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LEMC Realty apartments in Amarillo, TX

Updated

LEMC Realty

506 S Lipscomb St, Amarillo, TX 79101

2.9 (45 reviews) Official Website

Live pricing, refreshed

3
Units Listed
$645
Starting at
$1,012
Average
$1,595
Highest
$1.14
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Amarillo, TX rent trends

Beds

Pricing by Bedroom

1 Bed
$645
from $645 · 1 units
~530 sqft avg
2 Bed
$795
from $795 · 1 units
~720 sqft avg
3 Bed
$1,595
from $1,595 · 1 units
~1,407 sqft avg

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (2)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$8,470/mo

from 12 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$706

vs $1,012 current asking ($306 negotiation gap)

Recent Lease Activity

15 units tracked; 12 assumed leased, 3 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

3

Limited availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Amarillo, TX

Citywide

Showing citywide comparison (not enough Amarillo, TX properties tagged with "Amarillo 79101" for a local match). Click any bar to view that building.

Available Units

3 units
1 Bed / 1 Bath Large 1 bedroom a short walk from Downtown Amarillo on Historic South Polk Street
$645/mo
530 ft² · $1.22/ft\u00B2 · #Unit 2
2 Bed / 1 Bath Maddox Apartments
$795/mo
720 ft² · $1.10/ft\u00B2 · #Unit 9
3 Bed / 1 Bath Eastridge Home!
$1,595/mo
1,407 ft² · $1.13/ft\u00B2

Train activity

Trains close by

Freight line 1,384 ft away

  • Trains pass infrequently
  • Crossing 1,384 ft away. Horns expected during the day.
  • Operator: BNSF

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Amarillo, TX notes

No resident notes for this property yet.

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Amarillo, TX Rent Trends

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