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$410,000

NAL Estimated Property Value

512 Avenue Q, Shallowater, TX, 79363

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,158 Sq Ft
price_per_sqft$145.97 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave, Water Softener, Water Softener Owned
FlooringCarpet, Laminate

Exterior

Lot Size34,429 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces3

Land Information

APNR138624
Lot Number60
SubdivisionDiamondhead Estates
Land UseResidential
Legal DescriptionDIAMONDHEAD ESTATES L 6
Census Tract010301
Assessed Land Value$62,000
Assessed Improvement Value$369,032
Assessment Year2025

About this property

Updated 4/3/3 home on 3/4 of an acre in SHallowater ISD. This home also includes a mother-in-law suite, office, plus a 20 x 30 insulated shop. Even though this home is located in Shallowater, it is has its own well. There are no city water or city taxes for the new owners of this property! The following is new withing the last two years: *New well pump *new water softener *new air conditioner *new carpets, *new tile *New laminate This is a highly sought after area in SHallowater ISD. Call for your showing today this home will not last long.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$257,821Estimated Mortgage Balance
$152,179Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,863
$397,620
2025
$62,000
$369,032
$431,032
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,863
$397,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$286,165
No
First
Mar 1, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,821
$152,179
37%
63%
$1,716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,716/mo
$-44/mo
4.9%

City: Shallowater

512 Avenue Q | Property Details | No Agent List