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  • Price Unknown

    5435 N County Road 1540, Shallowater, TX 79363

    --beds
    0baths
    62.77Acres
    Unimproved Land, Land
    Built in ----
    62.77 Acres Lot
    $300,500 Zestimate®
    $--/sqft
    $1,161 Estimated rent

    Home value

    $300,500

    $255,000 - $349,000

    $1,161/mo

    Zestimate® history
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    What's special

    Extremely level farmHighly desirable area
    We are pleased to present the exclusive listing on this 62.76 acre tract just outside Lubbock and Shallowater, Texas. This tract is located in a highly desirable area with residential development already present around most of the property. This tract is an opportunity for development or a longtime hold, with the future Loop 88 projected to run just outside the southern border of the property. Location: The location of the farm is highly desirable. The farm is less than two miles from Highway 84, and has access to FM 2641 on the South side of the property. Land: The land is completely covered by Acuff loam, and is an extremely level farm, with only a 1% slope in some areas. Farming: The farm is currently being farmed by a tenant on a crop share as a dryland farm. Development: The farm is located in an area that is currently being developed for single family residential use. The current renderings for Loop 88 also runs just South of the property line.

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Griffith TREC #0737265 806-781-2167,

    Keller Williams Realty

    Bought with:

    Matt Murray, TREC #0532983

    Texas Home and Land Connection

    Source: LBMLS,MLS#: 202554640MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 62.77 Acres
    Details
    • Parcel number: R338592

    Utilities & green energy

    • Utilities for property: None

    Community & HOA

    Location
    • Region: Shallowater

    Financial & listing details

    • Tax assessed value: $100,970
    • Annual tax amount: $681
    • Date on market: 5/14/2025
    • Cumulative days on market: 103 days
    • Road surface type: Dirt, Paved

    Price history

    DateEventPrice
    9/24/2025Sold--
    Source: LBMLS #202554640 Report a problem
    8/26/2025Pending sale$375,000
    Source: LBMLS #202554640 Report a problem
    5/14/2025Listed for sale$375,000-6.2%
    Source: LBMLS #202554640 Report a problem
    2/4/2025Listing removed$399,900
    Source: LBMLS #202315480 Report a problem
    12/13/2024Listed for sale$399,900-2%
    Source: LBMLS #202315480 Report a problem
    7/9/2024Listing removed$407,940
    Source: LBMLS #202315480 Report a problem
    6/13/2024Listed for sale$407,940
    Source: LBMLS #202315480 Report a problem
    5/28/2024Pending sale$407,940
    Source: LBMLS #202315480 Report a problem
    5/15/2024Listed for sale$407,940
    Source: LBMLS #202315480 Report a problem
    4/11/2024Pending sale$407,940
    Source: LBMLS #202315480 Report a problem
    3/12/2024Price change$407,940-18.8%
    Source: LBMLS #202315480 Report a problem
    10/17/2023Listed for sale$502,080
    Source: LBMLS #202315480 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$681 +19.5%$40,438 -62.3%
    2024$570 +18.6%$107,281 +282%
    2023$481 -13.7%$28,082 -4.3%
    2022$557 +14.7%$29,345 +10.2%
    2021$486 -5.6%$26,617 -3%
    2020$515 $27,441
    Find assessor info on the county website

    Neighborhood: 79363

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Shallowater
    • High: Shallowater

    Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.