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$395,000

NAL Estimated Property Value

505 Avenue V, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,074 Sq Ft
price_per_sqft$185.63 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Indoor Grill, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,020 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR342350
Lot Number30
SubdivisionDiamondhead Estates
Land UseResidential
Legal DescriptionDIAMONDHEAD ESTATES V L 3
Census Tract010301
Assessed Land Value$22,000
Assessed Improvement Value$294,394
Assessment Year2025

About this property

Welcome to your dream home! Built by Jay Brown Construction and located in the desirable Shallowater ISD, this exquisite new construction boasts timeless design and modern functionality. The grand entry showcases a stunning tall fireplace and elegant ceiling beam, creating a warm and inviting ambiance. The open-concept layout features a spacious kitchen with a walk-in pantry, a mud bench conveniently placed near the garage, and an office nook perfect for work or study. The master suite is a private haven, offering a luxurious bathroom with a large soaking tub designed for ultimate relaxation. Prepped for your convenience, this home includes wiring for a security system, plumbing for a water softener, and a fully finished yard with a fence, sprinkler system, and lush sod. Don't waitthis gem is ready to welcome you home!

Investor Tools

Property Icon
$395,000
Estimated Property Value
$0Estimated Mortgage Balance
$395,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,607
$316,394
2025
$22,000
$294,394
$316,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,607
$316,394

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$395,000
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
4.3%

City: Shallowater

505 Avenue V | Property Details | No Agent List