$390,000
NAL Estimated Property Value16912 N County Road 1200 Road, Shallowater, TX, 79363
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size10.03 acres
Building Information
Year Built2022
Roof Type105
Garage Spaces2
Land Information
APNR343186
Land UseResidential
Legal DescriptionBLK P SEC 7 AB 358 TR I OF SW/4 AC: 10.033
Census Tract010301
Assessed Land Value$75,248
Assessed Improvement Value$295,274
Assessment Year2025
About this property
Welcome to your West Texas dream home located on 10 acres! Come take a look at this 3 bed, 2 bath, 2 car garage with fenced acreage for horses. This home is sure to impress with its modern updates and large back porch to enjoy West Texas evenings. Don't miss out on this move in ready home with all the updates.
Investor Tools
$390,000
Estimated Property Value
$335,809Estimated Mortgage Balance
$54,191Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,491
$370,522
2025
$75,248
$295,274
$370,522
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,491
$370,522
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Residential Wholesale Mortgage Inc
Fha
$343,406
Yes
First
Feb 27, 2025
Mar 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,809
$54,191
13%
86%
$2,059/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$2,059/mo
$-634/mo
4.4%
