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$281,000

804 Avenue S, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.77 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Electric Range, Microwave

Exterior

Exterior FeaturesNone
Lot Size7,150 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR301643
Lot Number790
SubdivisionDiamondhead Estates Ii
Land UseResidential
Legal DescriptionDIAMONDHEAD ESTATES II L 79
Census Tract010301
Assessed Land Value$45,500
Assessed Improvement Value$228,637
Assessment Year2025

About this property

Welcome to this versatile 3-bedroom, 2-bath home with a 2-car garage, located in the highly desirable Shallowater ISD. Featuring an upstairs flex space that can be used as a fourth bedroom, game room, or home office, this home offers flexibility for a variety of lifestyles. Inside, you'll find an open-concept layout with spacious living areas and a comfortable primary suite. One of the bathrooms includes a walk-in shower and is ADA-accessible—ideal for added convenience and accessibility. The backyard is low-maintenance and manageable in size, perfect for those who prefer less upkeep. Located in a family oriented neighborhood within one of the area's most sought-after school districts, this home is full of potential and ready for your personal touch.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$278,007Estimated Mortgage Balance
$3,760Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,875
$274,137
2025
$45,500
$228,637
$274,137
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,875
$274,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Va
$278,007
Yes
First
Mar 24, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,240
$3,760
1%
99%
$1,368/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,368/mo
+$304/mo
7.1%

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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804 Avenue S | Property Details | No Agent List