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$138,050

NAL Estimated Property Value

200 Spring Ave, Shepherd, TX, 77371

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,113 Sq Ft
price_per_sqft$143.76 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Oven, Gas Range
FlooringCarpet, Laminate

Exterior

Lot Size21,000 sqft

Building Information

Year Built1975

Land Information

APN78028
Lot Number10-12
SubdivisionShepherd Townsite
Land UseResidential
Legal DescriptionSHEPHERD TOWNSITE, BLOCK 34, LOT 10 - 12, ACRES .4821
Census Tract200104
Assessed Land Value$21,000
Assessed Improvement Value$117,050
Assessment Year2025

About this property

This Well-Kept 2 Bedroom/ 1.5 Bath Brick Home On Nearly A Half Acre Lot In A Nice And Clean Part Of Shepherd Is Ready For It's New Owner! The Home Features A BRAND NEW ROOF With An Attached Carport With A Utility Room. The Kitchen Boasts Real Wood Cabinets And Carpets Were Just Steam Cleaned. The Bathrooms Are Jack And Jill With Direct Access From The Primary Bedroom. The Expansive CORNER Lot Features Beautiful Mature Trees And Partially Fenced- Great Direct Neighbors And No Restrictions. Very Nice And Clean And Move-In Ready. Great Potential For Some Cosmetic Updates For Some Modernizing. City Services! This One Won't Last Long!

Investor Tools

Property Icon
$138,050
Estimated Property Value
$162,699Estimated Mortgage Balance
$138,050Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,368
$138,050
2025
$21,000
$117,050
$138,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,368
$138,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Fha
$162,011
Yes
First
Jun 21, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,699
N/A
0%
118%
$1,011/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,011/mo
+$711/mo
15.0%

City: Shepherd

200 Spring Ave | Property Details | No Agent List