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Improved Commercial Land for Sale in Amarillo, Texas
935 E FM 1151, Amarillo, TX 79118
$499,000
5 acres
Active sale
ago
Est $2,911/moPrime 5-Acre commercial opportunity with excellent highway frontage on FM-1151 (Claude Highway). Currently operating as the well-known ''Lone Star Bar & Grill'', this property carries a rich history dating back to the 1970s and offers strong visibility and accessibility. The site includes an additional rental office space and three shipping containers, providing supplemental income potential. With ample land, high traffic exposure, and a flexible layout, this property presents outstanding redevelopment or expansion opportunities. Ideal for investors, owner-operators, or future commercial development.
924
Sq feet
1978
Built
Location
- Street address
- 935 E FM 1151
- County
- Randall County
Directions
Located on FM 1151 (Claude highway) between Osage and Washington
Property details
- Acreage
- 5 acres
- Zoning
- 4000 - SE of Amarillo City Limits
- MLS #
- AAR 26-1715
- Posted
Parcels
- SRM Ventures LLC
Legal description
OSAGE ACRES # 1, LOT 020, BLK 0003, 5.0000 ACRES
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Parking
- Parking Lot
Structure
- Cooling
- Evaporative Cooling
- Materials
- Metal Fab
- Roof
- Metal
Interior
- Flooring
- Cone Slab
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 27, 2026 | New listing | $499,000 | — | AAR |
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