$293,700
NAL Estimated Property Value1401 16th, Shallowater, TX
$355,175 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,117 sqft
Building Information
Year Built2021
Roof Type105
Garage Spaces4
Land Information
APNR336732
Lot Number610
SubdivisionHighland Heights (Shall)
Land UseResidential
Legal DescriptionHIGHLAND HEIGHTS (SHALLOWATER) L 61
Census Tract010302
Assessed Land Value$43,000
Assessed Improvement Value$250,700
Assessment Year2025
About this property
Duplex under construction in Shallowater's newest subdivision, Highland Heights. Both sides are 3/2/2 with a bright open concept floorplan.
Investor Tools
$293,700
Estimated Property Value
$217,152Estimated Mortgage Balance
$76,548Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$355,174
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,970
$293,700
2025
$43,000
$250,700
$293,700
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,970
$293,700
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$241,500
No
First
Feb 18, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,152
$76,548
26%
74%
$1,448/mo
