Located on the frontage of Highway 84 within the city limits of Shallowater, this expansive 8.388-acre property offers an exceptional opportunity for various ventures. The large frontage tract ensures high visibility to the heavy traffic along this major highway, making it an ideal location for commercial development. As part of a growing community, this property is perfectly positioned to capitalize on the increasing demand for both residential and business needs. The possibilities are endless on this prime piece of real estate, promising great potential for investors and developers looking to make a significant impact in Shallowater.
The median home value in Shallowater, TX is $299,500. This is higher than the county median home value of $192,500. The national median home value is $338,100. The average price of homes sold in Shallowater, TX is $299,500. Approximately 75.14% of Shallowater homes are owned, compared to 18.94% rented, while 5.92% are vacant. Shallowater real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shallowater real estate agent to arrange a tour today!
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.