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Preforeclosure Homes in Shallowater, TX

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Shallowater, TX Foreclosures

Current Market Conditions in in Shallowater, TX As of June 2026?
Home values: +0.71% MoM; rent: +0.00% MoM.
How much do homes sell for in Shallowater, TX?
The average home price is currently $298,292.
In Shallowater, TX, how many homes are available?
There are currently 5 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 $2,821,326.
What is currently the cheapest priced home in Shallowater, TX?
The cheapest home for sale in Shallowater is priced at $15,620.

Living in Shallowater, TX

Shallowater, TX is a small South Plains community northwest of Lubbock, known for its school-centered atmosphere, larger-lot residential options, and convenient access to Texas Tech, medical centers, shopping, and employment in the Lubbock metro area.

Buyer vs Seller Market in Shallowater, TX

Median home value: $249,209 as of 2026-05-14.

Median rent: $1,300 as of 2026-05-14.

Home values: +0.71% MoM, +9.78% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Shallowater, TX

There are currently 2,430 real estate properties in Shallowater, TX, with a median automated valuation model (AVM) price of $249,209.00. 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 $298,292.00, with the most expensive house in Shallowater, TX, topping out at $2,821,326.00 and the cheapest home in Shallowater, TX, clocking in at $15,620.00. 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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