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$535,000

13525 N F M 2378, Shallowater, TX, 79363

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,891 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$282.92 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size10.01 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR349768
Land UseRural Residence
Legal DescriptionBLK A SEC 131 AB 632 TR A1B B1B & BLK D SEC 13 AB 1287 TR 2B AC: 10.01
Census Tract010301
Assessed Land Value$80,080
Assessed Improvement Value$348,797
Assessment Year2025

About this property

Built in 2024, this stunning 4-bedroom, 2-bathroom home perfectly combines modern amenities with the freedom of West Texas country living. Situated on 10.01 acres at 13525 N FM 2378, this all-electric property offers endless possibilities for livestock, recreation, a home business, or simply enjoying the peace and privacy of wide-open space. Inside, you'll find a thoughtfully designed floor plan with Ethernet connections in every room and high-speed fiber internet available, making remote work, streaming, and gaming effortless. The home is move-in ready and designed for today's lifestyle without sacrificing the tranquility of rural living. A true standout is the impressive 45x60 shop, providing exceptional versatility for equipment, storage, hobbies, or business use. The shop features 30x40 of insulated workspace, a 45x20 covered lean-to with dirt flooring ideal for equipment, trailers, or livestock, and an attached 15x20 covered concrete patio that opens directly into the fenced backyard—perfect for entertaining, relaxing, or enjoying the outdoors. The property is serviced by a private well and septic system, offering efficiency and independence. You'll also find a chicken coop, making it easy to embrace a hobby farm or homestead lifestyle. Whether you're searching for a private retreat, a hobby farm, room to expand your business, or a place where your family can spread out and enjoy country living, this exceptional property delivers it all. With no deed restrictions, you'll have the freedom to use the property the way you choose, making this a rare opportunity to own a truly versatile piece of West Texas.

Investor Tools

Property Icon
$540,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,588Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

Interested in this property?

Michael Norsworthy

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,228
$428,877
2025
$80,080
$348,797
$428,877
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,228
$428,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Educators Fcu
Conventional
$303,920
No
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,412
$245,588
45%
55%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,823/mo
$-151/mo
3.7%

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.

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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