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$608,151

NAL Estimated Property Value

6401 N County Road 1500, Shallowater, TX, 79363

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,615 Sq Ft
price_per_sqft$190.82 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

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, Instant Hot Water, Microwave

Exterior

Lot Size10.06 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces3

Land Information

APNR346703
Land UseResidential
Legal DescriptionBLK JS SEC 35 AB 366 TR C OF NE/4 AC: 10.06
Census Tract010301
Assessed Land Value$80,480
Assessed Improvement Value$527,671
Assessment Year2025

About this property

Back on Market after Sprinkler System was installed! Come see this beautiful new construction home by H&M Construction and Design, LLC! Located in Prestigious Shallowater ISD, on 10.01 acres. Deed restrictions allow horses. Three bedrooms and an Office! Three Separate Bathrooms. This home offers an isolated master suite with walk in shower and free standing tub. Separate Vanities and a walk in closet in the master. Spacious separate laundry room. Kitchen has attached walk in pantry. Granite countertops throughout. New Samsung appliances including: Range, microwave, and dishwasher. Vaulted ceiling in living, with fireplace in center. Spacious bedrooms and closets throughout. Three car Garage with Utility closet.

Investor Tools

Property Icon
$608,151
Estimated Property Value
$433,298Estimated Mortgage Balance
$174,853Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,649 /month
Positive
Cash Flow Estimate:
$1,216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,685
$608,151
2025
$80,480
$527,671
$608,151
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,685
$608,151

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$456,959
Yes
First
Jul 11, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$433,298
$174,853
28%
71%
$2,740/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$2,740/mo
$-1,068/mo
3.3%

City: Shallowater

6401 N County Road 1500 | Property Details | No Agent List