Large Location Icon

501 Melody Dr; Amarillo, TX Property Details

501 Melody Dr, Amarillo, TX is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 501 Melody Dr has 3 bedrooms, and 3 bathrooms, and a total of 3,227 square feet. The lot size of 501 Melody Dr is 17,860 square feet.

Off market
501 Melody Dr Amarillo, TX 79118
$1,122,486 Listing Price
3 Beds
3 Baths
3,227 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1964
  • Purchase Price: $638,000
  • Open Loans / Balance: 2 / $898,529
  • Est. Equity / %: $749,471 / 45.48%
  • Gross Yield: 1.524%
  • APN: 142570
  • Situs County: Randall
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Stories: 2
  • Exterior Wall Type: Masonry
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Building Quality: B
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,227/SqFt
  • Lot: 17,860/SqFt
  • Gross: 3,803/SqFt
  • Garage: 629/SqFt
  • Living: 3,227/SqFt
  • Building: 3,227/SqFt
  • Ground: 2,479/SqFt
  • Price Per Square Foot: $197.71

Legal Description

  • Description: LAKE TANGLEWOOD, LOT 012, BLK 0005, 0.4100 ACRES
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Canyon Independent School District
  • Lat / Lon: 35.051426 / -101.77768
  • Subdivision: Lake Tanglewood
  • Property Class: Residential
  • County Use Code: 9002

Amenities

  • Plus Four: 9379
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 4

HOA

  • H O A One: $195
  • H O A Amount: $195
  • H O A One Frequency: Monthly
  • H O A One Name: Lake Tanglewood
  • H O A One Type: Home Owner Association
  • H O A Two Name: Lsiot Inc
  • H O A Two Type: Home Owner Association

Ownership Info

501 Melody Dr has no associated ownership info
501 Melody Dr has no associated ownership info.

Taxes

501 Melody Dr has 10 associated Taxes items

501 Melody Dr, Amarillo, TX pays taxes in Randall County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,300,503. The APN we've located for 501 Melody Dr is 142570.

Unlock the full report
Taxes
  • Assessed Value:  $1,300,503
  • Assessed Year:  2025
  • Assessed County:  Randall
  • APN:  142570
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Tax Amount:  16648
  • Tax Year:  2024
  • Market Value:  1300503
  • Market Year:  2025

Tax History

501 Melody Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,300,503 Land Value $300,000 Improvement Value $1,000,503 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,252,845 Land Value $300,000 Improvement Value $952,845 Tax Amount $16,648 Change Rate +0.089157% Assessed CR Tax Rate +0.013288%
Year 2023 Assessed Value $1,147,987 Land Value $300,000 Improvement Value $847,987 Tax Amount $15,285.22 Change Rate -0.107636% Assessed CR Tax Rate +0.013315%
Year 2022 Assessed Value $1,100,030 Land Value $300,000 Improvement Value $800,030 Tax Amount $17,128.9 Change Rate +0.11325% Assessed CR Tax Rate +0.015571%
Year 2021 Assessed Value $917,380 Land Value $300,000 Improvement Value $617,380 Tax Amount $15,386.39 Change Rate +0.04027% Assessed CR Tax Rate +0.016772%
Year 2020 Assessed Value $857,829 Land Value $300,000 Improvement Value $557,829 Tax Amount $14,790.77 Change Rate +0.137705% Assessed CR Tax Rate +0.017242%
Year 2019 Assessed Value $857,829 Land Value $300,000 Improvement Value $557,829 Tax Amount $13,000.53 Change Rate Assessed CR Tax Rate +0.015155%
Year 2018 Assessed Value $851,985 Land Value $300,000 Improvement Value $551,985 Tax Amount $13,000.53 Change Rate Assessed CR Tax Rate +0.015259%
Year 2017 Assessed Value $844,361 Land Value $300,000 Improvement Value $544,361 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $842,013 Land Value $300,000 Improvement Value $542,013 Tax Amount $13,000.53 Change Rate Assessed CR Tax Rate +0.01544%
Year 2015 Assessed Value $842,013 Land Value $300,000 Improvement Value $542,013 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $841,216 Land Value $300,000 Improvement Value $541,216 Tax Amount $13,126.53 Change Rate Assessed CR Tax Rate +0.015604%