The median home in Shallowater, Texas is valued at $289,675, up 1.9% year over year. Shallowater is part of the Lubbock, TX metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Lubbock, TX stress score, crash risk, and 12-month forecast →

Home Value$289,675

+1.9%

AFFORDABILITY

Enter your income for Shallowater.

Income (annual)

Down Payment

$57,935 on $289,675

Stretch — 34.4% of income

Above 28% but manageable with cuts.

PITI$2,149

P/I34.4%

Afford$236K

Gap-$54K

P&I $1,465Tax $435Ins $250

6.50% 30yr, 20% down, county tax + TX ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Texas

Compare Shallowater with other housing markets across Texas.

Westlake$3067K Highland Park$2847K Westover Hills$2586K University Park$2375K Rollingwood$2252K West Lake Hills$1988K Bartonville$1362K Southlake$1256K

Full Lubbock, TX analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Lubbock, TX metro.

View Lubbock, TX metro →

SHALLOWATER, TX