$475,000
NAL Estimated Property Value12419 N Fm 179, Shallowater, TX, 79363
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesRange, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Vinyl
Exterior
Lot Size1.81 acres
Building Information
Year Built2018
Roof Type105
Garage Spaces2
Land Information
APNR329301
Lot Number40
SubdivisionMgk Windmill Estates
Land UseSingle Family Residential
Legal DescriptionMGK WINDMILL ESTATES L 4
Census Tract010301
Assessed Land Value$29,000
Assessed Improvement Value$407,797
Assessment Year2025
About this property
Amazing property in Shallowater schools that offers space and updates. This home has special ceilings, beautiful curb appeal and a nice foam insulated shop with overhead door and covered patio areas. There are 4 bedrooms, 3 full bathrooms, a bonus room in this remarkable home. You won't want to miss this charming piece of country living.
Investor Tools
$475,000
Estimated Property Value
$331,165Estimated Mortgage Balance
$143,835Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,707
$436,797
2025
$29,000
$407,797
$436,797
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,707
$436,797
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$370,500
No
First
Nov 24, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,165
$143,835
30%
70%
$2,222/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$2,222/mo
$-550/mo
4.2%
