$216,070
NAL Estimated Property Value1403 6th St, Shallowater, TX, 79363
$280,891 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
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
$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
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%
