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$44,900

0 Pioneer Lane, Amarillo, TX, 79118

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Here’s a unique chance to purchase three side-by-side lots on Pioneer Lane in Amarillo, Texas! Located just southeast of downtown Amarillo with fast access to I-27 and I-40, these parcels offer excellent development flexibility in a rapidly growing area. Each lot is ready for immediate use and offers something slightly different. Lot 10 measures 0.55 acres with road frontage and plenty of space for a well-sized home or additional outdoor improvements. Lot 11, also 0.55 acres, sits in between and could work well as the center point for a larger project or standalone home. Lot 12 is a 0.51-acre corner lot, which allows for more flexible building placement & access from multiple sides. Zoned MH (Manufactured Home District), these lots allow for a variety of build types including single-family homes, modular, manufactured, mobile, & tiny homes. All three lots feature level terrain & require no clearing or grading, and all are outside any flood zone or wetland areas, making development straightforward. City water & sewer service are available, with electricity at the lot line. The property is accessed via a dirt road, providing a peaceful setting just minutes from Amarillo’s commercial corridors. Nearby landmarks include Palo Duro Canyon State Park (approx. 25 mi southeast), Wonderland Amusement Park, and the Panhandle-Plains Historical Museum in Canyon, TX. These lots offer a great blend of build versatility, infrastructure access, 7 convenient proximity to regional highlights. The area is steadily growing, making this a smart choice for either short-term use or long-term investment. These are 3 lots with different parcel numbers being sold as a total of 1.61-acre package. Buying all three gives you flexibility to create a larger homestead, develop multiple units, or hold extra land as the area continues to grow. Whether you’re ready to build or looking for a smart land investment in Amarillo, these lots are ready when you are. Opportunities like this don’t last long!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Amarillo

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0 Pioneer Lane | Property Details | No Agent List