Yes. Homes in the Colonies are part of an HOA. Ask for the HOA dues, covenants and any architectural guidelines for the specific property before you buy.

The Colonies is covered by a City of Amarillo Public Improvement District (PID). The yearly assessment is based on the lot's square footage. For FY 2026-27 the residential assessment is $0.15 per square foot of lot, set by City Ordinance 8267. It is billed on the property tax bill, separate from HOA dues.

Yes. New homes are still being built in the Colonies. When comparing new homes, ask about the builder's warranty, what is included in the price, and whether landscaping and fencing are finished.

Builders currently building here include Amarillo Prestige Homes, Brynem Modern Homes, KMC Homes and Wyben Homes, and others may be building here as well. Each offers its own floor plans, standard features, incentives and warranties, so it is worth comparing a few before you choose.

Yes. The builder's sales representative works for the builder. Your own agent works for you: comparing builders and floor plans, negotiating price and incentives, reviewing the contract and scheduling independent inspections.

The Colonies is inside Amarillo city limits in Randall County. 2026 adopted tax rates per $100 of value:

• Amarillo ISD: 0.864400
• City of Amarillo: 0.430700
• Randall County: 0.400930
• Amarillo College: 0.246700
• High Plains Underground Water District: 0.002976
• Total: 1.945706 (approximately 1.95%)

Homes also pay the Colonies PID assessment of $0.15 per square foot of lot, billed on the property tax bill. School tax applies to value after the $140,000 school homestead exemption; non-homestead properties pay school tax on full value. HOA dues are separate and are not on the tax bill.

Tax rates and PID assessments are set each year by the taxing units and the City of Amarillo and can change. Figures shown are for the 2026 tax year, are provided for general information only, and are not guaranteed. Actual taxes depend on each property's appraised value, exemptions and lot size or lot class. Verify exact amounts with the Potter-Randall Appraisal District or the Randall County Tax Office before buying.