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$117,000

10108 Fm 2641, Shallowater, TX, 79363

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10.01 acres

Land Information

APNR338476
Land UseResidential
Legal DescriptionBLK JS SEC 38 AB 1087 TR 4 OF W/2 AC: 10.01
Census Tract010301
Assessed Land Value$80,080
Assessment Year2025

About this property

Nestled in the serene surroundings of Shallowater, this expansive 10-acre lot offers the perfect canvas to build your dream home. With gas lines and power lines already in place and ready to connect, the property is primed for development. Enjoy the tranquility and open space while being conveniently close to local amenities. This land provides an excellent opportunity to create a custom residence tailored to your preferences in a peaceful, rural setting

Investor Tools

Property Icon
$117,000
Estimated Property Value
$414,800Estimated Mortgage Balance
$0Estimated Equity
-255% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$702 /month
Positive
Cash Flow Estimate:
$234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,355
$80,080
2025
$80,080
N/A
$80,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,355
$80,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Building Or Construction Loan
$414,800
No
First
Jun 17, 2025
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,116
N/A
0%
349%
$2,487/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Shallowater

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10108 Fm 2641 | Property Details | No Agent List