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
8014 County Rd 5840 Shallowater, TX AMAZING INVESTMENT PROPERTY WITH TONS OF SPACE IN SHALLOWATER!!! This unique property sits...	3 beds \| 2 baths \| 2,676 sq.ft.	$190,800	Airbnb cash on cash: 4.76% Traditional cash on cash: 8.34% Airbnb Rental Income: $2181 Traditional Rental Income: $2278 Airbnb ROI: 4.76% Traditional ROI: 8.34%
1127 17th Street Shallowater, TX Welcome Home to Shallowater ISD! Step into this beautifully maintained 3-bedroom, 2.5-bath...	3 beds \| N/A baths \| 1,903 sq.ft.	$315,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 3.88% Airbnb Rental Income: $2181 Traditional Rental Income: $1902 Airbnb ROI: 2.95% Traditional ROI: 3.88%
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: 0.41% Traditional cash on cash: -0.46% Airbnb Rental Income: $4947 Traditional Rental Income: $2484 Airbnb ROI: 0.41% Traditional ROI: -0.46%
1117 16th Street 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: 2.81% Traditional cash on cash: 3.56% Airbnb Rental Income: $2181 Traditional Rental Income: $1826 Airbnb ROI: 2.81% Traditional ROI: 3.56%
510 Avenue S Shallowater, TX Welcome to your dream retreat in the highly sought-after Shallowater School District. This...	4 beds \| 3 baths \| 2,402 sq.ft.	$386,500	Airbnb cash on cash: 8.65% Traditional cash on cash: 3.11% Airbnb Rental Income: $4947 Traditional Rental Income: $1926 Airbnb ROI: 8.65% Traditional ROI: 3.11%
1127 16th Street Shallowater, TX Step inside this beautifully updated 3-bedroom, 2-bath home in Shallowater, TX, where styl...	3 beds \| 2 baths \| 2,166 sq.ft.	$369,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 2.5% Airbnb Rental Income: $2181 Traditional Rental Income: $1936 Airbnb ROI: 1.61% Traditional ROI: 2.5%
6510 County Rd 1100 Shallowater, TX Room to Grow and Breathe in Shallowater ISD! Welcome home to the perfect blend of country ...	3 beds \| 2 baths \| 2,325 sq.ft.	$495,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 1.29% Airbnb Rental Income: $2181 Traditional Rental Income: $1912 Airbnb ROI: 0.68% Traditional ROI: 1.29%
1102 15th Street Shallowater, TX Welcome to 1102 15th Street! A delightful find nestled in the peaceful community of Shallo...	3 beds \| 3 baths \| 2,992 sq.ft.	$335,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.84% Airbnb Rental Income: $2181 Traditional Rental Income: $2844 Airbnb ROI: 1.98% Traditional ROI: 5.84%
11201 N County Road 1440 Shallowater, TX Commercial AND/OR residential - NOT JUST A BARNDOMINIUM!!!! 15.5 APPROX TOTAL ACREAGE IN T...	4 beds \| N/A 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 Street 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: 3.6% Traditional cash on cash: 5.01% Airbnb Rental Income: $2181 Traditional Rental Income: $2072 Airbnb ROI: 3.6% Traditional ROI: 5.01%
1426 15th Street Shallowater, TX Southern Homes by Dan Wilson is proud to present the Lincoln in Shallowater! Known as a pr...	3 beds \| 2 baths \| 1,931 sq.ft.	$355,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 4.9% Airbnb Rental Income: $2181 Traditional Rental Income: $2150 Airbnb ROI: 3.33% Traditional ROI: 4.9%
9513 C R 5400 Shallowater, TX Completely remodeled 3/1 family home on the outskirts of Shallowater. This property offers...	3 beds \| 1 baths \| 1,406 sq.ft.	$189,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 4.7% Airbnb Rental Income: $2181 Traditional Rental Income: $1417 Airbnb ROI: 5.88% Traditional ROI: 4.7%
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: 3.77% Traditional cash on cash: 5.38% Airbnb Rental Income: $2181 Traditional Rental Income: $2040 Airbnb ROI: 3.77% Traditional ROI: 5.38%
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: 5.4% Traditional cash on cash: 5.85% Airbnb Rental Income: $2181 Traditional Rental Income: $1735 Airbnb ROI: 5.4% Traditional ROI: 5.85%
11801 County Rd 6400 unit: B #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: 3.21% Traditional cash on cash: 4.09% Airbnb Rental Income: $2181 Traditional Rental Income: $1889 Airbnb ROI: 3.21% Traditional ROI: 4.09%
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 \| N/A baths \| 2,308 sq.ft.	$528,500	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.39% Airbnb Rental Income: $2181 Traditional Rental Income: $2489 Airbnb ROI: 0.64% Traditional ROI: 2.39%
16812 N County Road 1200 Shallowater, TX Welcome to your West Texas dream home located on 10 acres! This 3/2/2 built Cedar Ridge Ho...	3 beds \| 2 baths \| 1,899 sq.ft.	$365,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 4.43% Airbnb Rental Income: $2181 Traditional Rental Income: $2125 Airbnb ROI: 2.98% Traditional ROI: 4.43%
10901 County Rd 6000 Shallowater, TX Charming 3-bed, 2-bath gem nestled on 1.3 acres in the coveted Shallowater ISD! This spaci...	3 beds \| 2 baths \| 1,689 sq.ft.	$315,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.45% Airbnb Rental Income: $2181 Traditional Rental Income: $1983 Airbnb ROI: 0.25% Traditional ROI: 1.45%
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%
9917 F M 1294 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: 1.27% Traditional cash on cash: 3.16% Airbnb Rental Income: $2181 Traditional Rental Income: $2442 Airbnb ROI: 1.27% Traditional ROI: 3.16%
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.	$3,200,000	Airbnb cash on cash: -0.56% Traditional cash on cash: -0.38% Airbnb Rental Income: $4947 Traditional Rental Income: $4469 Airbnb ROI: -0.56% Traditional ROI: -0.38%
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.	$659,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 1.05% Airbnb Rental Income: $2181 Traditional Rental Income: $2045 Airbnb ROI: 0.38% Traditional ROI: 1.05%
14803 N F M 179 Shallowater, TX Saddle up and get to this rare hard to find horse property priced to sale fast. This home ...	3 beds \| 2 baths \| 1,624 sq.ft.	$399,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 2.54% Airbnb Rental Income: $2181 Traditional Rental Income: $1802 Airbnb ROI: 2.08% Traditional ROI: 2.54%
14722 C R 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.	$355,000	Airbnb cash on cash: 9.27% Traditional cash on cash: 3.54% Airbnb Rental Income: $4947 Traditional Rental Income: $2024 Airbnb ROI: 9.27% Traditional ROI: 3.54%
807 Avenue L Shallowater, TX Great investment opportunity in the highly desirable small town of Shallowater! This prope...	8 beds \| 4 baths \| 3,328 sq.ft.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $3775 Airbnb ROI: N/A Traditional ROI: 6.22%
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%
13118 N County Road 1500 Shallowater, TX Escape to wide-open spaces with this beautiful 3-bedroom, 2-bathroom home set on 20 fenced...	3 beds \| 2 baths \| 1,442 sq.ft.	$345,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 3.43% Airbnb Rental Income: $2181 Traditional Rental Income: $1743 Airbnb ROI: 3.08% Traditional ROI: 3.43%
County Rd 1100 Shallowater, TX County Rd 1100, Shallowater, TX 79363 \| Other	N/A beds \| N/A baths \| 2,325 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%
8010 County Road 6045 Shallowater, TX 8010 County Road 6045, 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 County Road 5500 Shallowater, TX 0 County Road 5500, Shallowater, TX 79415 \| 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%
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: 7.47% Traditional cash on cash: 6.76% Airbnb Rental Income: $2181 Traditional Rental Income: $1518 Airbnb ROI: 7.47% 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: 7.47% Traditional cash on cash: 6.72% Airbnb Rental Income: $2181 Traditional Rental Income: $1511 Airbnb ROI: 7.47% 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: 7.47% Traditional cash on cash: 6.78% Airbnb Rental Income: $2181 Traditional Rental Income: $1520 Airbnb ROI: 7.47% 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: 7.47% Traditional cash on cash: 6.78% Airbnb Rental Income: $2181 Traditional Rental Income: $1520 Airbnb ROI: 7.47% 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%
801 13th Street Shallowater, TX Discover the perfect blend of small-town tranquility and comfortable living in this wonder...	3 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: 6.11% Traditional cash on cash: 6.74% Airbnb Rental Income: $2181 Traditional Rental Income: $1737 Airbnb ROI: 6.11% Traditional ROI: 6.74%

Real Estate investment in Shallowater, TX

There are 47 properties for sale in the city of Shallowater . The median list price in Shallowater is $255,000 and the average price per square foot is $98. In December 2025, the average monthly cash on cash return in Shallowater is 3.00%. The average monthly rental income in Shallowater is $1,817.

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

There are 47 investment properties available for sale in Shallowater.

In 2025, 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 $2,181.

Your search for investment property begins and ends here

Investment Property for Sale in Shallowater, TX

8014 County Rd 5840

Shallowater, TX

3 beds | 2 baths | 2,676 sq.ft.

$190,800

Airbnb cash on cash: 4.76%

Traditional cash on cash: 8.34%

Airbnb Rental Income: $2181

Traditional Rental Income: $2278

Airbnb ROI: 4.76%

Traditional ROI: 8.34%

1127 17th Street

Shallowater, TX

3 beds | N/A baths | 1,903 sq.ft.

$315,000

Airbnb cash on cash: 2.95%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $2181

Traditional Rental Income: $1902

Airbnb ROI: 2.95%

Traditional ROI: 3.88%

8117 County Rd 6220

Shallowater, TX

4 beds | 5 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 Street

Shallowater, TX

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

$280,000

Airbnb cash on cash: 2.81%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $2181

Traditional Rental Income: $1826

Airbnb ROI: 2.81%

Traditional ROI: 3.56%

510 Avenue S

Shallowater, TX

4 beds | 3 baths | 2,402 sq.ft.

$386,500

Airbnb cash on cash: 8.65%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $4947

Traditional Rental Income: $1926

Airbnb ROI: 8.65%

Traditional ROI: 3.11%

1127 16th Street

Shallowater, TX

3 beds | 2 baths | 2,166 sq.ft.

$369,900

Airbnb cash on cash: 1.61%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $2181

Traditional Rental Income: $1936

Airbnb ROI: 1.61%

Traditional ROI: 2.5%

6510 County Rd 1100

Shallowater, TX

3 beds | 2 baths | 2,325 sq.ft.

$495,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 1.29%

Airbnb Rental Income: $2181

Traditional Rental Income: $1912

Airbnb ROI: 0.68%

Traditional ROI: 1.29%

1102 15th Street

Shallowater, TX

3 beds | 3 baths | 2,992 sq.ft.

$335,000

Airbnb cash on cash: 1.98%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $2181

Traditional Rental Income: $2844

Airbnb ROI: 1.98%