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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 Anton, TX Wolfforth, TX Abernathy, TX Levelland, TX
    Two-Unit Duplex with Garages
    Updated: Mar 5
    Two-Unit Duplex with Garages

    1404 17th Street, Shallowater, TX 79363

    $335,000
    3,102 sqft 0.19 AC lot
    Two‑unit duplex totaling 3,102 square feet on 0.19 acres
    Each unit includes 3 bedrooms, 2 bathrooms, and a 2‑car garage
    Unit A leased through January 2027; Unit B leased through June 2026
    Built in 2021 with brick construction and composition roofing
    Vinyl plank flooring throughout with no carpet
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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

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $400K
      Above asking

    • Property Type

      Duplex
      Built 2021
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    Leased Multifamily Property with Expansion Land
    Updated: Aug 5
    Leased Multifamily Property with Expansion Land

    1304 Avenue F, Shallowater, TX 79363

    $875,000
    7,758 sqft 1.70 AC lot
    Two duplexes and one triplex create a seven‑unit multifamily property
    Units are 100% leased
    7,758 square feet of building area on 1.7 acres
    Two additional lots included for expansion
    Built in 2002 with brick veneer construction and composition roofing
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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    807 Avenue L, Shallowater, TX 79363

    $380,000
    3,328 sqft 0.41 AC lot

    The property combines brick construction, central heating and cooling, carports, and a fenced lot.

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    Mobile Home Community
    Mobile Home Community

    7008 N C R 1500, Shallowater, TX 79363

    $630,000
    24,048 sqft

    R-1-zoned community with mobile homes and a single-family residence in Shallowater.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with Outdoor Kitchen
    Duplex with Outdoor Kitchen

    1407 17th Street, Shallowater, TX 79363

    $345,000
    2,836 sqft 0.19 AC lot

    Duplex built 2022 with outdoor kitchen, patio, fenced yard, central natural gas heat, and central air conditioning.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Shallowater, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Two-Unit Duplex Property
    Two-Unit Duplex Property

    5502 Itasca St, Lubbock, TX 79416

    $370,000
    2,842 sqft

    Built in 2021, this duplex offers two three-bedroom, three-bath residential units.

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    2-Unit Duplex Built in 2021
    2-Unit Duplex Built in 2021

    5508 Itasca St, Lubbock, TX 79416

    $385,000
    3,079 sqft

    Two residential units offer flexible occupancy or rental use in a recently constructed property.

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    Open-Concept Duplex
    Open-Concept Duplex

    1217 N Chicago Avenue, Lubbock, TX 79416

    $354,900
    2,942 sqft 0.17 AC lot

    Spacious open-concept duplex built in 2020 with a modern kitchen, granite counters, and central heating and cooling.

    View details
    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    1107 N Englewood Avenue, Lubbock, TX 79416

    $369,900
    2,890 sqft 0.23 AC lot

    Brick duplex with central HVAC, private garages, and one vacant unit for immediate occupancy.

    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.

    View details
    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.

    View details

    Shallowater, TX Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Shallowater, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 41,072 square feet of properties for sale, with an estimated market value of $2,565,000.

    Sale prices for multifamily properties in Shallowater, TX start at $335,000, averaging $513,000, and reaching up to $875,000 — 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
    Triplexes 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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