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$586,703

NAL Estimated Property Value

12701 N Fm 179, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.52 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Double Oven, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Water Softener, Water Softener Owned
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size1.50 acres

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR331087
SubdivisionMgk Windmill Estates
Land UseResidential
Legal DescriptionMGK WINDMILL ESTATES TR G
Census Tract010301
Assessed Land Value$24,000
Assessed Improvement Value$562,703
Assessment Year2025

About this property

This gorgeous, spacious country home sitting on 1.5 acres is now available. Located in Shallowater School District, this custom home has many features including a large mud/utility room with lockers, an additional game room/living area, walk in pantry, separate breakfast area, office with built-ins, half bath opening up to the patio, an insulated 30X40 shop and a heated 18X36 pool with hot tub. Tons of space with a view of beautiful sunsets and sunrises.

Investor Tools

Property Icon
$586,703
Estimated Property Value
$189,644Estimated Mortgage Balance
$397,059Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,497 /month
Positive
Cash Flow Estimate:
$1,499 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,077/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,991
$586,703
2025
$24,000
$562,703
$586,703
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,991
$586,703

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$200,000
No
First
Jul 25, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,644
$397,059
67%
32%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,200/mo
+$225/mo
2.9%

City: Shallowater

12701 N Fm 179 | Property Details | No Agent List