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Days64Days on Market
Views2view

$400,000

907 S Madison Street, Amarillo, TX, 79101

On MarketInfo
CommercialInfo
Baths1,384 Sq Ft
price_per_sqft$289.02 / sqft
Year BuiltBuilt in 1903

Highlights

Interior

Heating Floor/WallHeating Floor/Wall
FlooringWood

Exterior

Lot Size8,276 sqft

Building Information

Year Built1903
Stories1
Roof Type105

Land Information

APNR-065-1000-2172
Lot Number7
SubdivisionPlemons
Land UseCommercial
Legal DescriptionPLEMONS, LOT 007, BLK 0126
Census Tract015400
Assessed Land Value$8,400
Assessed Improvement Value$49,395
Assessment Year2025

About this property

WOW! Incredible Investment Opportunity to Own a piece of Amarillo History that started over 54 years ago - The Music Box! This Fabulous historic building is ready for you to turn it into your own Dream Business! Plus additional INCOME from the Sweet Rental 1/1 Home on 905 S. Madison and room to add another rental! New roof, new fence! Sale includes 905 and 907 S Madison. Call TODAY for your appointment to check out this AMAZING OPPORTUNITY!

Investor Tools

$0Estimated Mortgage Balance
$57,795Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Sabre Cofer

EXP Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,183
$57,795
2025
$8,400
$49,395
$57,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,183
$57,795

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$57,795
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.

Explore Texas Explore This Area
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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907 S Madison Street | Property Details | No Agent List