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Days31Days on Market
Views1view

$199,000

11501 JOHNS WAY Boulevard, Amarillo, TX, 79118

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.76 acres

Land Information

APNR-200-1140-0065
Lot Number1
Land UseVacant Land
Legal DescriptionSECT 114 A B & M BLK 0002, IRREG 5.76 AC TR BEG 2639.12 FT W & 843.53 FT S OF NW COR OF LOT 1 BLK 2 RIVER FALLS # 38, 5.7600
Census Tract021702
Assessed Land Value$57,600
Assessment Year2025

About this property

Prime corner lot in River Falls! Build your dream home on this rare 5.76 acre tract located near the west entrance! River Falls is a unique and private fly-in community at the north end of Palo Duro Canyon with outstanding amenities that include golf, fishing, a 500-acre refuge, and Panhandle nature at its finest! Don't miss out on this prime opportunity to live, work, and play in River Falls!

Investor Tools

Property Icon
$57,600
Estimated Property Value
$0Estimated Mortgage Balance
$57,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Melissa Atchley

Myatt Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$766
$57,600
2025
$57,600
N/A
$57,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$766
$57,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$57,600
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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11501 JOHNS WAY Boulevard | Property Details | No Agent List