This is a tremendous and rare investment opportunity in the Shallowater area at $65,000 per unit. Presenting an older triplex this property is has 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.
Great investment opportunity in the highly desirable small town of Shallowater reduced to $112,500 EACH! This property features four charming homes on a spacious lot, each offering two beds and one bath. With strong rental demand in this area, this is a perfect chance to own income producing properties being sold together in one package.
This is an investment property that includes 4 total manufactured homes. The rents are $650, $800, $850 and $875. The properties are all located on the same street and near each other making the property management convenient. These are all rented out. Located in the desired Shallowater school district, this is a good opportunity to add to your investment portfolio. This beats the 1% rule of yore.

Shallowater is located in Texas. Shallowater, Texas has a population of 2,893. Shallowater is more family-centric than the surrounding county with 34.12% of the households containing married families with children. The county average for households married with children is 31.73%.
The median household income in Shallowater, Texas is $65,764. The median household income for the surrounding county is $56,529 compared to the national median of $69,021. The median age of people living in Shallowater is 36.6 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 20.3 inches per year, with 8 inches of snow per year.