$309,000
NAL Estimated Property Value14220 N Fm 179, Shallowater, TX, 79363
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
FlooringCarpet
Exterior
Lot Size2.81 acres
Building Information
Year Built2010
Roof Type105
Garage Spaces2
Land Information
APNR94482
Lot Number66000
SubdivisionE L & R R Co Survey
Land UseResidential
Legal DescriptionBLK P SEC 31 AB 365 TR C2 AC: 2.809
Census Tract010301
Assessed Land Value$28,100
Assessed Improvement Value$238,323
Assessment Year2025
About this property
Don't miss this county home a 5/2.5/2 home with a basement and an office on 2.8 acres. Horse stalls, barn, new well and pump with well house. If you are looking for a rural home with access to small schools and a low property tax rate only minutes from city convenience, you have found it. The acreage extends off your back porch giving you plenty of space to spread out and enjoy country living while the spacious home offers so many extras that your family will love.
Investor Tools
$309,000
Estimated Property Value
$121,356Estimated Mortgage Balance
$187,644Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,494
$266,423
2025
$28,100
$238,323
$266,423
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,494
$266,423
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$130,000
No
First
Oct 27, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,356
$187,644
60%
39%
$780/mo
