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$268,000

NAL Estimated Property Value

1261 Thomas Castleberry Rd, Shepherd, TX, 77371

$348,400 ARVInfo
Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,760 Sq Ft
price_per_sqft$503.62 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size20.83 acres

Building Information

Year Built2020
Garage Spaces2

Land Information

APN43302
SubdivisionJose Dolores Martinez
Land UseResidential
Legal DescriptionA034 JOSE DOLORES MARTINEZ, TRACT 142, ACRES 20.828
Census Tract200103
Assessment Year2025

About this property

Exquisite rustic retreat nestled on 43 unrestricted acres! The private gated entrance will welcome you to this luxurious high fenced property. This 2020 custom built home flaunts high-ceilings, open concept split floor plan, leathered granite, gourmet kitchen with high end appliances, custom barn wood trim, custom cabinetry throughout, spray foam insulation, generac generator, floor to ceiling stone fireplace, and much more! Out door living at its finest, this backyard does not disappoint! Take a step out the back door into your own private oasis.You'll want to note the oversized back porch, outdoor bathroom, in ground pool with hot tub, custom fire pit area for those chilly winter nights, and the covered 26x35 outdoor kitchen. Other outbuildings include 12 carports (currently used in deer pens for shelter), 36x50 barn (heated and cooled), 30x55 shop, and a 40x40 pole barn. Property is currently set up for raising deer and features several high fenced pens. Too many features to list!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$348,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$880/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,221
N/A
2025
N/A
N/A
$983,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,221
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$242,000
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: Shepherd

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1261 Thomas Castleberry Rd | Property Details | No Agent List