$250,000
1411 6th St, Shallowater, TX, 79363
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Microwave
Exterior
Exterior FeaturesPrivate Yard
Lot Size11,700 sqft
Building Information
Year Built1984
Garage Spaces625
Land Information
APNR121458
Lot Number790
SubdivisionWindsong
Land UseResidential
Legal DescriptionWINDSONG L 79 & W/2 OF L 78
Census Tract010302
Assessed Land Value$36,000
Assessed Improvement Value$222,637
Assessment Year2025
About this property
Is Shallowater calling your name?? If so, you don't want to miss the most adorable, move-in ready home! This 3 bed, 2.5 BATH home will be perfect for the holidays! Beautiful tree lined street, inviting curb appeal, multiple living areas, and extra space for an office or playroom! Did I also mention the HUGE backyard and back porch for these most perfect fall evenings?? Don't miss the beautiful, moody fireplace in the formal dining/or living room off the kitchen! This home is cozy with tons of character-come see it!
Investor Tools
$161,570Estimated Mortgage Balance
$116,430Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,078
$258,637
2025
$36,000
$222,637
$258,637
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,078
$258,637
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Fha
$179,685
Yes
First
Jul 9, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,570
$116,430
41%
58%
$1,078/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,078/mo
+$347/mo
6.2%
