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Preforeclosure Homes in Shallowater, TX

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Shallowater, TX Foreclosures

How much do homes sell for in Shallowater, TX?
The average home price is currently $298,437.
In Shallowater, TX, how many homes are available?
There are currently 3 active home listings available in Shallowater.
What’s the average rental cost in Shallowater, TX?
The average rental price in Shallowater is $1,402.
What is the most expensive home in Shallowater?
The most expensive home sold in Shallowater had a price of $3,107,985.
What is currently the cheapest priced home in Shallowater, TX?
The cheapest home for sale in Shallowater is priced at $15,745.

Living in Shallowater, TX

Shallowater is a small town in Texas known for its friendly community and strong family values. The town offers a serene environment with easy access to larger urban amenities. Residents enjoy a blend of suburban tranquility with rural charm, making it an ideal place for families and those seeking a peaceful lifestyle.

Current Market Conditions in Shallowater, TX

Shallowater's real estate market is currently showcasing an upward trend, with property values appreciating steadily over the past few months due to increased demand from families looking for safer suburban areas. The average days on the market for homes have decreased as buyers are eager to settle in this welcoming community.

The market is particularly active among first-time homebuyers who are attracted to the relatively affordable prices compared to nearby Lubbock. Homes tend to sell quickly, with multiple offers becoming a common occurrence.

Home Value Estimator For Shallowater, TX

There are currently 2,428 real estate properties in Shallowater, TX, with a median automated valuation model (AVM) price of $247,788.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shallowater, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Shallowater, TX, is $298,437.00, with the most expensive house in Shallowater, TX, topping out at $3,107,985.00 and the cheapest home in Shallowater, TX, clocking in at $15,745.00. In other words, there’s something for every potential homebuyer or savvy investor in Shallowater, TX!

Rent Prices In Shallowater, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shallowater, TX, is on a rollercoaster ride. The average rent price in Shallowater, TX, is $1,402.00. Indeed, when looking to rent in Shallowater, TX, you can expect to pay as little as $630.00 or as much as $3,680.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Shallowater, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Shallowater, TX Preforeclosure Homes


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