This is a tremendous and rare investment opportunity in the Shallowater area. Presenting an older triplex unit that was renovated in 2017, this property is fully occupied with rents exceeding $2100 per month. Each unit boasts two bedrooms and one bath, featuring all low maintenance solid surface flooring consisting of original hardwood, vinyl and tile throughout. Central HVAC, laundry hookups in each unit. One building is equipped with a durable metal roof, while the other has a composition roof. With very limited rental units available in Shallowater, properties like this are always in high demand. Don't let this opportunity pass you by.
Looking for a great investment opportunity in Shallowater? This like-new duplex with two spacious 3/2/2 units could be the perfect fit! One side is vacant and ready for new occupants and the other side is rented to great tenants at $1,550/month on a month-to-month lease. Both units are in pristine condition and come with a fridge. High quality finishes throughout! Contact your favorite Realtor today to see it in person!
Shallowater is located in Texas. Shallowater, Texas has a population of 2,523. Shallowater is more family-centric than the surrounding county with 48.82% of the households containing married families with children. The county average for households married with children is 31.36%.
The median household income in Shallowater, Texas is $74,375. The median household income for the surrounding county is $49,078 compared to the national median of $57,652. The median age of people living in Shallowater is 37.7 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 22.3 degrees. The average rainfall is approximately 20.1 inches per year, with 8.8 inches of snow per year.