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$8,799

NAL Estimated Property Value

0000 Vickie, Shepherd, TX, 77371

Off MarketInfo

About this property

Unobstructed waterview lot in private air strip community! Rare opportunity to purchase one of a few 1st row lots on the east end of the lake. Adjacent lots are undeveloped. These lots do not come up for sale often. Lake Water Wheel Estates is a quiet community located in Shepherd, Texas, about halfway between Cleveland and Livingston, that offers a small private lake, community pool, clubhouse, private air strip, playground, basketball and tennis courts. Lake Water Wheel Estates is perfect for full time living or just weekend R&R. Building and use restrictions are enforced. No Mobiles allowed, but short-term camping may be approved. Buyer to independently verify all information prior to submitting any offers. Utilities available.

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Property Icon
$8,799
Estimated Property Value
$0Estimated Mortgage Balance
$8,799Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$38/month
5.947%

City: Shepherd