502 Ave V, Shallowater, TX 79363 Property Records

Lubbock County property record for 502 Ave V, Shallowater, TX 79363 · Last verified February 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	3 Baths
Year Built	Built 2022
Square Footage	2,358 sqft Living Area
Lot Size	10,457 sqft (0.24 acres)
Garage	528 sqft
Occupancy	Owner Occupied
Tax Bill	$6,936.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`R342368`

Interior

Bedrooms	3 Beds
Full Baths	3 Baths
Building Area	2,358 sqft Living Area
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 2022
Exterior Material	Brick Veneer Exterior
Foundation Type	Mat/Raft Foundation (Slab) Foundation
Roof Construction	Hip Roof Construction
Roof Material	Composition Shingle Roof
Lot Area	10,457 sqft (0.24 acres)
Garage Area	528 sqft Garage

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	502 AVENUE V
City	SHALLOWATER
State	TX
Zip	79363-5713
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	DIAMONDHEAD ESTATES V L 21
Legal Subdivision	DIAMONDHEAD ESTATES
Legal Lot Number	210
Jurisdiction	LUBBOCK TX
Minor Civil Division	SHALLOWATER
Census Blockgroup	2
Census Block	2098
Census Tract	10301

Owner

Source: Lubbock County records · APN R342368

Assessment roll updated August 1, 2025 · Last verified February 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	502 AVENUE V, SHALLOWATER, TX 79363-5713
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Nov 05, 2021
Deed Sale	Nov 05, 2021
Deed Doc Number	2021-57742
Record Refreshed	Jun 08, 2026

December 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LUBBOCK TX
Property Address	502 AVENUE V, SHALLOWATER, TX 79363-5713
Transaction Type	Mortgage
Record Updated	Mar 18, 2024
Title Company	SERVICE TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000056000
Date	Dec 15, 2022
Instrument	2022056000

Lender

Name	FIRST UNITED BANK
Type	Bank
Address	LUBBOCK, TX 79424

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 01, 2053

Tax Assessment & Valuation

Source: Lubbock County records · Assessment roll updated August 1, 2025 · Last verified February 2026

Property Jurisdictions

Type	Name
State	Texas
County	Lubbock County
Municipality	Shallowater City
Unified School District	Shallowater Independent School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,936.00 (-8.95%) Homeowner's exemption	$385,298 (-5.85%) Land $57,000 Building $328,298	$385,298 (-5.85%) Land $57,000 Building $328,298
2024	$7,618.00 (-6.92%)
2023	$8,184.00 (+470.31%)	$409,232 Land $22,000 Building $387,232	$409,232 Land $22,000 Building $387,232
2022	$1,435.00

Flood & Wildfire

502 Ave V is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Lubbock County (48303C), updated October 6, 2026

FEMA Flood Zone	Zone X minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard Area	No

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to Homes	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.