Real Estate Investment Properties for Sale in Shallowater, TX

Looking for investment property in Shallowater, TX with high ROI ?

Explore a variety of short-term homes & houses in Shallowater, TX. Invest wisely with VRBO & Shallowater, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Shallowater, TX

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
707 12th St Shallowater, TX Don't miss the chance to own this rare beauty in a coveted area! Situated on a half-acre l...	3 beds \| 2 baths \| 1,990 sq.ft.	$314,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 6.09% Airbnb Rental Income: $841 Traditional Rental Income: $2387 Airbnb ROI: -0.24% Traditional ROI: 6.09%
832 Avenue T Shallowater, TX Welcome to 832 Avenue T - a beautifully updated home located in one of the area's most cov...	3 beds \| 4 baths \| 3,145 sq.ft.	$646,000	Airbnb cash on cash: -1.81% Traditional cash on cash: 2.67% Airbnb Rental Income: $841 Traditional Rental Income: $3209 Airbnb ROI: -1.81% Traditional ROI: 2.67%
1401 11th St Shallowater, TX Welcome to this exceptional Energy Star-certified home, perfectly positioned on a desirabl...	4 beds \| 2 baths \| 3,283 sq.ft.	$450,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 1.62% Airbnb Rental Income: $2824 Traditional Rental Income: $1886 Airbnb ROI: 2.28% Traditional ROI: 1.62%
8117 County Rd 6220 Shallowater, TX Welcome to this striking Mediterranean-style home offering over 5,000 square feet of thoug...	4 beds \| 5 baths \| 5,068 sq.ft.	$1,800,000	Airbnb cash on cash: -0.65% Traditional cash on cash: -0.46% Airbnb Rental Income: $2824 Traditional Rental Income: $2484 Airbnb ROI: -0.65% Traditional ROI: -0.46%
712 11th St Shallowater, TX Welcome home! Amazing space for the money, don't miss out on this one. Just under 3300 squ...	4 beds \| 3 baths \| 3,294 sq.ft.	$279,500	Airbnb cash on cash: 4.7% Traditional cash on cash: 6.8% Airbnb Rental Income: $2824 Traditional Rental Income: $2720 Airbnb ROI: 4.7% Traditional ROI: 6.8%
8210 County Road 5860 Shallowater, TX Fully remodeled 1983 mobile home featuring updated interiors and a meticulously maintained...	3 beds \| 2 baths \| 1,064 sq.ft.	$110,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 10.35% Airbnb Rental Income: $841 Traditional Rental Income: $1326 Airbnb ROI: 2.71% Traditional ROI: 10.35%
11201 N County Road 1440 Shallowater, TX Commercial AND/OR residential - NOT JUST A BARNDOMINIUM!!!! 15.5 APPROX TOTAL ACREAGE IN T...	4 beds \| 3 baths \| 5,876 sq.ft.	$1,200,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 1.26% Airbnb Rental Income: $2824 Traditional Rental Income: $3699 Airbnb ROI: -0.12% Traditional ROI: 1.26%
11801 County Road 6400 #B Shallowater, TX 3-bed, 2-bath, 2-car garage home sits on 1 acre & is located in Frenship ISD. Large open l...	3 beds \| 2 baths \| 1,565 sq.ft.	$299,500	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.5% Airbnb Rental Income: $841 Traditional Rental Income: $1889 Airbnb ROI: -0.38% Traditional ROI: 4.5%
8009 F M 2641 Shallowater, TX This prestigious Legacy Ranch Estate in the highly sought after city of Shallowater is unl...	4 beds \| 5 baths \| 13,274 sq.ft.	$2,500,000	Airbnb cash on cash: -1.2% Traditional cash on cash: -0.2% Airbnb Rental Income: $2824 Traditional Rental Income: $4469 Airbnb ROI: -1.2% Traditional ROI: -0.2%
13630 N F M 179 Shallowater, TX Spacious West Texas property just minutes from Lubbock in Shallowater ISD! This beautiful ...	3 beds \| 2 baths \| 3,046 sq.ft.	$625,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 1.17% Airbnb Rental Income: $841 Traditional Rental Income: $2045 Airbnb ROI: -1.46% Traditional ROI: 1.17%
807 Avenue L Shallowater, TX Great investment opportunity in the highly desirable small town of Shallowater reduced to ...	8 beds \| 4 baths \| 3,328 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.74% Airbnb Rental Income: $null Traditional Rental Income: $3775 Airbnb ROI: N/A Traditional ROI: 7.74%
872 PR Anthony Shallowater, TX Have you ever wanted a slice of West Texas to truly make your own? This is your chance! Lo...	1 beds \| 1 baths \| 1,600 sq.ft.	$170,000	Airbnb cash on cash: 6.91% Traditional cash on cash: 7.34% Airbnb Rental Income: $2013 Traditional Rental Income: $1559 Airbnb ROI: 6.91% Traditional ROI: 7.34%
6710 N County Road 1100 Shallowater, TX MOTIVATED SELLERS! This 2022 home on 10.01 Acres is a must see! This Beautiful 3 bedroom, ...	3 beds \| 2 baths \| 2,290 sq.ft.	$595,000	Airbnb cash on cash: -1.64% Traditional cash on cash: 1.11% Airbnb Rental Income: $841 Traditional Rental Income: $2038 Airbnb ROI: -1.64% Traditional ROI: 1.11%
7804 Private Road 6030 Shallowater, TX New survey and new well pump have recently been added! A one-in-a-million property located...	4 beds \| 3 baths \| 4,385 sq.ft.	$899,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.47% Airbnb Rental Income: $2824 Traditional Rental Income: $3528 Airbnb ROI: 0.84% Traditional ROI: 2.47%
16207 N F M 179 Shallowater, TX Sprawling multi-use property with over 3.5 acres and featuring a 1,800 sq ft barn and addi...	4 beds \| 2 baths \| 2,100 sq.ft.	$184,000	Airbnb cash on cash: 9.07% Traditional cash on cash: 8.92% Airbnb Rental Income: $2824 Traditional Rental Income: $2139 Airbnb ROI: 9.07% Traditional ROI: 8.92%
1304 8th St Shallowater, TX This "move in ready" home is located on an established street in the desirable Shallowater...	3 beds \| 2 baths \| 2,241 sq.ft.	$298,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 4.3% Airbnb Rental Income: $841 Traditional Rental Income: $2095 Airbnb ROI: -1.34% Traditional ROI: 4.3%
7811 N County Road 1540 Shallowater, TX Exceptional horse and livestock property designed for country living and functionality! Th...	4 beds \| 3 baths \| 1,908 sq.ft.	$699,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 1.78% Airbnb Rental Income: $2824 Traditional Rental Income: $2171 Airbnb ROI: 1.77% Traditional ROI: 1.78%
3051 Mason Road Shallowater, TX Incredibly unique farm house nestled out in the middle of the country. Want to see the sun...	5 beds \| 4 baths \| 3,271 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $4037 Airbnb ROI: N/A Traditional ROI: 6.87%
8510 N County Road 1300 Shallowater, TX Welcome to your beautiful new home by H&M Construction and Design, LLC! Located on 10.01 a...	4 beds \| 3 baths \| 2,338 sq.ft.	$484,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 2.85% Airbnb Rental Income: $2824 Traditional Rental Income: $2397 Airbnb ROI: 2.34% Traditional ROI: 2.85%
803 Avenue U Shallowater, TX Welcome to this stunning custom-built home nestled in the heart of Shallowater, located wi...	3 beds \| 3 baths \| 3,163 sq.ft.	$799,999	Airbnb cash on cash: -1.73% Traditional cash on cash: 2.58% Airbnb Rental Income: $841 Traditional Rental Income: $3720 Airbnb ROI: -1.73% Traditional ROI: 2.58%
13525 N F M 2378 Shallowater, TX Built in 2024, this stunning 4-bedroom, 2-bathroom home perfectly combines modern amenitie...	4 beds \| 2 baths \| 1,891 sq.ft.	$535,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 1.89% Airbnb Rental Income: $2824 Traditional Rental Income: $2070 Airbnb ROI: 2.08% Traditional ROI: 1.89%
1402 9th St Shallowater, TX Spacious and timeless, this beautifully maintained traditional home offers 4 bedrooms, 3.5...	4 beds \| 3 baths \| 3,530 sq.ft.	$599,999	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.36% Airbnb Rental Income: $2824 Traditional Rental Income: $3951 Airbnb ROI: 1.17% Traditional ROI: 4.36%
1010 10th St Shallowater, TX Nestled in the heart of Shallowater, this charming 4-bedroom, 1-bath home offers a rare op...	4 beds \| 1 baths \| 1,713 sq.ft.	$239,000	Airbnb cash on cash: 7.82% Traditional cash on cash: 4.59% Airbnb Rental Income: $2824 Traditional Rental Income: $1435 Airbnb ROI: 7.82% Traditional ROI: 4.59%
11381 F M 2641 Shallowater, TX Charming remodeled farmhouse on 3 scenic acres in Shallowater surrounded by peaceful farm ...	3 beds \| 2 baths \| 1,776 sq.ft.	$399,900	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.46% Airbnb Rental Income: $841 Traditional Rental Income: $1799 Airbnb ROI: -0.98% Traditional ROI: 2.46%
11625 N County Road 1500 Shallowater, TX Enjoy peaceful country living with the convenience of being just minutes from Lubbock in h...	3 beds \| 3 baths \| 2,658 sq.ft.	$429,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.11% Airbnb Rental Income: $841 Traditional Rental Income: $2785 Airbnb ROI: -0.54% Traditional ROI: 5.11%
6885 PR Shallowater, TX Welcome to peaceful country living with the convenience of city access! This well-maintain...	3 beds \| 2 baths \| 1,191 sq.ft.	$135,000	Airbnb cash on cash: -2.49% Traditional cash on cash: 4.47% Airbnb Rental Income: $841 Traditional Rental Income: $1414 Airbnb ROI: -2.49% Traditional ROI: 4.47%
1303 8th Street Shallowater, TX Located in a beautiful, established neighborhood in Shallowater, this updated 4-bedroom, 2...	4 beds \| 3 baths \| 2,276 sq.ft.	$437,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 4.53% Airbnb Rental Income: $2824 Traditional Rental Income: $2806 Airbnb ROI: 2.96% Traditional ROI: 4.53%
7824 FM 2641 Shallowater, TX Welcome home to a property designed for comfort, fun, and everyday living. This spacious l...	4 beds \| 4 baths \| 3,796 sq.ft.	$980,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.1% Airbnb Rental Income: $2824 Traditional Rental Income: $2942 Airbnb ROI: 0.25% Traditional ROI: 1.1%
6622 County Road 6260 Shallowater, TX sold before went to market	3 beds \| 2 baths \| 1,200 sq.ft.	$155,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 6.59% Airbnb Rental Income: $841 Traditional Rental Income: $1293 Airbnb ROI: 1.32% Traditional ROI: 6.59%

Real Estate investment in Shallowater, TX

There are 63 properties for sale in the city of Shallowater . The median list price in Shallowater is $274,858 and the average price per square foot is $93. In June 2026, the average monthly cash on cash return in Shallowater is 4.00%. The average monthly rental income in Shallowater is $2,387.

Shallowater, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 63 investment properties available for sale in Shallowater.

In 2026, the best neighborhood to buy investment property is Shallowater.

The ROI for Long-Term is higher than the Short-Term in Shallowater with average rental income of $2,387.

Your search for investment property begins and ends here

Investment Property for Sale in Shallowater, TX

707 12th St

Shallowater, TX

3 beds | 2 baths | 1,990 sq.ft.

$314,900

Airbnb cash on cash: -0.24%

Traditional cash on cash: 6.09%

Airbnb Rental Income: $841

Traditional Rental Income: $2387

Airbnb ROI: -0.24%

Traditional ROI: 6.09%

832 Avenue T

Shallowater, TX

3 beds | 4 baths | 3,145 sq.ft.

$646,000

Airbnb cash on cash: -1.81%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $841

Traditional Rental Income: $3209

Airbnb ROI: -1.81%

Traditional ROI: 2.67%

1401 11th St

Shallowater, TX

4 beds | 2 baths | 3,283 sq.ft.

$450,000

Airbnb cash on cash: 2.28%

Traditional cash on cash: 1.62%

Airbnb Rental Income: $2824

Traditional Rental Income: $1886

Airbnb ROI: 2.28%

Traditional ROI: 1.62%

8117 County Rd 6220

Shallowater, TX

4 beds | 5 baths | 5,068 sq.ft.

$1,800,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: -0.46%

Airbnb Rental Income: $2824

Traditional Rental Income: $2484

Airbnb ROI: -0.65%

Traditional ROI: -0.46%

712 11th St

Shallowater, TX

4 beds | 3 baths | 3,294 sq.ft.

$279,500

Airbnb cash on cash: 4.7%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $2824

Traditional Rental Income: $2720

Airbnb ROI: 4.7%

Traditional ROI: 6.8%

8210 County Road 5860

Shallowater, TX

3 beds | 2 baths | 1,064 sq.ft.

$110,000

Airbnb cash on cash: 2.71%

Traditional cash on cash: 10.35%

Airbnb Rental Income: $841

Traditional Rental Income: $1326

Airbnb ROI: 2.71%

Traditional ROI: 10.35%

11201 N County Road 1440

Shallowater, TX

4 beds | 3 baths | 5,876 sq.ft.

$1,200,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 1.26%

Airbnb Rental Income: $2824

Traditional Rental Income: $3699

Airbnb ROI: -0.12%

Traditional ROI: 1.26%

11801 County Road 6400 #B

Shallowater, TX

3 beds | 2 baths | 1,565 sq.ft.

$299,500

Airbnb cash on cash: -0.38%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $841

Traditional Rental Income: $1889

Airbnb ROI: -0.38%