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Days19Days on Market
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$1,200,000

1147 Shafer LN, Menard, TX, 76848

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,800 Sq Ft
price_per_sqft$666.67 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDryer, Microwave, Range, Refrigerator, See Remarks, Washer
FlooringCarpet, See Remarks, Wood

Exterior

Exterior FeaturesSee Remarks
Lot Size33 acres

Building Information

Year Built1900
Garage Spaces1

Land Information

APN00105-0078-300-10
Land UseAgriculture / Farming
Legal DescriptionJ BREECHER ABST. 105 SEC 78
Census Tract950300
Assessed Land Value$720,300
Assessed Improvement Value$215,480
Assessment Year2025

About this property

Discover a rare Hill Country retreat at 1147 Shafer Lane in Hext, Texas. Situated on approximately 32.94 acres, this private, scenic property offers roughly 660 feet of San Saba River frontage and peaceful views throughout. Built in 2021, the approximately 1,800-square-foot home features four bedrooms and three bathrooms. Enjoy outdoor living from the covered porch overlooking the river or relax on the upstairs deck, complete with a hot tub that conveys with the property. The acreage offers ample room for recreation, livestock, hunting, or a private weekend getaway. Included is a large metal building with electric and cement flooring. Additional equipment may be available for separate purchase, including a tractor with multiple attachments and shredder, a Polaris, trailers, and a hunting blind. A unique opportunity to own a newer home with substantial acreage and river frontage in the heart of the Texas Hill Country.

Investor Tools

$0Estimated Mortgage Balance
$246,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Michele Smith

Reata Ranch Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,107
$246,600
2025
$720,300
$215,480
$935,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,107
$246,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,600
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Menard

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1147 Shafer LN | Property Details | No Agent List