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Single Family ResidenceResidential
$430,799$164 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

506 AVENUE R

SHALLOWATER, TX 79363
4
Beds
3
Baths
2,630 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.42 ac
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.

Valuation

$431K
$408K low$453K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$61,867
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$49,494
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.85%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$328,932
FIRST UNITED BANK · recorded Feb 21, 2020
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$40,000
ALLIANCE CU

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,205 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$352,897 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$60,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$292,897
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$352,897
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$352,897

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLubbock
Lot (acres)The size of the land the home sits on, from county records.0.42
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Shallowater Middle SchoolA
Middle · Grades 6–8 · 0.7 mi
H
Shallowater High SchoolB-
High · Grades 9–12 · 0.8 mi
E
Shallowater Elementary School
Elementary · Grades PK–2 · 0.8 mi

District: Shallowater Independent School District

Neighborhood · ZIP 79363These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.76
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.15

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.6,754
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.60 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$70,454
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,214
Average tempThe average temperature here across a full year.59°F
Annual precipHow much rain and melted snow falls here in a typical year.19 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.71%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

506 Avenue R measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 88% of homes in Lubbock County
  • Costs more per square foot than 85% of homes in Lubbock County
  • Bigger than 85% of homes in Lubbock County
  • Has a bigger lot than 85% of homes in Lubbock County
  • Newer than 72% of homes in Lubbock County

What homes are worth in Shallowater 79363

Each bar is how many homes fall in that price range. The marker is this home.

This home
$82K$976K

This home is worth more than 76% of homes in Shallowater 79363.

How it measures up in Shallowater 79363

The dot is this home. The mark in the middle is the typical home in Shallowater 79363.

Estimated value$430,799
CheaperTypical $289,840Pricier

Pricier than 76% of homes nearby

Price per ft²$164
CheaperTypical $155Pricier

Pricier than 60% of homes nearby

Living area2,630 ft²
SmallerTypical 1,800 ft²Bigger

Bigger than 80% of homes nearby

Lot size0.42 ac
SmallerTypical 0.52 acBigger

Bigger than 46% of homes nearby

Year built2005
OlderTypical 1999Newer

Newer than 61% of homes nearby

How 506 Avenue R ranks against every home in each area.
MeasureThis homeShallowater 79363Lubbock County
Estimated valuepricier than$430,79976% of homes88% of homes
Price per ft²pricier than$16460% of homes85% of homes
Living areabigger than2,630 ft²80% of homes85% of homes
Lot sizebigger than0.42 ac46% of homes85% of homes
Year builtnewer than200561% of homes72% of homes

About 506 Avenue R

How much is 506 Avenue R, Shallowater, TX worth?

The TopHap Estimate for 506 Avenue R, Shallowater, TX is $430,799 as of Jul 14, 2026. The likely range is $408,217 to $453,381. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 Avenue R, Shallowater, TX last sell?

506 Avenue R, Shallowater, TX last sold on Feb 21, 2020, according to the county's recorded deed.

How big is 506 Avenue R, Shallowater, TX?

506 Avenue R, Shallowater, TX has 4 bedrooms, 3 bathrooms, 2,630 square feet of living space and a 0.42-acre lot.

When was 506 Avenue R, Shallowater, TX built?

506 Avenue R, Shallowater, TX was built in 2005, making it 21 years old.

What schools serve 506 Avenue R, Shallowater, TX?

506 Avenue R, Shallowater, TX is assigned to Shallowater Middle School (middle), rated A; Shallowater High School (high), rated B-; Shallowater Elementary School (elementary). All sit in Shallowater Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 Avenue R, Shallowater, TX compare to other homes in Shallowater 79363?

Among the 2,875 homes in Shallowater 79363, it is worth more than 76% of them ($430,799 against a typical $289,840), its price per square foot is higher than 60% of them ($164 against a typical $155), it is bigger than 80% of them (2,630 ft² against a typical 1,800 ft²), its lot is bigger than 46% of them (0.42 ac against a typical 0.52 ac) and it is newer than 61% of them (2005 against a typical 1999). Measured against all of Lubbock County, it is worth more than 88% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 506 Avenue R, Shallowater, TX?

The 2025 property tax bill for 506 Avenue R, Shallowater, TX was $6,205. The county assessed it at $352,897.

Closest homes

More homes in Shallowater 79363

Assigned schools

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