 of the homes have just been appraised.

📝 Serious inquiries only. Property addresses and rent rolls available upon signing NDA.

Listing Contacts

LH
TX TX0511255
Team West Realty Inc
Listed by Team West Realty Inc

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$137,000.00
$11,416.67/mo

Valuation Metrics

0
DSCR
7.03%
Cap Rate
7.03%
ROI

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Additional Information

Name
LOUIS HOMEN
License
TX0511255
Brokerage
Team West Realty, Inc.
Title
Real Estate Broker/Developer
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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