1502 S Lipscomb St, Amarillo, TX 79102 Property Records

Potter County property record for 1502 S Lipscomb St, Amarillo, TX 79102

Property Summary

Property Type	Commercial Office
Details	3,916 sqft · built 1941
Lot Size	0.16 acres (6,970 sqft)
Owner	Company Name on File
Last Sale	$236,330 (Apr 2024)
Tax Bill	$2,909 (2025)
Deeds & Mortgages	Apr 2024 Line of Credit Apr 2019 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`R-005-9200-0100`

Property Details

APN / Parcel Number

Primary APN	`R-005-9200-0100`
Alternative APNs	`R-005-9200-0100.0` `005 9200 0100` `R214583` `214583`

Interior

Total Rooms	1 Room
Stories	1 Story
Building Area	3,916 sqft Gross Area
1st Floor Area	3,916 sqft

Exterior

Year Built	Built 1941
Effective Year Built	Effective 1993
Exterior Material	Concrete
Lot Area	6,970 sqft (0.16 acres)
Lot Dimensions	140 ft deep x 50 ft wide
Total Buildings	2 Buildings

Location & Zoning

Account Number	R214583
Street Address	1502 S LIPSCOMB ST
City	AMARILLO
State	TX
Zip	79102-2603
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	GR
Legal Description	CENTRAL SQUARE ADDN, LOT 002, BLK 0002
Legal Subdivision	CENTRAL SQUARE ADDN
Legal Block	2
Legal Lot Number	002
Jurisdiction	POTTER TX
Township / Civil Division	AMARILLO
Census Block Group	3
Census Block	3004
Census Tract	11500

Owner

Source: Potter County assessment roll, as of May 26, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	PO BOX 50594, AMARILLO, TX 79159-0594
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Apr 1, 2024	Vendor's Lien, Transfer · Line of Credit FIRSTBANK SOUTHWEST
Apr 10, 2019	Deed of Trust, Mortgage HERRING BK

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Apr 1, 2024 · Amount on Record
Deed Sale	Apr 1, 2024 · Amount on Record
Prior Sale	May 12, 2011
Deed Document Number	20243787
Record Updated	Sep 20, 2026

April 2024: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	POTTER TX
Recording Date	Apr 1, 2024
Property Address	1502 S LIPSCOMB ST, AMARILLO, TX 79102-2603
Document Number	0000003787
Map Reference	VOL 151 PG 221
Instrument Date	Mar 29, 2024
Instrument	2024OPR0003787
Transaction Type	Transfer
Record Updated	Apr 10, 2024

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2 LAS COLINAS CT, AMARILLO, TX 79124-7800

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 50594, AMARILLO, TX 79159-0594

Mortgage

Document Number	0000003788
Date	Apr 1, 2024
Instrument	2024OPR0003788

Lender

Name	FIRSTBANK SOUTHWEST
Type	Bank
Special Notes	Seller Financed

Agreement

Type	Line of Credit
Amount	Amount Recorded

April 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POTTER TX
Property Address	1502 S LIPSCOMB ST, AMARILLO, TX 79102-2603
Document Number	0000004547
Instrument Date	Apr 10, 2019
Transaction Type	Mortgage
Record Updated	Apr 19, 2019
Title Company	CHICAGO TITLE/TX LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2 LAS COLINAS CT AMARILLO TX 791247800, AMARILLO, TX 79124-7800

Mortgage

Document Number	0000004547
Date	Apr 11, 2019
Instrument	4547

Lender

Name	HERRING BK
Type	Bank
Address	AMARILLO, TX 79159-0488

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Apr 10, 2029

Tax Assessment & Valuation

Source: Potter County assessment roll, as of May 26, 2026

Property Jurisdictions

Type	Name
State	Texas
Municipality	Amarillo City
County	Potter County
Unified School District	Amarillo Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,909.00 (+24.53%)	$137,250 (+46.56%) Land $10,500 Building $126,750	$137,250 (+46.56%) Land $10,500 Building $126,750
2024	$2,336.00 (+24.06%)
2023		$93,646 Land $10,500 Building $83,146	$93,646 Land $10,500 Building $83,146
2019	$1,883.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 6, 2022

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 99.3% of Texas
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	AMARILLO MUNICIPAL WATER SYSTEM serves 201,291 people · EPA ID TX1880001
Water Source	Surface water
Last State Inspection	Apr 2024
Lead	1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 675 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Holdings Fiber	5,120 / 5,120
AT&T Fiber · Fixed Wireless in parts of the area	5,000 / 5,000
Innovative Financial Technologies Fixed Wireless	1,000 / 1,000
Optimum Communications Cable	940 / 35
Verizon Fixed Wireless	300 / 20

May also be available: PATHWAYZ Communications.

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