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$321,000

NAL Estimated Property Value

1303 8th St, Shallowater, TX, 79363

Recently SoldInfo
7/02/26
Beds4 Beds
Baths3 Bath
Baths2,276 Sq Ft
price_per_sqft$192 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Electric Range, Microwave, Washer/Dryer Stacked
FlooringLuxury Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesSmart Irrigation, Storage
Lot Size13,000 sqft

Building Information

Year Built1968
Roof Type105
Garage Spaces2

Land Information

APNR129623
Lot Number1480
SubdivisionWright Heights
Land UseResidential
Legal DescriptionWRIGHT HEIGHTS W20'OF L 148 & E80'OF 149
Census Tract010302
Assessed Land Value$36,000
Assessed Improvement Value$269,411
Assessment Year2025

About this property

Located in a beautiful, established neighborhood in Shallowater, this updated 4-bedroom, 2.5-bath home with a 2-car garage sits on 1/3 of an acre and is within walking distance of schools. Updates include plumbing, paint, flooring throughout, new HVAC, light fixtures, a fully remodeled kitchen, and a complete primary suite redo. The backyard is an entertainer's dream, featuring a spacious covered patio, pool with hot tub and tanning ledge, plus a board-on-board fence with concrete curbing. With plenty of space to add a shop, this property offers both comfort and functionality.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$237,696Estimated Mortgage Balance
$83,304Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,622 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,134
$305,411
2025
$36,000
$269,411
$305,411
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,134
$305,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$256,000
No
First
Aug 2, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,696
$83,304
25%
74%
$1,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,535/mo
$-110/mo
5.3%

City: Shallowater

1303 8th St | Property Details | No Agent List