3020 SW 27th Ave

Amarillo, TX 79109

$3,650,000
Price
—
Beds
—
Baths
9,600 Sq. Ft.
$380 / Sq. Ft.
9,600
Sq. Ft.
$380
per Sq. Ft.
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Description

Discover a lucrative investment opportunity at Patterson Place Apartments in SW Amarillo, Texas. This 55-unit multifamily property, featuring a mix of 1-bed/1-bath and 2-bed/1-bath units built in 1974, offers immediate upside potential with below-market rents ripe for increase. Strategically located near major amenities, including shopping, grocery stores, and restaurants, Patterson Place benefits from a prime SW Amarillo location, ensuring high tenant demand. Recent upgrades have demonstrated the...Discover a lucrative investment opportunity at Patterson Place Apartments in SW Amarillo, Texas. This 55-unit multifamily property, featuring a mix of 1-bed/1-bath and 2-bed/1-bath units built in 1974, offers immediate upside potential with below-market rents ripe for increase. Strategically located near major amenities, including shopping, grocery stores, and restaurants, Patterson Place benefits from a prime SW Amarillo location, ensuring high tenant demand. Recent upgrades have demonstrated the potential for rent growth, with achievable value-add opportunities. Amarillo's bright economic outlook, fueled by transformative projects like Fermi America's expansive 11-gigawatt AI data center, promises sustained population growth and increased housing demand.
  1. Listed by Kirk Chudej • TREC #0604402 • FIMC Commercial Realty

Property Details for 3020 Southwest 27th Avenue

Zoning Description
0200 - SW Amarillo in City Limits
LISTING UPDATED: 03/17/2026 09:27 AM

Property Details for 3020 Southwest 27th Avenue

StatusActive
MLS #26-1518
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultiFamily
Year Built1974
Lot Size-
CountyPotter County
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Location

Listing Courtesy of FIMC Commercial Realty
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Building Information for 3020 Southwest 27th Avenue

Stories-Residences-Year Built1974Building Size-Lot Size-

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$20,251 per month

30 year fixed, 6.46% Interest

Principal and Interest

$18,380

Property Taxes

$1,871

HOA Dues

$0

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Property Information for 3020 Southwest 27th Avenue

Summary
Location and General Information
  • City: Amarillo
  • County Or Parish: Potter
  • Directions: From Paramount turn East on SW 26th then Souht on Patterson property is on your left.
  • Latitude: 35.18449
  • Longitude: -101.871538
  • Postal Code: 79109
  • State Or Province: TX
Taxes and HOA
  • Tax Legal Description: LAWRENCE PARK ADDN # 6, BLK 0025, 5 EXC N 35FT PLUS ALL OF 6 AND 7
  • Parcel Number: 213915
  • Association Fee: $0
  • Taxes and Legal Information : City: Amarillo
  • Taxes and Legal Information : Legal2: LAWRENCE PARK ADDN # 6, BLK 0025, 5 EXC N 35FT PLUS ALL OF 6 AND 7
Property
Lot Information
  • Living Area Source: Appraisal District
  • Building Area Total: 9600.0
  • Source of Sq Ft: Appraisal District
Property and Assessments
  • Property Type Label: MultiFamily
  • Floor Plans Count: 0
  • Year Built: 1974
  • Property Information : To Be Auctioned: No
  • Property Information : Style2: Apt Bldg (7+ Units)
  • Property Information : Zone: 0200 - SW Amarillo in City Limits
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Veneer
  • Roof: Composition
  • Roof : Composition: Yes
Interior Features
  • Appliances : Cooktop: Yes
  • Appliances : Dishwasher: Yes
  • Appliances : Disposal: Yes
  • Appliances : Refrigerator: Yes
  • Property Details : Number of Stories: Two
  • Cooling: Yes
  • Cooling: Central Air
Room Information
Room Information
  • Total Bathrooms Source: MLS
Multi Family
Multi-Family Information
  • Number Of Units Total: 0

Property History for 3020 Southwest 27th Avenue

DateEvent & SourcePriceAppreciation
Feb 18, 2026

Listed (Active)

Amarillo Association of REALTORS #26-1518

$3,650,000—
Dec 15, 2014

Withdrawn

Amarillo Association of REALTORS #14-86554

$7,000—
Sep 27, 2014

Listed (Active)

Amarillo Association of REALTORS #14-86554

$7,000—
DateEvent & SourcePrice
02/18/2026

Listed (Active)

Amarillo Association of REALTORS #26-1518

$3,650,000
12/15/2014

Withdrawn

Amarillo Association of REALTORS #14-86554

$7,000
09/27/2014

Listed (Active)

Amarillo Association of REALTORS #14-86554

$7,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3020 Southwest 27th Avenue

Taxable ValueLand$179,685Additions$1,281,997Total$1,461,682
Tax Record2024$22,452 ($1,871 / month)
Home Facts
Total Finished SqFt9,600 SqFtAbove Grade Finished SqFt9,600 SqFtStories2Lot Size71,874 SqFtStyleMulti-Family Res (5+ Units)Year Built1974ZoningGRCountyPOTTERAPNR-044-4800-2940

Schools near 3020 Southwest 27th Avenue

This home is within Amarillo Independent School District.
Rating
School
Type
Grades
Distance
Carver Early Childhood Academy
Public - PK to 1
Coronado Elementary School
Public - PK to 5
Carver Elementary Academy
Public - 2 to 5
Austin Middle School
Public - 6 to 8
Rating
School
Distance
Carver Early Childhood Academy
PublicPK to 1

Coronado Elementary School
PublicPK to 5

Carver Elementary Academy
Public2 to 5

Austin Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3020 Southwest 27th Avenue, Amarillo, TX 79109

3020 Southwest 27th Avenue is a multi-family home for sale in Amarillo, TX 79109. This property was listed for sale on February 18, 2026 by FIMC Commercial Realty, it's currently listed at $3,650,000. This listing's school district is Amarillo Independent School District. Nearby schools include Carver Early Childhood Academy, Coronado Elementary School and Carver Elementary Academy. 3020 Southwest 27th Avenue is a 0-bed, 0-bath, 9,600 sqft multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FIMC Commercial Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.