For Sale
$106,000

224 A Old SmelterAmarillo, TX 79119

106 Acres, Owner Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents 106.7 acres of commercial land situated off Old Smelter Road in Amarillo, Texas, zip code 79119. The property, identified as SECT 224 A Old Smelter, is designated as special purpose land and offers significant potential for various commercial developments. Currently, there are no existing buildings or units on the site. The asking price for this expansive tract is $106,000. A compelling feature of this offering is the seller's willingness to provide owner financing. The proposed terms include a 10% down payment and a fixed interest rate of 12% over a 30-year amortization period. This attractive financing option makes this property accessible to a wider range of investors. The property's location in Potter County, Texas, offers convenient access to Amarillo's infrastructure and amenities. Prospective buyers should conduct their own due diligence to assess the suitability of this land for their specific commercial development plans. The combined acreage with parcels 24-1282 and 24-1745 (if acquired) significantly increases the overall development potential. This is a rare opportunity to acquire a substantial land parcel in a growing Texas market with flexible financing options.

Highlights

  • $106,000 asking price.
  • Special purpose land property.
  • 106.7 acres.
  • Located off Old Smelter Rd, Amarillo, TX.
  • Owner financing available (10% down, 12% interest, 30-year fixed).
  • Potentially combinable with parcels 24-1282 and 24-1745.

Property Details for 224 A Old Smelter

Property type
Specialty properties, Land

Location Insight

City
Amarillo
County
Potter
State
Texas
Latitude
35.120627
Longitude
-102.0032957
224 A Old Smelter, Amarillo, Texas

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224 A Old Smelter
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