$350,000
NAL Estimated Property Value527 Avenue T, Shallowater, TX, 79363
$359,013 ARV
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Dishwasher, Exhaust Fan, Free-Standing Electric Range, Instant Hot Water, Microwave, Oven, Range Hood, Stainless Steel Appliance(s), Water Softener, Water Softener Owned, Electric Water Heater
FlooringCeramic Tile, Carpet
Exterior
Exterior FeaturesLighting, Private Yard, Storage
Lot Size9,375 sqft
Building Information
Year Built2014
Roof Type105
Garage Spaces2
Land Information
APNR322914
Lot Number140
SubdivisionDiamondhead Estates Iii
Land UseResidential
Legal DescriptionDIAMONDHEAD ESTATES III L 14
Census Tract010301
Assessed Land Value$45,500
Assessed Improvement Value$279,614
Assessment Year2025
About this property
Check out 527 Avenue T in Shallowater! This 3-bedroom, 2-bath and a basement, home offers a spacious layout with high ceilings and natural light throughout. Built in 2014 on a large lot, it features a brick exterior, central HVAC, and a flexible floor plan that's great for everyday living or hosting friends and family. Additionally, check out the 12x20 Tuff Shed in the backyard — perfect for extra storage or workspace.. Located in the Shallowater ISD and just a short drive to Lubbock, it's the perfect mix of small-town charm and convenience.
Investor Tools
$350,000
Estimated Property Value
$255,702Estimated Mortgage Balance
$94,298Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$359,012
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,241 /month
Positive
Cash Flow Estimate:
$747 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,244
$325,114
2025
$45,500
$279,614
$325,114
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,244
$325,114
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jfq Lending Inc
Conventional
$276,900
No
First
Apr 25, 2022
May 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,702
$94,298
26%
73%
$1,661/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,661/mo
$-236/mo
4.9%
