935 E FM 1151, Amarillo, TX 79118-4224 (MLS# 26-1715)

935 E FM 1151, Amarillo, TX 79118-4224

$499,000

Property Type: Commercial Square Footage: 924 Status: Pending - Contingent

Current Price: $499,000 Last Modified: 7/20/2026

Overview

Description

Prime 5-Acre commercial opportunity with excellent highway frontage on FM-1151 (Claude Highway). Currently operating as the well-known ''Lone Star Bar & Grill'', this property carries a rich history dating back to the 1970s and offers strong visibility and accessibility. The site includes an additional rental office space and three shipping containers, providing supplemental income potential. With ample land, high traffic exposure, and a flexible layout, this property presents outstanding redevelopment or expansion opportunities. Ideal for investors, owner-operators, or future commercial development.

Listing Details MLS# 26-1715

Property Information

To Be Auctioned: No
Zone: 4000 - SE of Amarillo City Limits
Area: 4999 - All Others Not Identified
Realtor.COM Type: Commercial
Type: Business
Total SqFt. (+/-): 924
Square Foot Source: Appraisal District
List Price Per Sq. Ft.: 540.04
Year Built: 1978
Photos are Virtually Staged: No

Taxes and Legal Information

House #: 935
Street Direction Pfx: E
Street Name: FM 1151
State/Province: TX
Postal Code: 79118-4224
County: Texas
Legal: OSAGE ACRES # 1, LOT 020, BLK 0003, 5.0000 ACRES
Common Name: 935 E FM 1151
City: Amarillo

Contract Information

L/A Supervisor: Doug Eudey
Supervisor's Phone #: 806-433-8403
L/A Supervisor License Number: 625394-B
Under Contract Date: 2026-07-17
Directions: Located on FM 1151 (Claude highway) between Osage and Washington

Type of Business

Restaurant: Yes

Road Frontage

FM Road: Yes

Roof

Metal Roof: Yes

More Information

Construction

Metal Fab: Yes

Heating

Central Gas: Yes

Parking

Parking Lot: Yes

A/C

Evaporative Cooling: Yes

Ceiling Heights

8-10 ft: Yes

Floors

Cone Slab: Yes

Utilities Available

Electric: Yes
Gas: Yes
Private Water: Yes
Septic: Yes

Walls

Metal: Yes
Plaster: Yes

Property Features

Type of Business: Restaurant Construction: Metal Fab Parking: Parking Lot Road Frontage: FM Road Ceiling Heights: 8-10 ft Floors: Cone Slab Heating: Central Gas Utilities Available: Electric; Gas; Private Water; Septic Walls: Metal; Plaster Roof: Metal Roof

Listing Office: RockOne Realty, LLC

Listing Agent: Amarillo Team

Last Updated: July - 20 - 2026

Information deemed reliable but not guaranteed.