Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated?Info

$212,000

NAL Estimated Property Value

291 W Main Dr, Shepherd, TX, 77371

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.55 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesConvection Oven, Gas Range, Dishwasher

Exterior

Lot Size38,085 sqft

Building Information

Year Built1977

Land Information

APN73425
Lot Number81-84
SubdivisionLake Water Wheel Estates
Land UseResidential
Legal DescriptionLAKE WATER WHEEL ESTATES #1, LOT 81 - 84, ACRES .8743
Census Tract200103
Assessed Land Value$13,330
Assessed Improvement Value$198,670
Assessment Year2025

About this property

Hurry!! This is a beautiful one-story cozy home with an open floor plan sitting on just under an acre in a private community!! The master bedroom has its own private bathroom and nursery room (could be turned into a HUGE walk in closet!!) There is a large "mother in law suite" at the back of the house that has its own bathroom and kitchen! On the outside you have many beautiful elderberry trees, a nice sitting area to relax and enjoy a fire AND full RV hook up! The community has many things to offer, a club house, swimming pool, park, baseball court, basketball court, tennis court, stocked pond and the ability to ride around on your ATVS!! Come view this beautiful home in person and get a feel for the amazing community you will become apart of!

Investor Tools

Property Icon
$212,000
Estimated Property Value
$0Estimated Mortgage Balance
$212,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$982
$212,000
2025
$13,330
$198,670
$212,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$982
$212,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$212,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Shepherd

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

291 W Main Dr | Property Details | No Agent List