There are many innovative real estate investing opportunities in Randall County, Texas. One such opportunity is to invest in a fixer-upper home and then either rent it out or sell it for a profit. Another option is to invest in vacant land and then build on it or sell it for a profit. There are also opportunities to invest in commercial real estate, such as office buildings or retail space.
Randall County is located in the Panhandle of Texas and is home to the cities of Amarillo, Canyon, and Dumas. The county has a population of just over 130,000 people. The median household income is $46,750 and the median home value is $142,200.
Amarillo is the largest city in Randall County with a population of nearly 200,000 people. The city is known for its livestock industry and agriculture. The median household income in Amarillo is $48,662 and the median home value is $153,100.
Canyon is a small city with a population of about 13,000 people. It's located near Palo Duro Canyon State Park which attracts tourists from all over Texas. The median household income in Canyon is $42,271 and the median home value is $132,700.
Dumas has a population of about 16,000 people and was once an oil boomtown back in the early 1900s. Today Dumas still has an active oil industry but has diversified its economy with other businesses as well. The median household income in Dumas is $41,943 and the median home value here is $131,900
Price Index: Amarillo, TX