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$335,000

NAL Estimated Property Value

2720 Cherry Creek E Drive, Shepherd, TX, 77371

Off MarketInfo

About this property

This unrestricted 18 acre property is located just 10 minutes from Cleveland, offering both privacy and convenience with quick access to Highway 59. The property already has a public water tap in place at the road and electricity available at the street. Back 2 acres have been partially cleared and there is a roadway on the left side property line that extends to the back of the property. Enjoy the added benefit of having a creek that runs through the property & a timber exemption that provides a significant tax-saving advantage. Whether you’re planning to build a home, looking for an investment or seeking space for outdoor recreation, this property offers endless opportunities in a peaceful and convenient location. Not in a flood zone*

Investor Tools

Property Icon
$335,000
Estimated Property Value
$0Estimated Mortgage Balance
$335,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

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

City: Shepherd

2720 Cherry Creek E Drive | Property Details | No Agent List