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    Shallowater, TX
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    Shallowater, TX Multifamily Properties for Sale

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    Lubbock, TX New Deal, TX Wolfforth, TX Anton, TX Abernathy, TX
    Leased Duplex with Two-Car Garages
    Updated: Mar 5
    Leased Duplex with Two-Car Garages

    1404 17th Street, Shallowater, TX 79363

    $345,000
    3,102 sqft 0.19 AC lot
    2021‑built Shallowater duplex with Unit A and Unit B, each featuring 3 bedrooms and 2 bathrooms
    Both units include 2‑car garage and are currently leased (Unit A through Jan 2027, Unit B through Jun 2026)
    Granite countertops in both kitchens and bathrooms
    Durable vinyl plank flooring throughout with no carpet
    Kitchen appliances include gas cooktop, gas oven, and microwave
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    This listing looks promising.

    Here's a quick look at some key insights for

    1404 17th Street, Shallowater, TX 79363

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $400K
      Above asking

    • Property Type

      Duplex
      Built 2021
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    Shallowater Investment Opportunity
    Updated: Oct 12, 2025
    Shallowater Investment Opportunity

    807 Avenue L, Shallowater, TX 79363

    $400,000
    3,328 sqft 0.41 AC lot
    Package includes four homes on one spacious lot, with each home offering 2 bedrooms and 1 bathroom
    Brick construction with central heating and central air conditioning
    Carport parking plus fenced property
    Public water and public sewer services
    Year built: 1960
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    Duplex with Two-Car Garages
    Duplex with Two-Car Garages

    1407 17th Street, Shallowater, TX 79363

    $345,000
    2,836 sqft 0.19 AC lot

    Well-designed duplex with two-car garages on each side, each featuring 3 bedrooms and 2 bathrooms.

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    Mobile Home Community For Sale
    Mobile Home Community For Sale

    7008 N County Road 1500, Shallowater, TX

    $795,000
    5.78 AC lot

    Mobile home community with 14 mobile homes and 2 residences.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Shallowater, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four Townhome Investment Package
    Four Townhome Investment Package

    5512 Kemper Street, Lubbock, TX 79416

    $700,000
    5,652 sqft 0.30 AC lot

    Four like-new townhomes built in 2022, with all units currently leased and configured as two 3-bedroom and two 2-bedroom homes.

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    Spacious Duplex with Modern Features
    Spacious Duplex with Modern Features

    1217 N Chicago Avenue, Lubbock, TX 79416

    $354,900
    2,942 sqft 0.17 AC lot

    Open concept duplex with updated kitchen and vinyl plank flooring.

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    Leased Townhome Investment Package
    Leased Townhome Investment Package

    5512 & 5514 Kemper Street, Lubbock, TX 79416

    $350,000
    2,826 sqft

    Built in 2022, this leased townhome package includes two units with attached garages and modern finishes.

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    Lubbock Duplex Near Texas Tech
    Lubbock Duplex Near Texas Tech

    1107 N Englewood Avenue, Lubbock, TX 79416

    $369,900
    2,890 sqft 0.23 AC lot

    One-story duplex near shopping, medical district, and Texas Tech.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    One Acre Lot in Anton
    One Acre Lot in Anton

    6861 N Bulldog, Anton, TX 79313

    $34,995
    1.00 AC lot

    One acre lot in Anton, Texas, near Lubbock.

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    Spacious Lots Near Airport I-27
    Spacious Lots Near Airport I-27

    305 E Quinn Street, Lubbock, TX 79403

    $53,000
    0.71 AC lot

    Two lots near airport and I-27, mobile homes allowed.

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    Vacant Corner Lot in Ralls
    Vacant Corner Lot in Ralls

    1305 Avenue P, Ralls, TX 79357

    Contact for pricing
    0.32 AC lot

    Corner lot suitable for building a home or placing a home.

    View details
    Crosbyton, TX City Lot
    Crosbyton, TX City Lot

    503 S Emerald Street, Crosbyton, TX 79322

    Contact for pricing
    0.16 AC lot

    City lot in Crosbyton, TX, mobile home allowed.

    View details

    Shallowater, TX Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Shallowater, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,266 square feet of properties for sale, with an estimated market value of $1,090,000.

    Sale prices for multifamily properties in Shallowater, TX start at $345,000, averaging $363,333, and reaching up to $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Mobile home & RV parks 1
    Quadplexes 1

    Demographics Overview

    Population 5,831
    Population Growth (5Y) +3.9%
    Median Household Income $93,320
    College Educated 42.8%

    High-Yield Neighborhoods for Investment

    Identify Shallowater submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79363 $358.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.95%
    Property Tax per SF $52.55 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lubbock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lubbock County

    Residential Income

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