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$295,000

1429 15th St, Shallowater, TX, 79363

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.92 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Range, Range Hood
FlooringLuxury Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,750 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APNR350672
SubdivisionHighland Heights (Shall)
Land UseSingle Family Residential
Legal DescriptionHIGHLAND HEIGHTS (SHALLOWATER) L 84
Census Tract010302
Assessed Land Value$30,100
Assessed Improvement Value$261,776
Assessment Year2025

About this property

There's nothing quite like the feeling of walking into a brand-new home and knowing you get to be the very first to make it yours. This beautifully crafted new construction by Frazier Custom Homes offers over 1,600 square feet with 3 bedrooms, 2 bathrooms, a 2-car garage, and custom details that make this home feel anything but ordinary. Step inside to a spacious living room anchored by a beautiful fireplace—the perfect place for cozy evenings, family time, or gathering with friends. Thoughtful design, beautiful selections, and a well-planned layout flow throughout the home, while the nice-sized pantry gives you plenty of room to keep the kitchen organized and ready for everyday life. Located in Highland Heights near Shallowater High School, this home gives you the opportunity to enjoy new construction in highly sought-after Shallowater ISD. A beautiful new home. A wonderful location. And a blank canvas ready for your story. Come experience this Frazier Custom Home in person—you just might fall in love the moment you walk through the door.

Investor Tools

$0Estimated Mortgage Balance
$380,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

Interested in this property?

Christy Jolly

Exit Realty of Lubbock

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$679
$291,876
2025
$30,100
$261,776
$291,876
No

Tax History

Year
Tax Paid
Assessed Value
2025
$679
$291,876

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$380,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
N/A
+$1,672/mo
5.3%

City: Shallowater

1429 15th St | Property Details | No Agent List