0Days on Market

4view

$660,000

203 Chipmunk Trl, Shepherd, TX, 77371

On Market

Just Added

3 Beds

3 Bath

2,168 Sq Ft

Single Family Residence

$304.43 / sqft

Built in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Half 3

AppliancesDisposal, Refrigerator Included, Washer Included, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Private Pool

Lot Size19.81 acres

Building Information

Year Built2002

Garage Spaces4

Land Information

APN49374

Lot Number202,203

SubdivisionBallas

Land UseResidential

Legal DescriptionBALLAS 458, LOT 202 & 203, ACRES 19.806

Census Tract200103

Assessed Land Value$336,700

Assessed Improvement Value$307,210

Assessment Year2025

About this property

Country living at its finest on 20+ secluded acres just minutes from Hwy 59. This 3-bedroom, 3-bath home offers an open-concept layout designed for entertaining, plus a resort-style pool, two ponds, and a unique workshop/bar featuring a full kitchen, full bath, loft, and custom rustic finishes. Enjoy peaceful country views from the wraparound porch overlooking a stocked fishing pond and beautiful acreage. Located on a quiet dead-end road, the property offers the privacy, tranquility, and space that are becoming increasingly difficult to find. The versatile shop/bar is ideal for entertaining guests, hosting family gatherings, or creating the ultimate hobby space. Recent updates include a 2023 metal roof with LeafGuard gutters, remodeled guest bath, new flooring, fresh interior paint, pool resurfacing with QuartzScapes finish, and upgraded shop flooring. A rare blend of privacy, recreation, and functionality with plenty of room to relax, entertain, fish, and enjoy the outdoors.

Investor Tools

$130,928Estimated Mortgage Balance

$512,982Estimated Equity

79% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,960 /month

Positive

Cash Flow Estimate:

$1,320 /month

Interested in this property?

Richard Brown

Winhill Advisors - Kirby

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$494/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,704

$643,910

2025

$336,700

$307,210

$643,910

Tax History

Year

Tax Paid

Assessed Value

2025

$2,704

$643,910

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quicken Loans Inc

Stand Alone First / Home Equity First Lien

$156,000

First

Sep 24, 2018

Oct 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$130,928

$512,982

79%

20%

$936/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$936/mo

+$786/mo

3.2%

Learn About the Market: Opportunity in Texas

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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.

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