219 S Polk St, Amarillo, TX 79101 – Commercial Improved Land

CommercialYear Built N/ATotal Assessed Value $188,479County Potter

Property Details

The Commercial property 219 S Polk St, Amarillo, TX 79101 is located in Potter County. The specific property type is Commercial Improved Land. The total assessed value of this property is $188,479.

The gross building area is 0 square feet and the land area is 25,200 square feet for this Commercial Improved Land built in N/A.

Legal description: City/Muni/Twp:City Of Amarillo Glidden & Sanborn Lotblock 0024 11 Thru 16 Map Ref:Map N11

$188,479

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area0

Land Size25,200

Land Value$101,059

Improved Value$87,420

Total Assessed Value$188,479

Year BuiltN/A

County NamePotter

Account NumberR-031-0500-1148

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Lot Depth (ft)140

Lot Frontage (ft)180

Sales History

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Mortgage History

10/23/2009

Sale$998,777

Borrower

Rule Tower Llc

Lender

Book Number

01162875

Recording Date

10/23/2009

Transaction Details

Rule Tower Llc borrowed the property from through a transaction on 10/23/2009 for $998,777.

3/12/2008

Arms length residential transactions purchase or resales$75,000

Borrower

Rule Tower Llc

Lender

First Bank & Trust Of Memphis

Book Number

2008.1123737

Recording Date

3/12/2008

Transaction Details

Rule Tower Llc borrowed the property from First Bank & Trust Of Memphis through a Arms length residential transactions purchase or resales transaction on 3/12/2008 for $75,000.

7/27/2007

Arms length residential transactions purchase or resales$541,546

Borrower

Rule Tower Llc

Lender

Book Number

2007.1114346

Recording Date

7/27/2007

Transaction Details

Rule Tower Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 7/27/2007 for $541,546.

1/27/2006

Arms length residential transactions purchase or resales$125,000

Borrower

Rule Tower Llc

Lender

Book Number

2006.1070784

Recording Date

1/27/2006

Transaction Details

Rule Tower Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 1/27/2006 for $125,000.

10/23/2006

Arms length residential transactions purchase or resales$236,165

Borrower

Rule Tower Llc

Lender

Book Number

2006.1088672

Recording Date

10/23/2006

Transaction Details

Rule Tower Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 10/23/2006 for $236,165.

12/20/2005

Arms length residential transactions purchase or resales$118,447

Borrower

Rule Tower Llc

Lender

Mclain Rubin Realty Llc

Book Number

2006.1068963

Recording Date

12/20/2005

Transaction Details

Rule Tower Llc borrowed the property from Mclain Rubin Realty Llc through a Arms length residential transactions purchase or resales transaction on 12/20/2005 for $118,447.

Property constructed in 0

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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	$101,059	$87,420	$188,479	$188,479	Tb Rule Amarillo Llc	-	City/Muni/Twp:City O...	99900.01	Glidden & Sanborn	25,200	-
2023	$101,059	$87,420	$188,479	$188,479	Tb Rule Amarillo Llc	-	CITY/MUNI/TWP:CITY O...	460.00	GLIDDEN & SANBORN	25,200	-
2022	$100,800	$87,420	$188,220	$188,220	Tb Rule Amarillo Llc	-	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-
2021	$100,800	$87,420	$188,220	$188,220	Tb Rule Amarillo Llc	8758 S Us Highway 37...	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-
2019	$100,800	$87,420	$188,220	$188,220	Rule Tower Llc	Po Box 33761, AMARIL...	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-
2018	$100,800	$87,420	$188,220	$188,220	Rule Tower Llc	Po Box 33761, AMARIL...	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-
2017	$100,800	$87,420	$188,220	$188,220	Rule Tower Llc	Po Box 33761, AMARIL...	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-
2016	$100,800	$87,420	$188,220	$188,220	Rule Tower Llc	Po Box 33761, AMARIL...	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-
2015	$100,800	$87,420	$188,220	$188,220	Rule Tower Llc	Po Box 33761, AMARIL...	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-
2014	$100,800	$87,420	$188,220	$188,220	Rule Tower Llc	Po Box 33761, AMARIL...	GLIDDEN & SANBORN LO...	-	GLIDDEN & SANBORN	25,200	-

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Rent & Occupancy

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Comparables

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Nearby Lenders

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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 ↕
—	219 S Polk St, Amarillo, TX 79101	—	-	25,200	N/A	-	$ 188,479	$ 101,059	-
Prosperity Bank	303 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	8,400	0	-	$ 13,346	$ 8,276	-
Prosperity Bank	313 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	4,200	0	-	$ 6,750	$ 4,356	-
Prosperity Bank	317 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	4,200	0	-	$ 6,375	$ 4,356	-
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
Firstbank Southwest	600 S Tyler St, Amarillo, TX 79101	09/16/2024	$ 3,424,820	90,000	1971	183,584	$ 11,150,520	$ 270,000	Chase Tower Llc
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
Centennial Bank	901 N Eastern St, Amarillo, TX 79107	08/14/2024	$ 23,500	222,592	2007	2,400	$ 99,190	$ 44,518

Mean$ 1,337,309

Median$ 394,000.0

Loan Amount Range$ 23,500 - $ 13,500,000

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License Details

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