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    807 Avenue L Shallowater, TX 79363

    For Sale
    $485,000

    MULTI_FAMILY - Other - Shallowater, TX

    Property size:
    3,328 SF
    Lot size:
    0.41 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for 807 Avenue L

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 2
    Bedrooms
    8
    Bathrooms
    4
    APN
    R40425
    Parking features
    Carport
    Fencing
    Fenced
    Size
    3,328 SF
    Lot size
    0.41 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Exit Realty of Lubbock (806) 771-3900

    Listing agent Joanna Cunningham (806) 252-7801 License #0645128

    Listing date Oct 31, 2025

    MLS# 202561687 Listing URL

    Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shallowater Investment Opportunity

    This property presents an investment opportunity in Shallowater, Texas, featuring four homes situated on a 0.41-acre lot. Each home includes two beds and one bath. The combined property size is 3328 square feet. This property offers the potential for income generation in a desirable location.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Auto Repair Shop Daycare Center Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shallowater
    County
    Lubbock
    State
    Texas
    Longitude
    -101.992416
    Latitude
    33.690233

    Nearby Similar for Sale

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      Shallowater Triplex Investment Opportunity

      Triplex in high demand Shallowater area with solid rental history.
      510 Avenue G, Shallowater, TX 79363
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    FAQs

    What type of property is this?
    Quadplex - Four homes on a spacious lot in Shallowater, Texas.
    Where is this quadplex located?
    The property is located at 807 Avenue L Shallowater, TX.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: - Four income-producing properties being sold together.; - Located in the highly desirable small town of Shallowater.; - Strong rental demand in the area.
    (806) 252-7801
    Request Owner's contact information
    807 Avenue L Shallowater, TX 79363
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    Shallowater, TX 79363
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    807 Avenue L Shallowater, TX 79363
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