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120 S Russell Street

Pampa, TX 79065
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Schneider House is a 54-unit apartment community in Pampa, Texas, Currently 88% occupied and generating in-place income across a stable, long-tenured resident base. An independent appraisal valued the property at $2.6M (As Is) even before ownership's recent capital improvements were completed, establishing a solid value floor ahead of the CapEx Program. Positive cashflow improvements can be made to monthly rent increases and utility bill backs.

Detail Ic Property Details

Property Type : Residential Income

Price : $2,800,000

AD Id : 90874709

MLS Id : 26-6934

Year Built : 1928

County : Gray

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Feature Features

  • Interior Features

    Appliances: Oven, Refrigerator

  • Building Information

    Year Built: 1928 Building Area Total: 34257 Private Pool: No

  • Listing Price Information

    Listing Price: $2800000

  • Tax Information

    Tax Legal Desc: TR A ORIGINAL TOWNRESERVE

  • Homeowners Association Information
    Association Amenities: Laundry, Elevator(s)

  • Location Information

    Direction: On the corner of S Frost and E Foster in Pampa TX.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Amarillo Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Amarillo Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 09/01/2026 @ 22:50

MLS: 26-6934 LISTED BY: Jarec Pace, Pace Realty Group 806-672-9579 SOURCE: Amarillo Association of REALTORS

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