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$74,000

902 9th St, Shallowater, TX, 79363

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths885 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.62 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
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

$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

Interested in this property?

Justin Waddell

Aycock Realty Group, LLC

ContactContact

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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%

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.

Explore Texas Explore This Area
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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902 9th St | Property Details | No Agent List