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    Shallowater, TX
    Residential Income

    Shallowater, TX Residential Income Properties for Sale

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    Lubbock, TX New Deal, TX Wolfforth, TX Anton, TX Abernathy, TX
    Duplex with Private Yard
    Updated: Mar 5
    Duplex with Private Yard

    1404 17th Street, Shallowater, TX 79363

    $345,000
    3,102 sqft 0.19 AC lot
    Unit A leased through January 2027 and Unit B leased through June 2026
    Three bedrooms and two bathrooms per unit, plus a two‑car garage
    Vinyl plank flooring throughout with no carpet
    Granite countertops in both kitchens and bathrooms
    0.19‑acre lot and 3,102 SF total size
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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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    Brick Quadplex with Four Units
    Updated: Oct 12, 2025
    Brick Quadplex with Four Units

    807 Avenue L, Shallowater, TX 79363

    $400,000
    3,328 sqft 0.41 AC lot
    Four homes on one lot, each with two bedrooms and one bathroom
    0.41‑acre lot
    3,328 SF total property size
    Brick construction; built in 1960
    Central heating and central air conditioning
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    Mobile Home Community
    Mobile Home Community

    7008 N C R 1500, Shallowater, TX 79363

    $635,000
    24,048 sqft

    Income-producing residential community with mobile homes, a single-family residence, and R-1 zoning.

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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

    Modern Duplex Investment Property
    Modern Duplex Investment Property

    5506 Itasca St, Lubbock, TX 79416

    $375,000
    3,054 sqft

    Built in 2021, this 6-bedroom duplex offers two units with attached two-car garages and vinyl flooring throughout.

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    Fully Leased Duplex With Two Garages
    Fully Leased Duplex With Two Garages

    5523 Itasca St, Lubbock, TX 79416

    $370,000
    2,842 sqft

    Duplex includes two fully leased units, each with three bedrooms, three bathrooms, and a two-car garage.

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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
    One-Story Duplex with Garage
    One-Story Duplex with Garage

    1107 N Englewood Avenue, Lubbock, TX 79416

    $369,900
    2,890 sqft 0.23 AC lot

    Clean one-story duplex with garage parking and central electric HVAC, with dishwasher-equipped kitchens on each side.

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    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.

    Residential Land in Shallowater, TX
    Residential Land in Shallowater, TX

    8026 County Rd 6045, Shallowater, TX 79363

    $97,500
    1.00 AC lot

    One-acre residential lots in a thoughtfully designed community.

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    Spacious Lot in Shallowater, TX
    Spacious Lot in Shallowater, TX

    8022 County Rd 6045, Shallowater, TX 79363

    $97,500
    1.00 AC lot

    One-acre lot in a thoughtfully designed residential community.

    View details
    Spacious Lot in Shallowater, TX
    Spacious Lot in Shallowater, TX

    8018 County Rd 6045, Shallowater, TX 79363

    $97,500
    1.00 AC lot

    One-acre lot in a thoughtfully designed residential community.

    View details
    Spacious Lot in Shallowater, TX
    Spacious Lot in Shallowater, TX

    8030 County Rd 6045, Shallowater, TX 79363

    $99,500
    1.16 AC lot

    Luxury 1-acre lot in a thoughtfully designed residential community.

    View details

    Shallowater, TX Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Shallowater, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 33,314 square feet of properties for sale, with an estimated market value of $1,725,000.

    Sale prices for residential income properties in Shallowater, TX start at $345,000, averaging $431,250, and reaching up to $635,000 — 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

    Multifamily properties 5
    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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