514 Melody Dr, Amarillo, TX 79118
Property image
Property image
OFF MARKET

$541,600

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,839 sqft (on 0.28 acres)

514 Melody Dr, Amarillo, TX 79118

Est. Refi. Payment $3,521/mo*
Refinance Your Home

Home Value

Trulia Estimate
$542K
Since last month
Increased$900 (+0.2%)
Since last year
Decreased$26K (-4.6%)
Since last sale
Increased$92K (+20.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +51% in the last 10 years
MonthEstimated value
2026
August 2026$542K
August 2026$542K
July 2026$541K
June 2026$538K
May 2026$545K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.54
Single-Family Home
-
08/02/26
2
2
1,588
0.68
Single-Family Home
-
09/02/26
4
3
2,629
0.79
Single-Family Home
-
11/06/25
4
4
3,405
0.98
Single-Family Home
-
04/10/26
3
2
2,426
0.94
Single-Family Home
-
10/31/25
6
4
3,452
0.88
Single-Family Home
-
04/15/26
3
-
4,165
1.48
Single-Family Home
-
02/23/26
4
4
2,926
1.80
Single-Family Home
-
01/14/26
6
3
1,201
2.34
Single-Family Home
-
06/05/26
3
3
2,236
2.32
Single-Family Home
-
02/23/26
3
3
2,586
Home facts updated by county records

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
$2,950,000
3
4
4,985
For Sale
0.11
$1,399,950
4
3
2,527
For Sale
0.17
$889,000
3
3
2,430
For Sale
0.18
$2,950,000
4
4
4,332
For Sale
0.37
$850,000
4
4
4,498
For Sale
0.42
$1,165,000
3
4
2,062
For Sale
0.38
$575,000
3
2
2,232
For Sale
0.44
$460,000
3
2.5
2,198
For Sale
0.48
$889,000
3
2
1,732
For Sale
0.57
$494,000
3
3
2,280
For Sale
0.60
$1,099,000
3
2.5
2,202
For Sale
0.55
$750,000
5
4
3,620
For Sale

Local Information

  • Map ViewExplore the area around 514 Melody Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1982
0.28 acre lot
2,839 sqft
$191/sqft
Garage

About this House

In the middle of the resort like area of Lake Tanglewood is where you will find this jewel. Melody Drive is a picturesque street, large shade trees and a view of the lake. This gorgeous home has a nicely updated kitchen, all 3 baths are updated, both living areas new paint and texture and fixtures. Master bedroom is beautifully updated and has access to front patio looking out at the lake. Imagine finishing your day and 20 minutes later you are on the lake or playing golf with friends and family. Per Seller new 5 ton HVAC 2019, septic system updated 2018, Class 4 roof 2017. This home is ready for you.
514 Melody Dr, Amarillo, TX 79118 is a 3 bedroom, 3 bathroom, 2,839 sqft single-family home built in 1982. It last sold for $449,950 on May 12, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $541,600, with a rent estimate of $2,999/month.

Home Details for 514 Melody Dr

Interior Features

Heating & Cooling
Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
Interior Details
Types of Rooms: Dining Room
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Other

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Stone
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1982Year Updated: 1982
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
May 30, 2026
Source: AMMLS #25-4639
ListingRemoved
$570,000
May 9, 2026
Source: AMMLS #25-4639
Contingent
$570,000
Apr 20, 2026
Source: AMMLS #25-4639
PendingToActive
$570,000
Apr 11, 2026
Source: AMMLS #25-4639
Contingent
$570,000
Mar 12, 2026
Source: AMMLS #25-4639
Listed For Sale
$570,000

Market trends in Lake Tanglewood

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

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."

LGBTQ Local Legal Protections

Frequently asked questions about 514 Melody Dr

  • What is 514 Melody Dr estimated to be worth?
    Trulia's estimated value for 514 Melody Dr in Amarillo, TX is $541,600.
  • What is the price history for 514 Melody Dr?
    514 Melody Dr in Amarillo, TX last sold in May 2021.
  • Is Amarillo a buyer's or seller's market?
    Amarillo is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 514 Melody Dr?
    The closest schools to 514 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).
  • Does 514 Melody Dr have air conditioning?
    Yes, 514 Melody Dr in Amarillo, TX has air conditioning.
  • How big is the lot at 514 Melody Dr?
    The lot at 514 Melody Dr in Amarillo, TX is about 0.28 acres (12,196 sq ft).

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