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$216,070

NAL Estimated Property Value

1403 6th St, Shallowater, TX, 79363

$280,891 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths3,102 Sq Ft
price_per_sqft$117.67 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,800 sqft

Building Information

Year Built1984
Roof Type105
Garage Spaces2

Land Information

APNR121581
Lot Number830
SubdivisionWindsong
Land UseResidential
Legal DescriptionWINDSONG L 83
Census Tract010302
Assessed Land Value$34,000
Assessed Improvement Value$182,070
Assessment Year2025

About this property

Located in Shallowater's Highland Heights, this property enjoys the peaceful quiet of a small town while also being conveniently close to Lubbock. Both sides of this duplex have three bedrooms and two bathrooms. This duplex presents an excellent opportunity for rental income or multi-generational living. Don't miss the chance to make this well-maintained property your own - schedule a showing today!

Investor Tools

Property Icon
$216,070
Estimated Property Value
$0Estimated Mortgage Balance
$216,070Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$280,891
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,679
$216,070
2025
$34,000
$182,070
$216,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,679
$216,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$216,070
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
N/A
+$1,017/mo
5.6%

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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1403 6th St | Property Details | No Agent List