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$650,000

7811 N County Road 1540, Shallowater, TX, 79363

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,908 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.67 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Bar Fridge, Built-In Refrigerator, Cooktop, Dryer, Disposal, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Freezer, Microwave, Oven, Washer, Washer/Dryer, Wine Refrigerator, Gas Water Heater
FlooringCeramic Tile, Carpet, Vinyl

Exterior

Exterior FeaturesAwning(s), Kennel, Lighting, Private Yard, RV Hookup
Lot Size6.26 acres

Building Information

Year Built1993
Roof Type105
Garage Spaces2

Land Information

APNR56392
Lot Number20100
SubdivisionLoma Cumbre Est
Land UseResidential
Legal DescriptionBLK D5 SEC 35 AB 318 TR 1 & 4 LOMA CUMBRE EST ACS: 6.26
Census Tract010301
Assessment Year2025

About this property

Turnkey Equestrian Estate on 6.26 Acres! Exceptional horse property designed for country living, equestrian pursuits, and livestock operations, just minutes from Shallowater and Lubbock. This beautifully remodeled property features a 6-stall horse barn, 8 turnouts, 5 cattle pens, pipe and split-rail fencing, RV hookups, a guest house, chicken coop, dog run, and ample space for horses, cattle, and other livestock. Whether you're seeking a working horse property, hobby ranch, or peaceful country retreat, this one is ready to go. Inside, the completely remodeled home blends modern comfort with timeless West Texas charm. Spacious living areas are highlighted by both indoor and outdoor fireplaces, creating inviting spaces for entertaining or relaxing while enjoying the wide-open views. Quality finishes and thoughtful updates make this home as functional as it is beautiful. The well-designed equestrian facilities provide everything needed for horse enthusiasts, while the guest house offers exceptional flexibility for multigenerational living, visiting guests, a home office, or potential rental income. RV hookups provide additional convenience for family, friends, or travel accommodations. From sunrise rides to evenings around the outdoor fireplace, this property delivers the lifestyle buyers dream about. Offering outstanding horse facilities, livestock improvements, and a beautifully updated home, this rare West Texas country estate combines privacy, functionality, and convenience in one exceptional package.

Investor Tools

$267,611Estimated Mortgage Balance
$425,471Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Chelsea Timmens

Home Grown Real Estate Co.

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,988
$274,983
2025
N/A
N/A
$283,095
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,988
$274,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$300,000
No
First
Oct 13, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,611
$474,389
63%
39%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$1,799/mo
$-782/mo
1.8%

City: Shallowater

7811 N County Road 1540 | Property Details | No Agent List