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  • About
    • Our Story
    • Leadership
    • Staff
    • 2026 Committees
    • Code Of Ethics
  • Find A REALTOR®
  • Property Search
  • Find An Open House
  • Amarillo Resources
    • Affiliates
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520 SE 24TH Avenue, Perryton, TX 79070-5204 (MLS# 26-3231)

520 SE 24TH Avenue, Perryton, TX 79070-5204

$745,000
Property Type: Commercial Square Footage: 37,030 Status: Active
Current Price: $745,000 Last Modified: 4/17/2026

Description

Broken Horn Steakhouse is positioned as a full-service steakhouse and event-oriented hospitality asset in Perryton, Texas. Based on the deal inputs previously provided, the offering is underwritten on an illustrative real estate price basis of $650,000 and trailing net operating income of approximately $71,000. On that basis, the implied real estate cap rate is approximately 10.9%, creating a compelling yield profile for investors seeking a small-market hospitality asset with in-place cash flow, owner-operator appeal, and potential upside through food and beverage optimization, events, and operating efficiencies. Business and Real Estate sold together.

More Information MLS# 26-3231

Property Information

Current Price: $745,000 List Price: $745,000 Zone: 7000 - All areas in the 7000's Area: 7230 - Perryton Status: Active Realtor.COM Type: Commercial Total SqFt. (+/-): 37030 Square Foot Source: Appr Measure List Price Per Sq. Ft.: 20.12 Year Built: 1970 Photos are Virtually Staged: No

Taxes and Legal Information

House #: 520 Street Direction Pfx: SE Street Name: 24TH Street Sfx: Avenue State/Province: TX Postal Code: 79070-5204 County: Ochlitree Legal: LOT 1 BLK 1 PERR CLUB

Contract Information

L/A Supervisor: Bill Chudej L/A Supervisor License Number: 331043 Directions: From Main St. turn right on Se 24th property is on the right.

Property Features

Type of Business: Restaurant Commercial Zoning: Light Commercial Construction: Brick Veneer
Listing Office: FIMC Commercial Realty
Listing Agent: Kirk Chudej
Last Updated: April - 17 - 2026
Information deemed reliable but not guaranteed.

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  • 5601 Enterprise Circle Amarillo, Texas 79106

  • 806 358 7736

  • info@amarillorealtors.org

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