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$464,000

NAL Estimated Property Value

509 Avenue R, Shallowater, TX, 79363

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,190 Sq Ft
price_per_sqft$114.11 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Cooktop, Disposal, Double Oven, Dishwasher, Electric Cooktop, Free-Standing Electric Range, Free-Standing Range, Microwave, Water Heater
FlooringCarpet, Tile

Exterior

Lot Size33,000 sqft

Building Information

Year Built2004
Garage Spaces4

Land Information

APNR140781
Lot Number260
SubdivisionDiamondhead Estates
Land UseResidential
Legal DescriptionDIAMONDHEAD ESTATES L 26
Census Tract010301
Assessed Land Value$62,000
Assessed Improvement Value$390,393
Assessment Year2025

About this property

4/3/4 with basement and shop(25x33) on an acre lot. House has a private water well on property. Prime location in Shallowater but property is only yards outside the city limits(no city taxes=HUGE BONUS!). Immaculately maintained with numerous updates including granite countertops, new kitchen appliances, roof, partial fence, flooring in living room and hallway and air conditioner with a 10yr service contract.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$0Estimated Mortgage Balance
$464,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,942
$452,393
2025
$62,000
$390,393
$452,393
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,942
$452,393

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$464,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
N/A
+$1,672/mo
4.3%

City: Shallowater

509 Avenue R | Property Details | No Agent List