$135,000
NAL Estimated Property Value902 9th St, Shallowater, TX, 79363
Recently Sold
9/28/26
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesNone
Lot Size6,078 sqft
Building Information
Year Built1937
Roof Type105
Land Information
APNR72146
Lot Number200
SubdivisionRipley
Land UseResidential
Legal DescriptionRIPLEY BLK 23 TR 2 71.5X85'IN NE/CORNER
Census Tract010302
Assessed Land Value$10,000
Assessed Improvement Value$56,894
Assessment Year2025
About this property
Property is ready for its next owner and offers the opportunity to bring a personal vision to life. This 2-bedroom, 1-bath home offers 885 square feet of living space, a detached single-car garage, and a chain-link fenced backyard. The property is priced to reflect its current condition and provides an opportunity for thoughtful updates and improvements. With a practical footprint and room to make it your own, this home is ready for someone to see the possibilities and create a space that fits their vision.
Investor Tools
$135,000
Estimated Property Value
$53,639Estimated Mortgage Balance
$81,361Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,345
$66,894
2025
$10,000
$56,894
$66,894
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,345
$66,894
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Mortgage Maniac Llc
Conventional
$54,600
No
First
Aug 7, 2025
Sep 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,639
$81,361
60%
40%
$328/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$328/mo
+$689/mo
9.0%
