profile picture

Gaut Appraisal Blog

Fritch TX Real Estate Market and Appraisal Focus
September 24th, 2013 9:54 PM

Known as Fritch, America, this community lies in Carson and Hutchinson counties in the center of the Texas Panhandle. The area is a flat piece of land surrounded by canyons and draws made by the Canadian River. Amarillo is 30 miles south, southwest of the town, and Borger is 15 miles to the east.

Area Profile:

Image at
The town occupies 1.2 square miles. Lake Meredith, just outside of the community, is the main water source, although the city also utilizes the Ogallala Aquifer for the water supply. Lake Meredith is an artificial reservoir on the Canadian River, created by Sanford Dam. The Lake Meredith National Recreation Ares covers 10,000 acres and is one of the main attractions in the area. With five boat launch ramps, a marina, access for swimming, boating and fishing is easy. Lake Meredith is also a popular area for camping, hunting, and hiking.

The only National Monument in Texas is located in the Lake Meredith National Recreation Area. Alibates Flint Quarries National Monument in the red bluffs area of the Canadian River attracts a lot of public interest as well as archaeologists who have studied stone slab houses dating back to1200.

Community Profile:

Fritch is considered a bedroom community. Most of the residents find employment in Amarillo and Borger. Although the Texas panhandle area is known as an agriculture area, this unique city is a residential area of commuters. Unlike other towns in the area, Fritch does not rely on agriculture jobs. Although there are ranches on the outskirts of town, few farms are found because of the unique terrain.

The rate of unemployment recorded in March 2013 was 5.4%. The low rate compares to the state unemployment of 6.3%, and is well below the national average of 7.6%.Agrium, Pantex and CnocoPhillips are major employers of the area, all located nearby. The average commute time is 25 minutes.

The Sanford-Fritch Independent School district serves the community, with an elementary school, middle school and a high school. C H A M P School, in the Dumas Independent School District is another public school for grades 9-12, and has an enrollment of 45 students.

Real Estate Profile:

The mean price for housing units is $67,912. The real estate is a mixture of single home units, townhouses and mobile homes. The average price of a detached house is $67,912. Town houses, condominiums, and mobile homes average $34,000 to $ 39,000. The range of homes, however, is vast. A home appraisal will confirm market values of homes of all types and sales prices.

Amarillo TX Appraisal CompanyJohn B. Dudley, SRA is an SRA-designated commercial and residential appraiser, with 35 years experience. serving the Texas pandhandle, including Amarillo TX Canyon TX Hereford TX Pampa TX Dumas TX Panhandle TX Borger TX Claude TX Dalhart TX Friona TX.
Panhandle Real Estate Appraiser Search Subscribe Dumas TX Appraisal Pampa TX Appraiser RSS Share Share Search Commercial Appraiser - FHA - Estate Trust Legal Divorce Litigation Dispute Facebook Panhandle Appraisal Tax Appeal Assessment Challenge PMI Removal FSBO Mortgage Twitter

Posted in:General
Posted by John Dudley on September 24th, 2013 9:54 PMPost a Comment

Subscribe to this blog



My Favorite Blogs:

Sites That Link to This Blog: