509 S Virginia St, Amarillo, TX 79106 – Commercial Improved Land

CommercialYear Built 1949Total Assessed Value $17,490County Potter

Property Details

The Commercial property 509 S Virginia St, Amarillo, TX 79106 is located in Potter County. The specific property type is Commercial Improved Land. The total assessed value of this property is $17,490.

The gross building area is 2,514 square feet and the land area is 3,500 square feet for this Commercial Improved Land built in 1949.

Legal description: City/Muni/Twp:City Of Amarillo San Jacinto Heights Lotblock 0036 W 70Ft Of 11 Map Ref:Map L11

$17,490

Market Value

N/A

Cap Rate

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area2,514

Land Size3,500

Land Value$4,375

Improved Value$13,115

Total Assessed Value$17,490

Year Built1949

County NamePotter

Account NumberR-069-1000-1459

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingFloor or wall

Type ConstructionOther

No of Stories1

Total Rooms1

Exterior WallsMetal

Lot Depth (ft)50

Lot Frontage (ft)70

Sales History

4/11/2023

Arms-lengthNot Disclosed

Buyer

Tripp Jason J

Seller

P W Tripp Revocable Trust

Book Number

2023.6235

Recording Date

4/11/2023

Transaction Details

Tripp Jason J acquired the property from P W Tripp Revocable Trust through a Arms-length transaction on 4/11/2023 for .

4/11/2023

Arms-lengthNot Disclosed

Buyer

Circlet 1927 Llc

Seller

Tripp Jason J

Book Number

2023.6236

Recording Date

4/11/2023

Transaction Details

Circlet 1927 Llc acquired the property from Tripp Jason J through a Arms-length transaction on 4/11/2023 for .

4/10/2023

In-houseNot Disclosed

Buyer

P W Tripp Revocable Trust

Seller

Bouyea Robert G

Book Number

2023.6602

Recording Date

4/10/2023

Transaction Details

P W Tripp Revocable Trust acquired the property from Bouyea Robert G through a In-house transaction on 4/10/2023 for .

9/9/2008

Arms-lengthNot Disclosed

Buyer

P W Tripp Revocable Trust

Seller

Bouyea Robert G

Book Number

2008.1135556

Recording Date

9/9/2008

Transaction Details

P W Tripp Revocable Trust acquired the property from Bouyea Robert G through a Arms-length transaction on 9/9/2008 for .

Property constructed in 1949

YSale Price (USD) byXSales Year

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2024	$4,375	$13,115	$17,490	$17,490	Circle T 1927 Llc	-	City/Muni/Twp:City O...	90730.00	San Jacinto Heights	3,500	2,514
2023	$4,375	$12,731	$17,106	$17,106	Circle T 1927 Llc	-	CITY/MUNI/TWP:CITY O...	99900.01	SAN JACINTO HEIGHTS	3,500	2,514
2022	$4,375	$12,444	$16,819	$16,819	Tripp P W Trust	-	CITY/MUNI/TWP:CITY O...	99900.01	SAN JACINTO HEIGHTS	3,500	2,514
2021	$4,375	$8,636	$13,011	$13,011	Tripp P W Trust	6040 W Interstate 40	SAN JACINTO HEIGHTS ...	-	SAN JACINTO HEIGHTS	3,500	2,514
2019	$4,375	$8,636	$13,011	$13,011	Tripp P W Trust	6040 W Interstate 40...	SAN JACINTO HEIGHTS ...	-	SAN JACINTO HEIGHTS	3,500	-
2018	$4,375	$8,636	$13,011	$13,011	Tripp P W Trust	6040 W Interstate 40...	SAN JACINTO HEIGHTS ...	-	SAN JACINTO HEIGHTS	3,500	-
2017	$4,375	$8,636	$13,011	$13,011	Tripp P W Trust	6040 W Interstate 40...	SAN JACINTO HEIGHTS ...	-	SAN JACINTO HEIGHTS	3,500	-
2016	$4,375	$8,636	$13,011	$13,011	Tripp P W Trust	6040 W Interstate 40...	SAN JACINTO HEIGHTS ...	-	SAN JACINTO HEIGHTS	3,500	-
2015	$4,375	$8,636	$13,011	$13,011	Tripp P W Trust	6040 W Interstate 40...	SAN JACINTO HEIGHTS ...	-	SAN JACINTO HEIGHTS	3,500	-
2014	$3,500	$8,636	$12,136	$12,136	Tripp P W Trust	6040 W Interstate 40...	SAN JACINTO HEIGHTS ...	-	SAN JACINTO HEIGHTS	3,500	-

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	509 S Virginia St, Amarillo, TX 79106	—	-	3,500	1949	2,514	$ 17,490	$ 4,375	-
Prosperity Bank	317 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	4,200	0	-	$ 6,375	$ 4,356	-
Prosperity Bank	313 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	4,200	0	-	$ 6,750	$ 4,356	-
Prosperity Bank	303 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	8,400	0	-	$ 13,346	$ 8,276	-
Guaranty Bank	1701 S Avondale St, Amarillo, TX 79106	07/17/2025	$ 25,000,000	34,979	1961	10,032	$ 227,149	$ 78,408	Ryffel Alliance Trust
First United Bank	5611 Gem Lake Rd, Amarillo, TX 79106	06/09/2025	$ 1,750,460	67,764	2019	11,552	$ 1,825,409	$ 679,536	Gem Lake Hill Llc
Shapiro Family Lp	1007 N Fillmore St, Amarillo, TX 79107	06/06/2025	$ 126,000	3,500	0	-	$ 3,199	$ 1,575
Prosperity Bank	303 S Harrison St, Amarillo, TX 79101	04/15/2025	$ 500,000	8,400	0	-	$ 13,346	$ 8,276	Reinbold Inc
First United Bank	100 S Fillmore St, Amarillo, TX 79101	12/30/2024	$ 185,000	4,500	0	-	$ 8,010	$ 4,356
E & I Estates Llc	607 N Mirror St, Amarillo, TX 79107	08/28/2024	$ 220,000	18,750	0	-	$ 12,326	$ 5,619
Cap Certified Dev Corporation	1502 Se 10th Ave, Amarillo, TX 79102	08/27/2024	$ 288,000	6,750	1976	525	$ 10,273	$ 9,801	Bomb City Armory Llc

Mean$ 2,180,814

Median$ 394,000.0

Loan Amount Range$ 67,900 - $ 25,000,000

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