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$537,432

NAL Estimated Property Value

803 Avenue U, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,163 Sq Ft
price_per_sqft$252.92 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Luxury Vinyl, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters, Smart Irrigation
Lot Size13,500 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces3

Land Information

APNR342336
Lot Number320
SubdivisionDiamondhead Estates Iv
Land UseResidential
Legal DescriptionDIAMONDHEAD ESTATES IV L 32
Census Tract010301
Assessed Land Value$22,000
Assessed Improvement Value$515,432
Assessment Year2025

About this property

Welcome to this stunning custom-built home nestled in the heart of Shallowater, located within one of the area's most sought after school districts. Perfectly positioned for both convenience and community, this exceptional property offers the ideal blend of luxury, comfort, and functionality. Step inside to an inviting open-concept layout designed for effortless living and entertaining. The home features 3 spacious bedrooms and 3 full bathrooms in the main house, along with a large, oversized office that can easily serve as a fourth bedroom, flex space, or media room. A stylish bar area adds the perfect touch for hosting guests or relaxing at home. The private master suite is a true retreat, offering space, privacy, and comfort. Thoughtfully designed living areas flow seamlessly to the outdoors, where you'll find an extended oversized covered porch, perfect for enjoying West Texas evenings. The backyard is an entertainer's dream, complete with a sparkling pool and hot tub, plus a well-appointed pool house featuring a half bath, large closet, and its own additional garage, ideal for guests, hobbies, or extra storage. Additional highlights include an oversized two-car garage attached to the main house, a full sprinkler system, and quality custom finishes throughout. This one-of-a-kind property offers small-town charm with upscale amenities, don't miss your opportunity to own a true Shallowater gem.

Investor Tools

Property Icon
$537,432
Estimated Property Value
$454,797Estimated Mortgage Balance
$82,635Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,129/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,866
$537,432
2025
$22,000
$515,432
$537,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,866
$537,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$468,000
No
First
Oct 26, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,797
$82,635
15%
85%
$2,806/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$2,806/mo
$-1,381/mo
3.2%

City: Shallowater

803 Avenue U | Property Details | No Agent List