120 S Russell Street, Pampa, TX 79065-6452

Local realty services provided by:ERA Courtyard Real Estate
120 S Russell Street,Pampa, TX 79065-6452
$2,800,000
  • - Beds
  • - Baths
  • 34,257 sq. ft.
  • Multi-family
  • Active
Listed by: jarec pace
Office: pace realty group
MLS#:26-6934
Source:TX_AAOR

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$81.74

About this home

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.

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Home facts

  • Year built:1928
  • Listing ID #:26-6934
  • Added:1 day(s) ago
  • Updated:August 29, 2026 at 11:47 AM

Rooms and interior

  • Kitchen Description:Oven, Refrigerator
  • Living area:34,257 sq. ft.

Structure and exterior

  • Year built:1928
  • Building area:34,257 sq. ft.

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$81.74

Features and amenities

  • Appliances:Oven, Refrigerator