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    Property profile & analytics

    422 Ave E Ave Shallowater, TX 79363-5747

    • Office buildings
    • 880 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Sep 19, 2023
    Location Intelligence
    Property ID
    US82-8424204
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 422 Ave E Ave

    Year built
    1943
    Lot size
    1.40 lot acres
    Property size
    880 SF
    Zone code
    14
    Property type
    Office buildings
    APN
    R74719
    APU
    R74719

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shallowater
    County
    Lubbock
    State
    Texas
    Longitude
    -102
    Latitude
    33.6863
    CBSA code
    31180
    CBSA name
    LUBBOCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,797
    $22,400
    $184,827
    $207,227
    -
    $22,400
    $184,827
    $207,227

    Comparable in this City

    • Value Estimation by Request
      527 SF

      405 Ave E Ave

      OFFICE BUILDING • 527 SF
      405 Ave E Ave, Shallowater, TX 79363-5754
      View Details
    • Value Estimation
      $295,000
      2,516 SF

      708 7th St

      OFFICE BUILDING • 2,516 SF
      708 7th St, Shallowater, TX 79363
      View Details
    • Value Estimation
      $335,000
      2,800 SF

      502 Ave H H

      OFFICE BUILDING • 2,800 SF
      502 Ave H H, Shallowater, TX 79363
      View Details
    • Value Estimation by Request
      386 SF

      701 Clovis Rd

      OFFICE BUILDING • 386 SF
      701 Clovis Rd, Shallowater, TX 79363-4758
      View Details
    • Value Estimation by Request
      565 SF

      8605 Hwy 84

      OFFICE BUILDING • 565 SF
      8605 Hwy 84, Shallowater, TX 79363-3402
      View Details
    • Value Estimation
      $320,000
      2,800 SF

      709 7th St

      OFFICE BUILDING • 2,800 SF
      709 7th St, Shallowater, TX 79363-4747
      View Details

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    Shallowater, TX 79363-5747
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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
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