The Spool Stockyards property is well located, being on the east side of Amarillo, Texas. This property is located inside of the Amarillo City Limits, with the primary access being by Eastern Street on the west and East 3rd Street on the south. East Amarillo Boulevard (St. Hwy 60) runs through the northeast corner of the property.

The Spool Stockyards Property has mostly level terrain, with a general slope to the east to a large low lying area on the east side of the property. A large earthen pond has been constructed in this area which will hold water in times of significant rainfall. This entire property is in grass, with the grass turf being in excellent condition.

This entire property is fenced. These fences are of steel T-post and barbed wire construction and are considered to be in fair condition. One livestock well is located on the west side of the property.

As mentioned above, the Spool Stockyards Property is located inside the Amarillo City Limits, with paved access frontage. This land is located in the industrial area of Amarillo, with some residential housing located within .5 of a mile.