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Days33Days on Market
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$350,000

$375,000

1155 Shelby Ranch Drive, Palo Pinto, TX, 76484

On MarketInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$486.11 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDisposal, Electric Range, Microwave
FlooringConcrete, Painted/Stained

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size5.06 acres

Land Information

APN203494138
Lot Number65
SubdivisionRiver Bend Ranch
Land UseQualified Ag/Timber Land
Legal DescriptionRIVER BEND RANCH LOT 65 G#R0715-00-00000-065-00-0
Census Tract000300
Assessment Year2025

About this property

Escape to the peace and privacy of country living with this newly constructed 720-square-foot cabin situated on more than 5 heavily treed acres. Complete with its own private water well and an oversized septic system designed to accommodate an additional residence (buyer to verify intended use and permitting requirements), this property is ready to enjoy as a weekend retreat, short-term rental, or the perfect place to build your dream home. The gated community offers exclusive access to the Brazos River, including a neighborhood dock, providing endless opportunities for fishing, kayaking, and relaxing by the water. With abundant mature trees, wildlife, and plenty of space for a custom home, shop, or additional improvements, the possibilities are endless. Conveniently located less than 30 minutes from Texas' newest state park in Palo Pinto County, this property combines natural beauty, recreation, and privacy while remaining within easy reach of nearby amenities. Whether you're looking for a peaceful getaway, an investment opportunity, or a future homesite, this property offers the best of Texas country living.

Investor Tools

$106,806Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Jonathan Cook

Realty Of America, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7
$440
2025
N/A
N/A
$113,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7
$440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Conventional
$116,520
No
First
Feb 8, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,806
N/A
0%
24274%
$699/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: Palo Pinto

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1155 Shelby Ranch Drive | Property Details | No Agent List