Residential Income

Shallowater, TX Residential Income Properties for Sale

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6 properties
Duplex Portfolio with Expansion Lots
Updated: Aug 5
Duplex Portfolio with Expansion Lots

1304 Avenue F, Shallowater, TX 79363

$875,000
7,758 sqft 1.70 AC lot
Two duplexes and one triplex included
100% leased multifamily property
7,758 square feet of property improvements
1.7‑acre site with two additional lots for expansion
Built in 2002 with brick veneer construction
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Four-Unit Brick Quadplex
Updated: Aug 30
Four-Unit Brick Quadplex

807 Avenue L, Shallowater, TX 79363

$380,000
3,328 sqft 0.41 AC lot
Four homes offered together as one package
Each home includes 2 bedrooms and 1 bathroom
Combined property size of 3328 square feet
Situated on 0.41 acres at 807 Avenue L, Shallowater, TX 79363
Brick construction with central heating and central air
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Mobile Home Community
Mobile Home Community

7008 N C R 1500, Shallowater, TX 79363

$625,000
24,048 sqft

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

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Four-Home Multifamily Property
Four-Home Multifamily Property

807 Avenue L, Shallowater, TX 79363

$380,000
3,328 sqft

Package includes four residential units, each with a two-bedroom, one-bath layout.

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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

1404 17th Street, Shallowater, TX 79363

$335,000
3,102 sqft 0.19 AC lot

Both residences are leased and offer granite-finished kitchens, vinyl plank flooring, and private garage parking.

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Modern Duplex with Two-Car Garages
Modern Duplex with Two-Car Garages

1407 17th Street, Shallowater, TX 79363

$345,000
2,836 sqft 0.19 AC lot

Each unit includes three bedrooms, two bathrooms, and a two-car garage.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

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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Duplex with Granite Kitchens
Duplex with Granite Kitchens

1217 N Chicago Avenue, Lubbock, TX 79416

$354,900
2,942 sqft 0.17 AC lot

Modern duplex with open interiors, luxury vinyl plank flooring, private garages, and fenced outdoor space.

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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.

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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.

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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.

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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.

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Shallowater, TX Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Shallowater, TX, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 44,400 square feet of properties for sale, with an estimated market value of $2,940,000.

Sale prices for residential income properties in Shallowater, TX start at $335,000, averaging $490,000, 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

Multifamily properties 6
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 $513K

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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