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$288,000

NAL Estimated Property Value

805 Texas Ave, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,603 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.8 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Water Purifier, Water Purifier Owned, Water Heater
FlooringCarpet

Exterior

Lot Size12,000 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APNR37902
Lot Number300
SubdivisionRipley
Land UseResidential
Legal DescriptionRIPLEY BLK 22 TR C 100X120'IN SE/CORNER
Census Tract010302
Assessed Land Value$15,000
Assessed Improvement Value$276,299
Assessment Year2025

About this property

Beautiful, spacious home in desirable Shallowater! This well cared for home welcomes you with soaring mature trees. The living area features a cozy fireplace and a large center window that allows plenty of sunshine in. The kitchen features top of the line metal cabinets with build in drawers, lazy susan's and mixer stand. The dining area is large enough for all of your gatherings. All of the bedrooms feature huge closets and good space. The 3rd bathroom is wheelchair accessible. Roof is less than five years old. Great place to call home, call today! One of the top AAA school districts around!

Investor Tools

Property Icon
$288,000
Estimated Property Value
$177,662Estimated Mortgage Balance
$110,338Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,323
$174,533
2025
$15,000
$276,299
$291,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,323
$174,533

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintrust Mortgage
Va
$193,100
Yes
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,662
$110,338
38%
62%
$1,158/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,158/mo
+$267/mo
5.9%

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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805 Texas Ave | Property Details | No Agent List