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$483,000

NAL Estimated Property Value

8004 N County Road 1100, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,113 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10.02 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces563

Land Information

APNR340881
Land UseResidential
Legal DescriptionBLK D5 SEC 31 AB 349 TR F OF NW/4 ACS: 10.019
Census Tract010301
Assessed Land Value$8,000
Assessed Improvement Value$356,619
Assessment Year2025

About this property

This 10-acre tract of land is perfect for anyone ready to build their own West Texas oasis! It offers wide open spaces and is in the highly desirable Shallowater school district.

Investor Tools

Property Icon
$483,000
Estimated Property Value
$330,746Estimated Mortgage Balance
$152,254Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,898 /month
Positive
Cash Flow Estimate:
$966 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,096
$364,619
2025
$8,000
$356,619
$364,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,096
$364,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$350,000
No
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,746
$152,254
31%
68%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$2,099/mo
$-674/mo
3.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Shallowater

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8004 N County Road 1100 | Property Details | No Agent List