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5005 Lexington Square
Amarillo, TX 79119
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$499,000
935 E FM 1151
Amarillo, TX 79118-4224
MLS# 26-1715
924 sqft
Front
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Front Front Car port Patio Back view Drain Field Grill area West side Dinning Bar Dinning Dinning Dinning Side dinning area Kitchen Kitchen Sink Ice Machine Kitchen Office & Containers Office Building Office building Lot Back view of office bldg Aerial from FM 1151 Aerial of FM 1151 Aerial of front Front Office Building Storage Containers View from rear of property View From rear of property view of back of property

Property 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.

Details
Contract Information
L/A Supervisor: Doug Eudey
Supervisor's Phone #: 806-433-8403
L/A Supervisor License Number: 625394-B
Directions: Located on FM 1151 (Claude highway) between Osage and Washington
Property Information
To Be Auctioned: No
Zone: 4000 - SE of Amarillo City Limits
Photos are Virtually Staged: No
Realtor.COM Type: Commercial
Type: Business
Square Foot Source: Appraisal District
List Price Per Sq. Ft.: 540.04
Current Price: $499,000
List Price: $499,000
Area: 4999 - All Others Not Identified
Status: Active
Total SqFt. (+/-): 924
Year Built: 1978
Taxes and Legal Information
City: Amarillo
Legal: OSAGE ACRES # 1, LOT 020, BLK 0003, 5.0000 ACRES
Common Name: 935 E FM 1151
House #: 935
Street Direction Pfx: E
Street Name: FM 1151
State/Province: TX
Postal Code: 79118-4224
County: Texas
Type of Business
Restaurant: 1
Road Frontage
FM Road: 1
Roof
Metal Roof: 1
Construction
Metal Fab: 1
Heating
Central Gas: 1
Parking
Parking Lot: 1
A/C
Evaporative Cooling: 1
Ceiling Heights
8-10 ft: 1
Floors
Cone Slab: 1
Utilities Available
Electric: 1
Gas: 1
Private Water: 1
Septic: 1
Walls
Metal: 1
Plaster: 1
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: February - 25 - 2026

Information deemed reliable but not guaranteed.

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