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$367,000

NAL Estimated Property Value

1107 16th, Shallowater, TX

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.93 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,805 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces2

Land Information

APNR332629
Lot Number360
SubdivisionGarland Hohertz
Land UseResidential
Legal DescriptionGARLAND HOHERTZ L 36
Census Tract010302
Assessed Land Value$25,000
Assessed Improvement Value$326,310
Assessment Year2025

About this property

Gorgeous new construction home in Shallowater. This home features a soaring front entry way, cedar accents and patio space. There are 4 bedrooms, 2 full bathrooms and 1 half bathroom. Beuatiful flooring is laid throughout giving it a warm and cozy feel. The kitchen features a large granite island that opens up to the living room. You will love the floor to ceiling stone fireplace and bright windows throughout. Each bathroom has granite counters and bronzed hardware. You don't want to miss out on the incredible covered back patio! This space is ample in size, features cedar posts and tv wiring. A perfect space for entertaining or a peaceful West Texas sunset. Call today for your private tour of this lovely Shallowater home.

Investor Tools

Property Icon
$367,000
Estimated Property Value
$232,314Estimated Mortgage Balance
$134,686Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,456
$351,310
2025
$25,000
$326,310
$351,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,456
$351,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$245,000
No
First
Jul 24, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,314
$134,686
36%
63%
$1,469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,469/mo
+$203/mo
5.5%

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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1107 16th | Property Details | No Agent List