$160,000
231 Page Ave, Shepherd, TX, 77371
On Market
Highlights
Interior
AppliancesMicrowave, Dishwasher
Exterior
Lot Size7,100 sqft
Building Information
Year Built1932
Land Information
APN44813
SubdivisionChristian Smith
Land UseResidential
Legal DescriptionA050 CHRISTIAN SMITH, TRACT 198, ACRES .163
Census Tract200104
Assessed Land Value$5,220
Assessed Improvement Value$117,450
Assessment Year2025
About this property
Welcome to the charming town of Shepherd, Texas. This 3 bed 1 bath home offers a peaceful country lifestyle with a convenient commute to Houston. Located just minutes from town, schools, and Highway 59, this property boasts no restrictions, no HOA, and low taxes. Upgrades have been made to enhance the home's appeal. Don't miss out on this opportunity for relaxed living in a welcoming community.
Investor Tools
$152,645Estimated Mortgage Balance
$10,355Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,104
$122,670
2025
$5,220
$117,450
$122,670
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,104
$122,670
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$157,575
No
First
Sep 26, 2024
Oct 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,645
$10,355
6%
94%
$945/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$945/mo
+$362/mo
9.6%
