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$264,000

NAL Estimated Property Value

16909 N Fm 179, Shallowater, TX, 79363

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,510 Sq Ft
price_per_sqft$85.1 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesRange, Dishwasher, Disposal, Free-Standing Range, Microwave
FlooringHardwood

Exterior

Lot Size3.31 acres

Building Information

Year Built1941
Roof Type105

Land Information

APNR32563
Lot Number70000
Land UseResidential
Legal DescriptionBLK P SEC 7 AB 358 BAL OF SE/4 AC: 3.31
Census Tract010301
Assessed Land Value$29,790
Assessed Improvement Value$121,471
Assessment Year2025

About this property

Fantastic Country Home on 3.3 acres! Horse property including a barn, horse stalls, and 100 x 200 arena with pipe fencing. This home has been updated. Beautifully remodeled kitchen that opens up to the family room. Additional living area could be used as an office, play room, or even an extra bedroom. Quaint front porch and huge back patio to sit and enjoy the gorgeous West Texas sunrises and sunsets. 2 very large bedrooms! The bathroom has been remodeled and features an extra large shower with a gorgeous glass door. Original hardwood floors have been completely refinished and truly shine! Located in Shallowater- Abernathy ISD. You don't want to miss this one!

Investor Tools

Property Icon
$264,000
Estimated Property Value
$216,729Estimated Mortgage Balance
$47,271Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$721
$151,261
2025
$29,790
$121,471
$151,261
No

Tax History

Year
Tax Paid
Assessed Value
2024
$721
$151,261

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$220,951
No
First
Apr 8, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,729
$47,271
17%
82%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$1,325/mo
$-308/mo
4.6%

City: Shallowater

16909 N Fm 179 | Property Details | No Agent List