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$464,636

16208 N Fm 179, Shallowater, TX, 79363

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,333 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.31 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave

Exterior

Lot Size10.01 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR349510
Land UseRural Residence
Legal DescriptionBLK P SEC 13 AB 357 TR 5 OF W/2 AC: 10.01
Census Tract010301
Assessed Land Value$75,075
Assessed Improvement Value$389,561
Assessment Year2025

About this property

Come see this Beautiful New Construction home by H&M Construction and Design, LLC! Four bedrooms, two and a half baths, and office, and a two car garage! Home sits on 10.01 acres. Open concept kitchen and living area, with vaulted ceilings in the living. Kitchen has Quartz countertops, with subway tile backsplash. Spacious Pantry located just off the Kitchen. New Samsung appliances including built in combination oven/microwave, cook-top, and dishwasher. Vinyl in all common areas, tile bathrooms and laundry room, carpet in bedrooms. Walk in shower in master bath. Very Large Master Closet and Laundry Room. Deed restrictions allow horses. Private well and septic. No city taxes! Don't miss out!

Investor Tools

Property Icon
$464,636
Estimated Property Value
$441,750Estimated Mortgage Balance
$40,142Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,731
$464,636
2025
$75,075
$389,561
$464,636
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,731
$464,636

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mann Mortgage Llc
Conventional
$441,750
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,494
$40,142
8%
91%
$2,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$2,649/mo
$-977/mo
4.3%

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.

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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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16208 N Fm 179 | Property Details | No Agent List