Rachel Rooney Amarillo Real Estate Rachel Sells Amarillo

Neighborhood Information

Total Population 43,400
Male Population (48.0 %) 20,812
Female Population (52.0 %) 22,588
Percent Change Since 2000 -1.1 %
Percent Change Since 2010 3.0 %
Median Age 37.57
White Collar 11,685
Blue Collar 7,581
Total Households 19,450
Family Households 12,037
Non-family Households 7,413
Households With Children 5,993
Households Without Children 13,458
Average People Per Household 2.22
Education (Number of people who have achieved the following levels of education)
No High School 511
Some High School 1,533
Some College 9,404
Associate Degree 2,297
Bachelors Degree 6,135
Graduate Degree 3,187
Marital Status (Number of people who have the following marital status)
Never Married 8,963
Married 15,462
Separated 821
Widowed 750
Divorced 3,468
Average Household Income $66,084
Median Household Income $53,735
Median Income Under 25 $27,170
Median Income 25-44 $47,621
Median Income 45-64 $64,621
Median Income Over 65 $55,339
Percent Increase/Decrease in Income Since 2000 27.0 %
Percent Increase/Decrease in Income Since 2010 4.0 %
Average Household Net Worth $393,813
Median Home Sale Price $132,942
Sales Tax Rate 8.3 %
Sales Tax Type PL
Average Household Total Expenditure $52,077
Average High in January 51.00 °F
Average Low in January 20.00 °F
Average High in July 91.10 °F
Average Low in July 61.80 °F
Annual Precipitation 38.94 in.
Air Pollution Index 100
Other Amenities
Airport Rick Husband Amarillo International
Miles To Airport 11
Miles To Junior College 3
Miles To University 3
Sports Team Midland Rockhounds
Miles To Sports Team 220
The following values are represented as an index, where the value 100 represents the national average.
Below Average Above Average
Total Household Expenditure
Household Furnishings
Household Operations
Personal Care
The following values are represented as an index, where the value 100 represents the national average.
Below Average Above Average
Total Crime Risk
Personal Crime Risk
Murder Risk
Rape Risk
Robbery Risk
Assault Risk
Property Crime Risk
Burglary Risk
Larceny Risk
Automotive Theft Risk
Data on community demographi​cs provided by OnBoard LLC Copyright © OnBoard LLC. Informatio​n is deemed reliable but is not guaranteed​. All community demographi​cs data is for the year 2013 unless otherwise specified.​

Rachel Rooney GRI 806-220-7672

To enhance your buying and selling experience, it’s our job as real estate professionals to provide you with as much valuable information as possible. It is essential that the buyer or seller be aware of all aspects of the real estate market before making a major decision. Whether it be through newsletters, checklists or news articles, we are here to make this process stress-free and rewarding. Please access our free reports today!

information about brokerage services

Your Team

Your Agent
A successful purchase starts with the right representative. In fact, once you’ve selected the best agent to represent you, it is likely that he or she can recommend other professionals to join your team, taking more of the responsibility off of your shoulders.

Lender (Appraiser)
A bank is not just a bank. Having the right backer can be extremely important – it is your money we’re talking about after all! Make sure that your lender and financial representative is someone with whom you feel comfortable, and be wary of any lender who promises you more than you think you can reasonably afford. Your lenders may or may not require an independent appraisal, and typically will make arrangements for the appraisal themselves.

Your home purchase is far too important a transaction to skimp on legal representation at the risk of leaving yourself open to costly future issues. Find a lawyer who is willing to take the time to answer your questions and who specializes in real estate law.

Home Inspector
No home inspection is 100% guaranteed, but a few hundred dollars to catch a major problem now is certainly better than many thousands to correct that ‘surprise’ down the road. Ask your agent for a recommendation.

Planning some renovations? You’re not the only one! The home renovation industry is booming, and in some markets, booking a contractor must be done months in advance (that’s a long time to go without a kitchen). Don’t let finding the right contractor slip through the cracks – planning ahead will almost certainly make your renovation smoother, and you contractor will appreciate the advance notice. 

Your Plan

1.  Find the right representative

Even if you’re not quite ready to buy, your buyer’s agent can be an absolute wealth of information, and can often offer ‘scoops’ on local developments you might not have know about otherwise.  Speak to your agent first and he or she can be helping to guide you right from the start.

2.  Find out what your price range is
Online mortgage calculators are a good place to start, but as you get closer to being ready to buy, there is no substitute for a written mortgage pre-approval.  Just speaking to your lender is an extremely worthwhile venture – this is the only way to really get an in-depth picture of your overall financial picture and to discover exactly what you can reasonably afford to spend on a home (and possibly on renovating).

3.  Find out what your local market looks like
The internet can be incredibly valuable in doing preparatory research.  Start with your agent – he or she can direct you to valuable resources and immediately start e-mailing you real estate listings that may interest you (or at least give you a better idea of what your needs and wants are).

4.  Find out what your true needs and wants are
Compose a needs/wants list that takes into consideration your local market conditions, your price range, and the advice of your real estate agent.

5.  Find your dream home!
Once you’re ready to act, you may be surprised by how quickly you can make a decision.  Armed with your pre-approval, a little market knowledge, and your needs/wants list, call your real estate agent, hit the pavement, and when you see ‘the house’, put in an offer. 

With the right team behind you, it really can be that easy!

Your Calculator

Let us help you find out what you can afford! Our mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.

Required Fields
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
Estimate Insurance to 0.43% of Cost
Annual Property Tax:  $  
Estimate Tax to 1.2% of Cost
Monthly Income:  $
Monthly Debt:  $
Optional Fields
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $
  Receive this Detailed Analysis

Your Monthly Payments
Loan Amount:
Loan Insurance (%):
Total Loan (Mortgage) Amount:
Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:
What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:
Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %
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Featured Listings


Featured Listings


Our Listings

31 photos
8402 Shadywood Dr
$614,000 4,821 sq. ft. Residential
21 photos
6302 Isabella Dr
$449,900 3,233 sq. ft. Residential
1 photos
13020 Wilderness Trl
$444,900 2,650 sq. ft. Residential
1 photos
13201 Genevieves Way
$444,900 2,650 sq. ft. Residential
16 photos
9147 Yesterday Lane East
$294,900 2,117 sq. ft. Residential
1 photos
7451 Eastern St
$275,900 2,000 sq. ft. Residential
20 photos
2906 Bismarck Ave
$274,900 2,046 sq. ft. Residential
15 photos
2700 Nashville Ave
$274,900 2,140 sq. ft. Residential
19 photos
2909 Portland Ave
$274,900 2,046 sq. ft. Residential
1 photos
2803 Nashville Ave
$274,900 2,140 sq. ft. Residential
1 photos
2805 Nashville Ave
$274,900 2,140 sq. ft. Residential
16 photos
7303 City View Dr
$269,900 2,046 sq. ft. Residential
1 photos
2700 Westbrook Ave
$244,900 1,906 sq. ft. Residential
3 photos
6411 Nancy Ellen St
$219,900 1,808 sq. ft. Residential
26 photos
5208 Floyd Ave
$169,900 2,257 sq. ft. Residential

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