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$446,000

NAL Estimated Property Value

16924 N County Road 1200, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.22 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Range, Electric Water Heater

Exterior

Exterior FeaturesPrivate Entrance, Private Yard, Garden
Lot Size10.01 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR346644
Land UseResidential
Legal DescriptionBLK P SEC 7 AB 358 TR L OF SW/4 AC: 10.005
Census Tract010301
Assessed Land Value$75,038
Assessed Improvement Value$278,307
Assessment Year2025

About this property

Welcome to your private West Texas escape at 16924 N CR 1200 where modern construction meets fully functional country living. Built in 2023 and situated on approximately 10 acres, this like-new 3 bedroom, 2 bathroom, 2 car garage home offers the rare combination of move-in ready comfort and turn-key agricultural capability. The interior features an open-concept layout with durable wood-look flooring, neutral tones, and quality finishes throughout. The kitchen is designed for both everyday living and entertaining, seamlessly connecting to a spacious living area anchored by a brick fireplace and custom ceiling details. The isolated primary suite offers privacy and space, while the additional bedrooms are well-sized and versatile. Step outside and the property truly sets itself apart. Fully fenced with a pipe front entry, this land is ready for immediate use. Current and previous use includes cattle, horses, and chickens making it ideal for buyers seeking a small-scale ranch, homestead, or hobby farm. Improvements include a barn/shop, horse stalls, and a chicken coop, all positioned for functionality and ease of use. The property is serviced by a private well and septic system, offering independence and efficiency. Electrical has already been run to the front gate, providing the option to install an automatic gate opener or enhance the entry with lighting an added convenience and value feature not commonly found at this price point. The backyard area has been thoughtfully landscaped, creating a comfortable outdoor living space that contrasts beautifully with the open acreage beyond. There is ample room to expand whether adding additional structures, a garden, arena, or simply enjoying the wide-open space. This property delivers what buyers are actively searching for: newer construction, usable acreage, agricultural infrastructure, and future potential all in one package. Opportunities like this are limited, especially with improvements already in place.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$0Estimated Mortgage Balance
$446,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,680
$353,345
2025
$75,038
$278,307
$353,345
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,680
$353,345

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$446,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
3.8%

City: Shallowater