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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
813 Avenue T Shallowater, TX Ask about our 5.99% interest rate for the first year, when you use the seller's preferred ...	4 beds \| 3 baths \| 2,945 sq.ft.	$479,950	Airbnb cash on cash: 5.86% Traditional cash on cash: 3.3% Airbnb Rental Income: $4947 Traditional Rental Income: $2784 Airbnb ROI: 5.86% Traditional ROI: 3.3%
8117 County Rd 6220 Shallowater, TX Welcome to this striking Mediterranean-style home offering over 5,000 square feet of thoug...	4 beds \| 4 baths \| 5,068 sq.ft.	$1,800,000	Airbnb cash on cash: 0.41% Traditional cash on cash: -0.46% Airbnb Rental Income: $4947 Traditional Rental Income: $2484 Airbnb ROI: 0.41% Traditional ROI: -0.46%
1117 16th St Shallowater, TX Gorgeous well-maintained home in desirable Shallowater ISD. 3/2/2 built in 2018 features a...	3 beds \| 2 baths \| 1,720 sq.ft.	$280,000	Airbnb cash on cash: -2.68% Traditional cash on cash: 3.56% Airbnb Rental Income: $442 Traditional Rental Income: $1826 Airbnb ROI: -2.68% Traditional ROI: 3.56%
504 Avenue U Shallowater, TX Like-new 4-bedroom, 3-bath home in highly sought-after Shallowater! This beautifully desig...	4 beds \| 3 baths \| 2,281 sq.ft.	$405,000	Airbnb cash on cash: 7.2% Traditional cash on cash: 1.81% Airbnb Rental Income: $4947 Traditional Rental Income: $1886 Airbnb ROI: 7.2% Traditional ROI: 1.81%
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: 1.47% Traditional cash on cash: 1.26% Airbnb Rental Income: $4947 Traditional Rental Income: $3699 Airbnb ROI: 1.47% Traditional ROI: 1.26%
1428 15th St Shallowater, TX Southern Homes by Dan Wilson is proud to present the Ronan in Shallowater! Known as a prem...	3 beds \| 2 baths \| 1,840 sq.ft.	$334,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 5.01% Airbnb Rental Income: $442 Traditional Rental Income: $2072 Airbnb ROI: -1.02% Traditional ROI: 5.01%
1301 6th St Shallowater, TX Small town living at its best! Come check out this freshly updated house in highly sought ...	3 beds \| 1 baths \| 1,484 sq.ft.	$158,500	Airbnb cash on cash: -1.68% Traditional cash on cash: 6.24% Airbnb Rental Income: $442 Traditional Rental Income: $1379 Airbnb ROI: -1.68% Traditional ROI: 6.24%
603 15th Street Shallowater, TX Looking for comfort, luxury, and unique charm? This stunning home in Shallowater has it al...	3 beds \| 2 baths \| 1,983 sq.ft.	$270,000	Airbnb cash on cash: -1.93% Traditional cash on cash: 5.38% Airbnb Rental Income: $442 Traditional Rental Income: $2040 Airbnb ROI: -1.93% Traditional ROI: 5.38%
14722 N County Road 1200 Shallowater, TX Come see this beautiful new construction home by Red Dirt Homes, LLC! Located on 10.01 acr...	4 beds \| 2 baths \| 1,768 sq.ft.	$349,900	Airbnb cash on cash: 9.41% Traditional cash on cash: 3.88% Airbnb Rental Income: $4947 Traditional Rental Income: $2114 Airbnb ROI: 9.41% Traditional ROI: 3.88%
6806 N County Rd 1630 Shallowater, TX This is an investment property that includes 4 total manufactured homes. The rents are $65...	3 beds \| 2 baths \| 5,569 sq.ft.	$250,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 5.85% Airbnb Rental Income: $442 Traditional Rental Income: $1735 Airbnb ROI: -0.74% Traditional ROI: 5.85%
11801 County Rd 6400 #B Shallowater, TX Like new - 3-bed, 2-bath, 2-car garage home sits on 1 acre & is located in Frenship ISD. L...	3 beds \| 2 baths \| 1,565 sq.ft.	$315,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 4.09% Airbnb Rental Income: $442 Traditional Rental Income: $1889 Airbnb ROI: -1.68% Traditional ROI: 4.09%
527 Avenue T Shallowater, TX Check out 527 Avenue T in Shallowater! This 3-bedroom, 2-bath and a basement, home offers ...	3 beds \| 2 baths \| 2,528 sq.ft.	$349,000	Airbnb cash on cash: -2.5% Traditional cash on cash: 3.83% Airbnb Rental Income: $442 Traditional Rental Income: $2255 Airbnb ROI: -2.5% Traditional ROI: 3.83%
13625 N Fm 2378 Shallowater, TX Welcome to your dream home in Shallowater! This brand-new 3 bedroom, 2.5 bathroom home bui...	3 beds \| 2 baths \| 2,308 sq.ft.	$528,500	Airbnb cash on cash: -2.29% Traditional cash on cash: 2.39% Airbnb Rental Income: $442 Traditional Rental Income: $2489 Airbnb ROI: -2.29% Traditional ROI: 2.39%
12803 N FM 2378 Shallowater, TX $25k below current appraisal!! Stunning rural home on 20 acres offering the perfect blend ...	5 beds \| 3 baths \| 4,525 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.7% Airbnb Rental Income: $null Traditional Rental Income: $2910 Airbnb ROI: N/A Traditional ROI: 1.7%
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.	$2,950,000	Airbnb cash on cash: -0.52% Traditional cash on cash: -0.32% Airbnb Rental Income: $4947 Traditional Rental Income: $4469 Airbnb ROI: -0.52% Traditional ROI: -0.32%
13630 N F M 179 Shallowater, TX This beautiful 3/2.5/3 ranch-style home in Shallowater, TX was built in 2019 and sits on n...	3 beds \| 2 baths \| 3,046 sq.ft.	$650,000	Airbnb cash on cash: -1.99% Traditional cash on cash: 1.08% Airbnb Rental Income: $442 Traditional Rental Income: $2045 Airbnb ROI: -1.99% Traditional ROI: 1.08%
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.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $3775 Airbnb ROI: N/A Traditional ROI: 6.78%
6213 N C R 1500 Shallowater, TX Farmhouse elegance meets contemporary comfort on 10 acres located in Shallowater ISD! Welc...	4 beds \| 3 baths \| 3,482 sq.ft.	$899,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 1.18% Airbnb Rental Income: $4947 Traditional Rental Income: $2690 Airbnb ROI: 2.67% Traditional ROI: 1.18%
County Rd 1100 Shallowater, TX County Rd 1100, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| 2,290 sq.ft.	$168,000	Airbnb cash on cash: 4.69% Traditional cash on cash: -0.03% Airbnb Rental Income: $1771 Traditional Rental Income: $531 Airbnb ROI: 4.69% Traditional ROI: -0.03%
15824 N Farm To Market 179 Shallowater, TX 15824 N Farm To Market 179, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: 9.55% Traditional cash on cash: 1.76% Airbnb Rental Income: $1771 Traditional Rental Income: $531 Airbnb ROI: 9.55% Traditional ROI: 1.76%
12126 N F M 179 Shallowater, TX 12126 N F M 179, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 8.46% Traditional cash on cash: 1.36% Airbnb Rental Income: $1771 Traditional Rental Income: $531 Airbnb ROI: 8.46% Traditional ROI: 1.36%
0 US Highway 84 Shallowater, TX 0 US Highway 84, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 8.46% Traditional cash on cash: 1.32% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 8.46% Traditional ROI: 1.32%
10412 Private Rd 5860 Shallowater, TX 10412 Private Rd 5860, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 8.46% Traditional cash on cash: 1.36% Airbnb Rental Income: $1771 Traditional Rental Income: $531 Airbnb ROI: 8.46% Traditional ROI: 1.36%
6928 Pr Kimber Shallowater, TX Brand new 3 bedroom, 2 bathroom home located on 1 acre in Frenship Schools. This 1191 sq f...	3 beds \| 2 baths \| 1,191 sq.ft.	$165,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 6.76% Airbnb Rental Income: $442 Traditional Rental Income: $1518 Airbnb ROI: -1.74% Traditional ROI: 6.76%
6932 Pr Kimber Shallowater, TX New 3/2 on 1 acre in Frenship School District! Open living space featuring an island with ...	3 beds \| 2 baths \| 1,191 sq.ft.	$165,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 6.72% Airbnb Rental Income: $442 Traditional Rental Income: $1511 Airbnb ROI: -1.74% Traditional ROI: 6.72%
6933 Pr Kimber Shallowater, TX 1216 sq ft. new mobile home on 1 acre located in Frenship Schools & Hockley County! 3 bedr...	3 beds \| 2 baths \| 1,216 sq.ft.	$165,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 6.78% Airbnb Rental Income: $442 Traditional Rental Income: $1520 Airbnb ROI: -1.74% Traditional ROI: 6.78%
6929 Pr Kimber Shallowater, TX Brand new 3 bedroom, 2 bath mobile home on 1 acre located in Frenship School District. Ope...	3 beds \| 2 baths \| 1,216 sq.ft.	$165,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 6.78% Airbnb Rental Income: $442 Traditional Rental Income: $1520 Airbnb ROI: -1.74% Traditional ROI: 6.78%
0 County Road 5700 Shallowater, TX 0 County Road 5700, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 0.07% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 5.05% Traditional ROI: 0.07%
00 CR 5400 Shallowater, TX 00 CR 5400, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$122,999	Airbnb cash on cash: 7.32% Traditional cash on cash: 0.9% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 7.32% Traditional ROI: 0.9%
14125 N F M 2378 Shallowater, TX Welcome to your new modern farmhouse in Shallowater! Located on a prime 10.01 acres, this ...	3 beds \| 2 baths \| 2,297 sq.ft.	$459,900	Airbnb cash on cash: -2.09% Traditional cash on cash: 2.49% Airbnb Rental Income: $442 Traditional Rental Income: $2154 Airbnb ROI: -2.09% Traditional ROI: 2.49%
16706 N County Road 1200 Shallowater, TX Charming 3-bed, 2-bath gem nestled on 1 acre in Shallowater! This spacious home boasts a 2...	3 beds \| 2 baths \| 1,689 sq.ft.	$320,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 4.56% Airbnb Rental Income: $442 Traditional Rental Income: $1774 Airbnb ROI: -0.74% Traditional ROI: 4.56%
Lot 10 County Road 5330 Shallowater, TX	N/A beds \| N/A baths \| N/A	$124,900	Airbnb cash on cash: 7.18% Traditional cash on cash: 0.83% Airbnb Rental Income: $1771 Traditional Rental Income: $524 Airbnb ROI: 7.18% Traditional ROI: 0.83%
6901 Pr Kimber Shallowater, TX PRICE REDUCTION and offering 5,000 in seller concessions. Schedule a showing to truly see ...	5 beds \| 3 baths \| 2,176 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.45% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 8.45%
510 Avenue G Shallowater, TX This is a tremendous and rare investment opportunity in the Shallowater area at $65,000 pe...	6 beds \| 3 baths \| 2,052 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.77% Airbnb Rental Income: $null Traditional Rental Income: $2457 Airbnb ROI: N/A Traditional ROI: 10.77%
9435 County Road 5330 Shallowater, TX Welcome to your new country home! Located on 5 acres in prestigious Shallowater ISD, this ...	3 beds \| 2 baths \| 2,306 sq.ft.	$464,900	Airbnb cash on cash: -2.08% Traditional cash on cash: 2.69% Airbnb Rental Income: $442 Traditional Rental Income: $2255 Airbnb ROI: -2.08% Traditional ROI: 2.69%
8029 County Rd 6045 Shallowater, TX 8029 County Rd 6045, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$97,500	Airbnb cash on cash: 9.25% Traditional cash on cash: 1.24% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 9.25% Traditional ROI: 1.24%
8030 County Rd 6045 Shallowater, TX 8030 County Rd 6045, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$99,500	Airbnb cash on cash: 9.02% Traditional cash on cash: 1.16% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 9.02% Traditional ROI: 1.16%
8026 County Rd 6045 Shallowater, TX 8026 County Rd 6045, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$97,500	Airbnb cash on cash: 9.25% Traditional cash on cash: 1.24% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 9.25% Traditional ROI: 1.24%
8022 County Rd 6045 Shallowater, TX 8022 County Rd 6045, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$97,500	Airbnb cash on cash: 9.25% Traditional cash on cash: 1.24% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 9.25% Traditional ROI: 1.24%
8018 County Rd 6045 Shallowater, TX 8018 County Rd 6045, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| N/A	$97,500	Airbnb cash on cash: 9.25% Traditional cash on cash: 1.24% Airbnb Rental Income: $1771 Traditional Rental Income: $526 Airbnb ROI: 9.25% Traditional ROI: 1.24%

Real Estate investment in Shallowater, TX

There are 57 properties for sale in the city of Shallowater . The median list price in Shallowater is $110,000 and the average price per square foot is $41. In January 2026, the average monthly cash on cash return in Shallowater is 2.00%. The average monthly rental income in Shallowater is $531.

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

There are 57 investment properties available for sale in Shallowater.

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

The ROI for Short-Term is higher than the Long-Term in Shallowater with average rental income of $1,771.

Your search for investment property begins and ends here

Investment Property for Sale in Shallowater, TX

813 Avenue T

Shallowater, TX

4 beds | 3 baths | 2,945 sq.ft.

$479,950

Airbnb cash on cash: 5.86%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $4947

Traditional Rental Income: $2784

Airbnb ROI: 5.86%

Traditional ROI: 3.3%

8117 County Rd 6220

Shallowater, TX

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

$1,800,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: -0.46%

Airbnb Rental Income: $4947

Traditional Rental Income: $2484

Airbnb ROI: 0.41%

Traditional ROI: -0.46%

1117 16th St

Shallowater, TX

3 beds | 2 baths | 1,720 sq.ft.

$280,000

Airbnb cash on cash: -2.68%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $442

Traditional Rental Income: $1826

Airbnb ROI: -2.68%

Traditional ROI: 3.56%

504 Avenue U

Shallowater, TX

4 beds | 3 baths | 2,281 sq.ft.

$405,000

Airbnb cash on cash: 7.2%

Traditional cash on cash: 1.81%

Airbnb Rental Income: $4947

Traditional Rental Income: $1886

Airbnb ROI: 7.2%

Traditional ROI: 1.81%

11201 N County Road 1440

Shallowater, TX

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

$1,200,000

Airbnb cash on cash: 1.47%

Traditional cash on cash: 1.26%

Airbnb Rental Income: $4947

Traditional Rental Income: $3699

Airbnb ROI: 1.47%

Traditional ROI: 1.26%

1428 15th St

Shallowater, TX

3 beds | 2 baths | 1,840 sq.ft.

$334,000

Airbnb cash on cash: -1.02%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $442

Traditional Rental Income: $2072

Airbnb ROI: -1.02%

Traditional ROI: 5.01%

1301 6th St

Shallowater, TX

3 beds | 1 baths | 1,484 sq.ft.

$158,500

Airbnb cash on cash: -1.68%

Traditional cash on cash: 6.24%

Airbnb Rental Income: $442

Traditional Rental Income: $1379

Airbnb ROI: -1.68%

Traditional ROI: 6.24%

603 15th Street

Shallowater, TX

3 beds | 2 baths | 1,983 sq.ft.

$270,000

Airbnb cash on cash: -1.93%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $442

Traditional Rental Income: $2040

Airbnb ROI: -1.93%