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$195,000

1316 6th St, Shallowater, TX, 79363

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,438 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.61 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size7,200 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APNR127876
Lot Number1080
SubdivisionWright Heights
Land UseResidential
Legal DescriptionWRIGHT HEIGHTS L 108
Census Tract010302
Assessed Land Value$34,000
Assessed Improvement Value$168,784
Assessment Year2025

About this property

Welcome to 1316 6th Street in Shallowater—a beautifully remodeled 3-bedroom, 2-bathroom home offering 1,438 square feet of updated living space. Every detail has been carefully renovated, creating a move-in-ready home that perfectly blends modern finishes with everyday comfort. Step inside to an inviting living room featuring vaulted ceilings, recessed lighting, and an open, airy feel that's perfect for entertaining or relaxing with family. The kitchen is complete with granite countertops, updated cabinetry, and plenty of prep space, making it both functional and stylish. Both bathrooms have been beautifully updated with tile showers and modern fixtures. Throughout the home, you'll find fresh updates, contemporary touches that make this home truly stand out. Outside, the property offers a 2-car garage, a spacious yard, and is conveniently located in the highly desirable Shallowater ISD, just minutes from schools, parks, and local amenities. If you've been searching for a home in Shallowater, 1316 6th Street is one you won't want to miss!

Investor Tools

Property Icon
$208,000
Estimated Property Value
$150,545Estimated Mortgage Balance
$47,087Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

Interested in this property?

Chloe Jones

Brick & Loft Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,575
$202,784
2025
$34,000
$168,784
$202,784
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,575
$202,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$12,036
Yes
First
Apr 6, 2021
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,913
$47,087
22%
77%
$976/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$976/mo
+$449/mo
8.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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