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$145,000

NAL Estimated Property Value

143 Mehringer Road, Shepherd, TX, 77371

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.08 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Refrigerator

Land Information

APN137413
Lot Number18
Land UseMobile Home
Legal DescriptionMOBILE HOME ONLY ON LAKE RUN-A-MUCK ESTS #5, LOT18 HUD# PFS0420734
Census Tract200104
Assessed Improvement Value$55,600
Assessment Year2025

About this property

Presenting a unique opportunity in Shepherd, this 1996 mobile home sits on desirable unrestricted lots, offering unparalleled freedom with no HOA or covenants. The functional 3-bedroom, 2-bathroom floor plan provides a comfortable living space with a classic layout, perfect for families or investors. Outside, the property is a blank canvas waiting for your vision, whether it's building a workshop, creating a beautiful garden, or parking an RV. Enjoy the privacy and potential of this secluded, wooded lot while remaining conveniently close to Highway 59 and local amenities. Ideal for those seeking a tranquil homestead or a smart investment property with significant upside potential, this home is being sold "as-is" and is ready for its new owners to personalize it to their taste. Don't miss this rare chance to own unrestricted land in a prime Shepherd location.

Investor Tools

Property Icon
$145,000
Estimated Property Value
$0Estimated Mortgage Balance
$145,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$862
$55,600
2025
N/A
$55,600
$55,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$862
$55,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$145,000
100%
0%
$0/mo

City: Shepherd

143 Mehringer Road | Property Details | No Agent List