Townhouse Investment Properties for Sale in Amarillo, TX

Townhouses in Amarillo, TX, offer investors a smart entry into the affordable Texas Panhandle market with strong rental demand. The city's stable economy supports consistent cash flow, with average rents around $1,200 monthly and cap rates near 7%. Appreciation has held steady at 2-3% annually amid population growth. Low vacancy rates under 5% and high renter occupancy make townhouses ideal for long-term holds. Diversified industries ensure resilience against downturns.