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
825 Ave T Shallowater, TX Nestled in the highly sought-after Shallowater ISD, this stunning 4-bedroom, 3-bath home o...	4 beds \| 3 baths \| 2,971 sq.ft.	$499,999	Airbnb cash on cash: 5.67% Traditional cash on cash: 3.05% Airbnb Rental Income: $4947 Traditional Rental Income: $2712 Airbnb ROI: 5.67% Traditional ROI: 3.05%
8014 County Rd 5840 Shallowater, TX AMAZING INVESTMENT PROPERTY WITH TONS OF SPACE IN SHALLOWATER!!! This unique property sit...	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%
905 Texas Avenue Shallowater, TX PRICED to SeLL! Investment Opportunity with a great add to your portfolio or for a first h...	2 beds \| 2 baths \| 1,374 sq.ft.	$120,000	Airbnb cash on cash: 8.13% Traditional cash on cash: 9.46% Airbnb Rental Income: $1826 Traditional Rental Income: $1487 Airbnb ROI: 8.13% Traditional ROI: 9.46%
8117 County Rd 6220 Shallowater, TX Welcome to this striking Mediterranean-style home offering over 5,000 square feet of thoug...	4 beds \| 6 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.	$275,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 3.64% Airbnb Rental Income: $2181 Traditional Rental Income: $1826 Airbnb ROI: 2.88% Traditional ROI: 3.64%
7906 County Rd 6220 Shallowater, TX Welcome to country living at its absolute finest in Legacy Ranchâoffering space, tons of...	4 beds \| 4 baths \| 3,713 sq.ft.	$865,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 2.35% Airbnb Rental Income: $4947 Traditional Rental Income: $3747 Airbnb ROI: 2.58% Traditional ROI: 2.35%
510 Avenue S Shallowater, TX Price Reduction!!!!!!!!!! Seller just reduced this beautiful home $8500 in the Diamond He...	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%
511 Avenue U Shallowater, TX Welcome to this stunning home in the highly desirable Diamond Head Estates in Shallowater,...	4 beds \| 3 baths \| 2,587 sq.ft.	$460,000	Airbnb cash on cash: 6.03% Traditional cash on cash: 2.94% Airbnb Rental Income: $4947 Traditional Rental Income: $2601 Airbnb ROI: 6.03% Traditional ROI: 2.94%
11825 County Rd 6400 Shallowater, TX This almost new 3 bedroom 2 bath home in the popular Frenship district needs some cosmetic...	3 beds \| 2 baths \| 1,565 sq.ft.	$217,600	Airbnb cash on cash: 4.9% Traditional cash on cash: 5.36% Airbnb Rental Income: $2181 Traditional Rental Income: $1723 Airbnb ROI: 4.9% Traditional ROI: 5.36%
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.	$375,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 2.45% Airbnb Rental Income: $2181 Traditional Rental Income: $1936 Airbnb ROI: 1.58% Traditional ROI: 2.45%
518 Avenue U Shallowater, TX If you're looking for the perfect place to call home then look no further than this beauty...	4 beds \| 4 baths \| 2,952 sq.ft.	$535,000	Airbnb cash on cash: 4.95% Traditional cash on cash: 1.04% Airbnb Rental Income: $4947 Traditional Rental Income: $1975 Airbnb ROI: 4.95% Traditional ROI: 1.04%
1403 10th Street Shallowater, TX 10++++ Fabulous custom home built by Truitt Garland located in sought after Shallowater IS...	4 beds \| 3 baths \| 3,410 sq.ft.	$510,000	Airbnb cash on cash: 5.23% Traditional cash on cash: 2.06% Airbnb Rental Income: $4947 Traditional Rental Income: $2423 Airbnb ROI: 5.23% Traditional ROI: 2.06%
1415 7th Street Shallowater, TX This fabulous Shallowater property is an absolute must see! This home has had a complete m...	3 beds \| 4 baths \| 2,773 sq.ft.	$385,500	Airbnb cash on cash: 1.88% Traditional cash on cash: 5.24% Airbnb Rental Income: $2181 Traditional Rental Income: $2843 Airbnb ROI: 1.88% Traditional ROI: 5.24%
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.	$350,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 5.56% Airbnb Rental Income: $2181 Traditional Rental Income: $2844 Airbnb ROI: 1.86% Traditional ROI: 5.56%
9405 County Rd 5330 Shallowater, TX Come see your amazing new construction home by Rimrock Homes, LLC!. Located on a prime fiv...	3 beds \| 3 baths \| 2,356 sq.ft.	$449,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.49% Airbnb Rental Income: $2181 Traditional Rental Income: $2517 Airbnb ROI: 1.38% Traditional ROI: 3.49%
9110 F M 1729 Shallowater, TX Turnkey 31-Acre Horse Property - Fully Fenced & Ready to Roll! If you've been looking for...	3 beds \| 3 baths \| 2,196 sq.ft.	$725,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 1.15% Airbnb Rental Income: $2181 Traditional Rental Income: $2186 Airbnb ROI: 0.33% Traditional ROI: 1.15%
921 Private Road Rebecca Shallowater, TX Peaceful Country Living Just 15 Minutes from Lubbock! Enjoy the peace and privacy of 10 ac...	4 beds \| 3 baths \| 2,280 sq.ft.	$380,000	Airbnb cash on cash: 8.69% Traditional cash on cash: 3.92% Airbnb Rental Income: $4947 Traditional Rental Income: $2233 Airbnb ROI: 8.69% Traditional ROI: 3.92%
7904 N County Rd 1100 Shallowater, TX Exquisite 3-bed, 2-bath, 2-car garage home on a sprawling 10-acre estate in the esteemed S...	3 beds \| 2 baths \| 1,899 sq.ft.	$375,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 1.48% Airbnb Rental Income: $2181 Traditional Rental Income: $2130 Airbnb ROI: 0.06% Traditional ROI: 1.48%
11201 N County Road 1440 Shallowater, TX Commercial AND/OR residential - NOT JUST A BARNDOMINIUM!!!! 15.5 APPROX TOTAL ACREAGE IN T...	4 beds \| 4 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%
14803 FM179 Shallowater, TX Rare Fully set-up horse property! This property is ready for Livestock and Horses on day o...	3 beds \| 2 baths \| 1,612 sq.ft.	$426,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 2.44% Airbnb Rental Income: $2181 Traditional Rental Income: $1827 Airbnb ROI: 1.94% Traditional ROI: 2.44%
12427 N Farm Market 179 Shallowater, TX Tucked away on 1.8 acres of quiet West Texas land, this inviting 4-bedroom, 2.5-bath home ...	4 beds \| 3 baths \| 2,650 sq.ft.	$530,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 2.38% Airbnb Rental Income: $4947 Traditional Rental Income: $2621 Airbnb ROI: 5.03% Traditional ROI: 2.38%
7006 North County Rd 1600 Shallowater, TX $17,000 Price Reduction! This home sits in the highly sought after Shallowater School Dist...	3 beds \| 3 baths \| 3,416 sq.ft.	$339,500	Airbnb cash on cash: 3.18% Traditional cash on cash: 2.09% Airbnb Rental Income: $2181 Traditional Rental Income: $1282 Airbnb ROI: 3.18% Traditional ROI: 2.09%
6601 N CR 1500 Shallowater, TX Modern luxury meets Texas charm in this stunning home! This 4/3.5/2 Barndo featuring 4,200...	4 beds \| 4 baths \| 4,200 sq.ft.	$850,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 2.98% Airbnb Rental Income: $4947 Traditional Rental Income: $3368 Airbnb ROI: 3.69% Traditional ROI: 2.98%
11719 County Rd 6400 #B Shallowater, TX Beautiful 3 bedroom, 2 bathroom home with insulated shop offering a mud sink and stub out ...	3 beds \| 2 baths \| 1,565 sq.ft.	$335,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 3.58% Airbnb Rental Income: $2181 Traditional Rental Income: $1777 Airbnb ROI: 3.11% Traditional ROI: 3.58%
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%
1404 15th Street Shallowater, TX Looking for a great investment opportunity in Shallowater? This like-new duplex with two s...	6 beds \| 4 baths \| 3,102 sq.ft.	$335,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 6.83% Airbnb Rental Income: $2181 Traditional Rental Income: $3211 Airbnb ROI: 1.8% Traditional ROI: 6.83%
8115 County Rd 6100 Shallowater, TX Welcome to your new modern farm house just minutes from Shallowater! This beautiful new ho...	3 beds \| 3 baths \| 2,297 sq.ft.	$434,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.35% Airbnb Rental Income: $2181 Traditional Rental Income: $2422 Airbnb ROI: 1.4% Traditional ROI: 3.35%
803 14th Street Shallowater, TX Welcome to this beautifully updated 3-bedroom, 2-bathroom home located in the heart of sou...	3 beds \| 2 baths \| 1,933 sq.ft.	$315,000	Airbnb cash on cash: 3% Traditional cash on cash: 4.31% Airbnb Rental Income: $2181 Traditional Rental Income: $2016 Airbnb ROI: 3% Traditional ROI: 4.31%
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.	$290,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 4.95% Airbnb Rental Income: $2181 Traditional Rental Income: $2040 Airbnb ROI: 3.44% Traditional ROI: 4.95%
12414 N F M 179 Shallowater, TX Welcome to your own slice of West Texas, where farmhouse style meets modern comfort on 5 a...	3 beds \| 2 baths \| 2,172 sq.ft.	$450,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 3.01% Airbnb Rental Income: $2181 Traditional Rental Income: $2189 Airbnb ROI: 1.68% Traditional ROI: 3.01%
14626 N County Road 1200 Shallowater, TX Come and see your new modern farmhouse! Located on ten acres on caliche/dirt in prestigiou...	3 beds \| 3 baths \| 1,626 sq.ft.	$329,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 3.99% Airbnb Rental Income: $2181 Traditional Rental Income: $1966 Airbnb ROI: 2.9% Traditional ROI: 3.99%
14708 N County Road 1200 Shallowater, TX Come see this beautiful new construction home by Red Dirt Homes, LLC! Located on 10.01 acr...	3 beds \| 2 baths \| 1,796 sq.ft.	$364,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.71% Airbnb Rental Income: $2181 Traditional Rental Income: $2032 Airbnb ROI: 2.53% Traditional ROI: 3.71%
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.	$355,000	Airbnb cash on cash: 9.54% Traditional cash on cash: 4.08% Airbnb Rental Income: $4947 Traditional Rental Income: $2114 Airbnb ROI: 9.54% Traditional ROI: 4.08%
9315 County Rd 5330 Shallowater, TX Luxury Country Living in Shallowater - Brand New Build on 10 Acres. Experience the perfect...	4 beds \| 3 baths \| 2,257 sq.ft.	$470,000	Airbnb cash on cash: 6.52% Traditional cash on cash: 3.18% Airbnb Rental Income: $4947 Traditional Rental Income: $2464 Airbnb ROI: 6.52% Traditional ROI: 3.18%
8117 County Rd 6100 Shallowater, TX Come see this amazing new construction home by H&M Construction and Design, LLC!. Located ...	3 beds \| 3 baths \| 2,306 sq.ft.	$439,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.31% Airbnb Rental Income: $2181 Traditional Rental Income: $2424 Airbnb ROI: 1.38% Traditional ROI: 3.31%
8207 County Rd 6100 Shallowater, TX Come see this amazing new construction home by H&M Construction and Design, LLC!. Located ...	3 beds \| 3 baths \| 2,308 sq.ft.	$439,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.32% Airbnb Rental Income: $2181 Traditional Rental Income: $2430 Airbnb ROI: 1.38% Traditional ROI: 3.32%
5419 N County Rd 1570 Shallowater, TX Charming Family Home with 2+ Acres in Shallowater ISD Welcome to your new home, nestled in...	3 beds \| 2 baths \| 2,357 sq.ft.	$360,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 4.07% Airbnb Rental Income: $2181 Traditional Rental Income: $2362 Airbnb ROI: 1.9% Traditional ROI: 4.07%
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%

Real Estate investment in Shallowater, TX

There are 41 properties for sale in the city of Shallowater . The median list price in Shallowater is $375,000 and the average price per square foot is $149. In September 2025, the average monthly cash on cash return in Shallowater is 4.00%. The average monthly rental income in Shallowater is $2,189.

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

There are 41 investment properties available for sale in Shallowater.

In 2025, 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 $2,189.

Your search for investment property begins and ends here

Investment Property for Sale in Shallowater, TX

825 Ave T

Shallowater, TX

4 beds | 3 baths | 2,971 sq.ft.

$499,999

Airbnb cash on cash: 5.67%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $4947

Traditional Rental Income: $2712

Airbnb ROI: 5.67%

Traditional ROI: 3.05%

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%

905 Texas Avenue

Shallowater, TX

2 beds | 2 baths | 1,374 sq.ft.

$120,000

Airbnb cash on cash: 8.13%

Traditional cash on cash: 9.46%

Airbnb Rental Income: $1826

Traditional Rental Income: $1487

Airbnb ROI: 8.13%

Traditional ROI: 9.46%

8117 County Rd 6220

Shallowater, TX

4 beds | 6 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.

$275,000

Airbnb cash on cash: 2.88%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $2181

Traditional Rental Income: $1826

Airbnb ROI: 2.88%

Traditional ROI: 3.64%

7906 County Rd 6220

Shallowater, TX

4 beds | 4 baths | 3,713 sq.ft.

$865,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $4947

Traditional Rental Income: $3747

Airbnb ROI: 2.58%

Traditional ROI: 2.35%

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%

511 Avenue U

Shallowater, TX

4 beds | 3 baths | 2,587 sq.ft.

$460,000

Airbnb cash on cash: 6.03%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $4947

Traditional Rental Income: $2601

Airbnb ROI: 6.03%