511 Melody Dr, Amarillo, TX 79118
Property image
Property image
FOR SALE

$889,000

  • 3 Beds
  • 2 Baths
  • 1,732 sqft

511 Melody Dr, Amarillo, TX 79118

Est. Mortgage $5,997/mo*
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Home Highlights

Single-Family Home
Built in 1965
$513/sqft
2 Car Garage
HOA $266/mo

Local Information

  • Map ViewExplore the area around 511 Melody Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Set in the highly sought-after Ski Area of Lake Tanglewood, this remarkable property offers wide-open views, gorgeous trees, and direct access to one of the most beautiful spots in the community. With the lake just steps away, you'll enjoy the perfect blend of natural beauty and recreational lifestyle--ideal for boating, skiing, and unforgettable sunrises. The home rests on a spacious lot that captures the essence of lake living, inviting you to dream, relax, and create something truly special. Opportunities like this are few and far between in such a prime location. Come experience the magic of Lake Tanglewood and imagine the possibilities.
Last check for updates: about 8 hours ago
Listing courtesy of Amarillo Team, (806) 433-8404
RockOne Realty, LLC
Source: AMMLS, MLS#26-5365
Also Listed on AMMLS.

Home Details for 511 Melody Dr

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (three quarters): 2
Dimensions and Layout
Living Area: 1732 Square Feet
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: One
View
Has a ViewView: Canyon

Exterior Features

Exterior Home Features
Roof: CompositionOther Structures: Storage
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Faces Front,Garage Door Opener
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 66

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction
Property Information
Parcel Number: 142565

Price & Status

Price
List Price: $889,000Price Per Sqft: $513

Active Status

MLS Status: Active

Location

Direction & Address
City: Amarillo
School Information
Elementary School: SundownJr High / Middle School: Pinnacle/Randall Jr. HighHigh School: Randall

Agent Information

Listing Agent
Listing ID: 26-5365

Building

Building Area
Building Area: 1732 Square Feet

Community

Community Features: Golf, Lake, Gated

HOA

HOA Name: Lake Tanglewood HomeownersHas an HOAHOA Fee: $266/Monthly

Offer

Listing Terms: Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 26-5365

Additional Information

GolfLakeGated

Around this home

What Locals Say about Lake Tanglewood

At least 1 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 75 % Say kids play outside

  • 55 % Say neighbors are friendly

  • 50 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Cljohnson98
    "GREAT place to raise your kids! Everyone keeps an eye on the children around here. They let you know what they are doing, good or bad, and are very friendly."

Market trends in Lake Tanglewood

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
26
3
MoM

Home Value

Trulia Estimate
$820K
Since last month
Decreased$13K (-1.6%)
Since last year
Decreased$102K (-11.1%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +93% in the last 10 years
MonthEstimated value
2026
August 2026$820K
August 2026$819K
July 2026$833K
June 2026$821K
May 2026$832K
April 2026$927K
March 2026$929K
February 2026$926K
January 2026$920K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
$460,000
3
2.5
2,198
For Sale
0.11
$750,000
5
4
3,620
For Sale
0.15
$505,000
3
2.5
2,800
For Sale
0.29
$575,000
3
2
2,232
For Sale
0.39
$889,000
3
3
2,430
For Sale
0.40
$2,950,000
4
4
4,332
For Sale
0.40
$2,950,000
3
4
4,985
For Sale
0.44
$1,399,950
4
3
2,527
For Sale
0.77
$575,000
-
-
-
For Sale
0.78
$999,000
4
3.5
3,611
For Sale
0.83
$850,000
4
4
4,498
For Sale

Price and Tax history

DateEventPrice
Jul 2, 2026
Source: AMMLS #26-5365
Listed For Sale
$889,000
Jul 1, 2026
Source: AMMLS #25-10084
ListingRemoved
$889,000
Jun 14, 2026
Source: AMMLS #25-10084
PriceChange
$889,000
Price decreased by 1%
May 15, 2026
Source: AMMLS #25-10084
PriceChange
$899,000
Price decreased by 5%
Dec 14, 2025
Source: AMMLS #25-10084
Listed For Sale
$949,000

LGBTQ Local Legal Protections

Amarillo Team, RockOne Realty, LLC
Agent Phone: (806) 433-8404
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 511 Melody Dr

  • What is the estimated monthly payment for 511 Melody Dr?
    Based on a $889,000 list price with 20% down at today's rates, the estimated monthly payment for 511 Melody Dr in Amarillo, TX is approximately $5,827 (about $4,685 principal & interest, $1,067 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 511 Melody Dr?
    The closest schools to 511 Melody Dr in Amarillo, TX are Pinnacle Intermediate School (Elementary, rated 7/10), Randall High School (rated 5/10), Randall Junior High School (rated 7/10).
  • What is 511 Melody Dr estimated to be worth?
    Trulia's estimated value for 511 Melody Dr in Amarillo, TX is $819,800.
  • Does 511 Melody Dr have air conditioning?
    Yes, 511 Melody Dr in Amarillo, TX has air conditioning.
  • Does 511 Melody Dr have a garage?
    Yes, 511 Melody Dr in Amarillo, TX has an attached garage.
511 Melody Dr, Amarillo, TX 79118 is a 3 bedroom, 2 bathroom, 1,732 sqft single-family home built in 1965. This property is currently available for sale and was listed by AMMLS on Jul 2, 2026. The MLS # for this home is MLS# 26-5365.