Spacious home on corner lot in Olsen! This well-maintained home features an abundance of living and entertaining space in the large living areas that flow nicely into dining area and kitchen. The home offers 3 bedrooms and 2 full bathrooms, a large front and backyard perfect for grilling, spending time with family and relaxing. The backyard also features a large custom dog run. Detached 2 car garage with storm shelter. Successfully operated as an airbnb for approximately a year with strong occupancy. Updates include newer flooring in both living areas and all bedrooms, an updated utility closet and a new oven.
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Around this home
Schools
K - 12
Preschool & daycare
Olsen Park Elementary School
Public PreK-5 • Assigned • 0.5mi
8/10
Crockett Middle School
Public 6-8 • Assigned • 0.3mi
8/10
Amarillo High School
Public 9-12 • Assigned • 0.9mi
6/10
Provided by GreatSchools
About Olsen
Park
Olsen Park, located between I-40 and S Coulter St, is a residential and park-centered Amarillo neighborhood with a golf course and a network of trails. The neighborhood’s character concentrates around the Amarillo Country Club and the fairways edging Olsen Park, where morning walkers and golfers set the pace. Mid-century ranch homes and newer builds line curving streets with mature trees and wide setbacks. Green space shapes daily routines, from the park’s paths to the adjacent Amarillo Botanical Gardens. Nearby arts and performances at the Amarillo Little Theatre add a cultural counterpoint to the outdoorsy feel.
Provided by Walk Score and Local Logic
Offer insights
5501 Alvarado Rd · $269,900
$270K and above
75% chance or better to win
Why $270K+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 54 days.
SALE-TO-LIST
85.0%
Most homes are selling 15% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Wood-burning fireplace in the den
Oven, Cooktop, Microwave
Bathrooms
2 full bathrooms
Kitchen
Oven
Cooktop
Microwave
Laundry & utility
Laundry closet
Heating & cooling
Central heating
Central air
Ceiling fans
Exterior features
Corner lot
Dog run
Wood fencing
Home design
Single-family residence
Residential property
Parking
Detached 2-car garage with side-facing door and opener
Construction
Brick veneer construction
Built in 2026
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Great corner lot in Olsen. Detached 2 car oversized garage. 3 bed 2 bath TWO living areas. Lots of updates. Wont last long. Come take a look!
Public Records
Jun 28, 2016
Sold
*
AARMLS #16-98363
Jun 27, 2016
Sold
—
May 11, 2016
Listed
$158,000
$86/sq ft
+31
Well maintained home on corner in excellent Olsen location with very nice curb appeal. Spacious den with open kitchen and eating area, two full baths and two living areas. Nice courtyard between house and garage. Storm shelter in the garage. Home has newer windows.
Year
Property tax
Land + Additions
Assessment*
2026
$4,431 (+7.2%)
$15,877 + $214,204
$230,081
2025
$4,134 (−2.5%)
$15,877 + $198,795
$214,672
2024
$4,241 (+0.9%)
$15,877 + $208,535
$224,412
2023
$4,204 (+6.3%)
$15,877 + $200,413
$216,290
2022
$3,954 (+2.4%)
2021
$3,860 (+8.6%)
$15,877 + $152,386
$168,263
2020
$3,553 (−0.1%)
$15,877 + $143,463
$159,340
2019
$3,558 (+5.5%)
$15,877 + $143,463
$159,340
2018
$3,373 (+3.9%)
$15,877 + $133,861
$149,738
2017
$3,246 (+8.7%)
$15,877 + $132,885
$148,762
2016
$2,986 (+0.4%)
$15,877 + $132,885
$148,762
2015
$2,975 (+3.7%)
$15,877 + $121,788
$137,665
2014
$2,868
$15,877 + $117,617
$133,494
Public record
Public record
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,157 Sq. Ft.
Year renovated
1960
Finished Sq. Ft.
1,845
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,845
Year built
1960
Style
Single Family Residential
County
Randall County
APN
000000154923
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
Jan 3, 2022 • Final
Imported record
Remove and replace composition shingles on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 20 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Amarillo, TX • 79106
Average low and high temperatures (°F)
49
25
61
32
73
43
75
49
80
54
89
66
92
70
90
67
85
60
76
52
64
40
61
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Amarillo. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5501 Alvarado Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More
More resources
Rental earnings
Est. $1,561 per month, based on comparable rentals