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Olsen Homes for Sale in Amarillo

Olsen Park is an established southwest Amarillo neighborhood built almost entirely in the late 1950s and early 1960s. Homes are mostly single-story brick ranch houses on mature lots.

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Olsen at a Glance

Typical list price
$165K to $419K
Average about $327,000 (Oct 2026)
Location
Southwest Amarillo
Potter and Randall counties, inside city limits
Homes
Built 1957 to 1963
1,000 to 3,100 sq ft, mostly 3 to 4 bedrooms
Utilities
City water and sewer
Inside Amarillo city limits
HOA
Not common
Check deed restrictions for each home
Property tax rate
About 1.95% to 2.17% per year
City, county, Amarillo ISD and college (2026)

Schools Serving Olsen

ElementaryOlsen Park Elementary
Middle SchoolCrockett Middle
High SchoolTascosa High for most homes; some streets are zoned to Amarillo High

Olsen is part of Amarillo ISD. Verify school attendance zones with Amarillo ISD for the specific property address.

What Buyers Ask About Olsen

Does Olsen have an HOA?

HOA dues are not common in Olsen. Check the deed restrictions and HOA status for the specific property before you buy.

Which high school serves Olsen?

It depends on the street. Most Olsen homes are zoned to Tascosa High, and some streets are zoned to Amarillo High. Check the specific address with Amarillo ISD.

How old are Olsen homes, and what should I check?

Many Olsen homes were built in the late 1950s and early 1960s. Updates vary from house to house. A full inspection should cover the roof, foundation, plumbing and sewer line, electrical panel and the age of the heating and cooling systems.

What are property taxes in Olsen?

Olsen is inside Amarillo city limits and straddles the Potter-Randall county line, so the rate depends on which side of the line a home sits. 2026 adopted tax rates per $100 of value:

Potter County side

  • Amarillo ISD: 0.864400
  • City of Amarillo: 0.430700
  • Potter County: 0.622680
  • Amarillo College: 0.246700
  • Panhandle Groundwater Conservation District: 0.007618
  • Total: 2.172098 (approximately 2.17%)

Randall County side

  • 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%)

Check the specific parcel to see which applies. 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 are set each year by the taxing units 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 and exemptions. Verify exact amounts with the Potter-Randall Appraisal District or the Potter County or Randall County Tax Office before buying.

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Nearby Neighborhoods

Other neighborhoods nearby:

View the Olsen market report

Olsen's Newest Listings

4214 King Avenue, Amarillo
$239,000
4 Beds ⋅ 2 Baths ⋅ 26-8340 MLS
Beautifully updated home in the desirable Olsen neighborhood! This spacious home offers two living areas, a sunroom, and a formal dining room, giving you plenty of room to spread out and live comfortably. The open kitchen features a center island and flows into the main living area. The isolated primary suite offers added privacy with its own bathroom. Out back, you'll find a workshop and a fun treehouse! With updates throughout and a great floor plan, this home has so much to offer! Owner/Agent.

4214 King Avenue, Amarillo
5205 Berget Drive, Amarillo
$419,000
4 Beds ⋅ 3 Baths ⋅ 26-8146 MLS
Mid-century cool meets modern comfort in this beautifully updated Olsen gem. The open-concept layout creates easy flow for everyday living and entertaining, while preserving the character that makes this home special. The kitchen is a standout, blending vintage-inspired style with modern convenience. Updated bathrooms feature clean, contemporary finishes throughout. A spacious second living area offers endless flexibility and includes a wet bar with a dual-zone wine fridge, making it the perfect spot for hosting friends and family. Outside, the large backyard is ready for cookouts, gatherings, or simply enjoying the outdoors. Located in one of Olsen's most desirable neighborhoods, this move-in-ready home also features a brand-new HVAC system for added comfort and peace of mind.

5205 Berget Drive, Amarillo
4321 Omaha Avenue, Amarillo
$375,500
3 Beds ⋅ 26-7976 MLS
Beautiful new listing in the desirable Olsen area with great curb appeal and thoughtful updates throughout! This 3-bedroom, 2.5-bath home offers beautifully updated living spaces along with a finished basement, providing additional flexible space for entertaining, a home office, media room, or whatever your needs may be. Step outside to a beautiful backyard featuring a spacious patio, perfect for relaxing or entertaining guests. The oversized driveway also offers ample space for RV parking. With its combination of updates, functional space, great outdoor living, and curb appeal, this Olsen home is one you won't want to miss!

4321 Omaha Avenue, Amarillo
4802 Olsen Boulevard, Amarillo
$375,000
5 Beds ⋅ 3 Baths ⋅ 26-7857 MLS
Priced to sell! Bring your offer! 5 Bedrooms • 3 Baths • 0.37-Acre Lot • Major 2025 Updates new roof, A/C, sewer line and gas line. Room for everyone--and room to grow. Mother-in law floorplan, a flexible private-entry bedroom, sunroom, large backyard and 2-car garage. In the established Olsen neighborhood offers room to spread out. Bright airy, you'll love the neutral color palette. Walking distant to all school: 0.4 mi to Olsen Elementary, 0.9 miles to Crockett Middle School and 1 mile to Tascosa High School.

4802 Olsen Boulevard, Amarillo
4201 King Avenue, Amarillo
$185,000
26-7836 MLS
FRONTAGE BUSINESS PROPERTY ON WESTERN!! This property is a highly visible land parcel positioned on the corner of Western Street & King Ave. It is zoned for certain businesses & is an incredible opportunity to own property to build your business empire in the heart of Amarillo on one of the busiest streets in town. Conveniently located close to I40 & the Olsen/wolflin area to capture the commerce in one of the busiest areas. Don't miss your chance to own this today!!

4201 King Avenue, Amarillo
5501 Alvarado Road, Amarillo
$275,000
3 Beds ⋅ 2 Baths ⋅ 26-7642 MLS
Spacious home on corner lot in Olsen! This well-maintained home features an abundance of living and entertaining space in the large living areas that flow nicely into dining area and kitchen. The home offers 3 bedrooms and 2 full bathrooms, a large front and backyard perfect for grilling, spending time with family and relaxing. The backyard also features a large custom dog run. Detached 2 car garage with storm shelter. Successfully operated as an airbnb for approximately a year with strong occupancy. Updates include newer flooring in both living areas and all bedrooms, an updated utility closet and a new oven.

5501 Alvarado Road, Amarillo
4326 Omaha Avenue, Amarillo
$345,000
4 Beds ⋅ 3 Baths ⋅ 26-7521 MLS
Spotlight on VALUE and room to grow in this beautifully maintained 2 story. 2 living areas, with a recently updated kitchen /dining with new cabinets, countertops, backsplash and flooring. The back den is a dream and could hold Living Room furniture AND a pool table. So much space with an updated attached 1/2 guest bath, and lots of storage and built-in desk space for crafting or office space. The stand-up storm shelter out back is surrounded and shaded by lots of mature landscaping. BRAND NEW ROOF installed the week of September 7th. The electric car battery charging bank is tucked away in the garage for convenience and efficiency. So much to show off in this beauty! Can't be beat for the price, space and area. MOVE-IN READY!

4326 Omaha Avenue, Amarillo
5515 Berget Drive, Amarillo
$390,000
4 Beds ⋅ 3 Baths ⋅ 26-7332 MLS
Don't miss out on this charming Olsen beauty sitting on a corner lot! Offering 4 bedrooms, 3 baths, formal dining, wood floors, quartz countertops, beautiful light figures, and updated bathrooms. The spacious layout offers a great flow for entertainment. There is plenty of storage throughout including a storage room in the garage.

5515 Berget Drive, Amarillo
4210 Garland Street, Amarillo
$159,000
3 Beds ⋅ 1 Baths ⋅ 26-7156 MLS
OLSEN PARK CHARMER Don't miss this adorable and exceptionally well-maintained 3-bedroom, 1-bath home in one of Amarillo's most sought-after neighborhoods! This home offers a functional, inviting layout, a one-car garage, and a large backyard with a brand-new fence--perfect for kids, pets, entertaining, or simply enjoying some extra outdoor space. So much love and care has gone into this home, and it truly shows! Whether you're a first-time buyer looking for the perfect place to call home or an investor searching for a great opportunity, this one checks all the boxes. The central Olsen Park location puts you close to shopping, dining, schools, and everything Amarillo has to offer. Cute, convenient, well cared for, and full of potential--come see why this one won't last long!

4210 Garland Street, Amarillo
4410 Olsen Boulevard, Amarillo
$315,000
4 Beds ⋅ 2 Baths ⋅ 26-6768 MLS
A spacious and well-maintained home offering 4 bedrooms, 2 bathrooms, and a versatile floor plan designed for comfortable living. Featuring two separate living areas, there's plenty of room to entertain, relax, or create the perfect space for family gatherings. A dedicated office provides the ideal setup for working from home, studying, or pursuing hobbies. The inviting living room showcases a beautiful brick fireplace, creating a warm focal point, while the adjoining dining area flows seamlessly into the kitchen for everyday convenience. Outside, you'll find a generously sized backyard enclosed by an 8-foot privacy fence, offering a secure and private space for kids, pets, or outdoor entertaining. Mature trees provide shade.

4410 Olsen Boulevard, Amarillo
5614 Erik Avenue, Amarillo
$244,900
2 Beds ⋅ 2 Baths ⋅ 26-6070 MLS
Refined Low-Maintenance Townhome in Amarillo's Desirable Olsen Neighborhood Welcome to 5614 Erik Avenue, a beautifully updated 2-bedroom, 2-bath townhome offering Comfortable, low-maintenance living in Amarillo's highly sought-after Olsen neighborhood. Thoughtfully designed for both ease and function, this move- in-ready home showcases new carpeting, excellent storage, three inviting outdoor sitting areas, and recently completed interior and exterior updates. Inside, a gracious living area anchored by a cozy fireplace creates a warm and welcoming atmosphere for relaxing or entertaining. The spacious floor plan flows seamlessly into the dining and kitchen areas, providing a practical and comfortable layout for everyday

5614 Erik Avenue, Amarillo
2421 Commerce Street, Amarillo
$150,000
26-4117 MLS
The Amarillo TX property at 2421 Commerce Street is zoned L-1, allowing for a variety of uses. Surrounding lots feature various businesses, including Texas Blue Lake Pools across the street and a dental business to the north. The property boasts 170' of frontage on Commerce and is 120' deep, making it a prime location for new business.

2421 Commerce Street, Amarillo
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