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$262,000

NAL Estimated Property Value

30 W Main Dr, Shepherd, TX, 77371

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,323 Sq Ft
price_per_sqft$39.09 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesMicrowave

Exterior

Private PoolPrivate Pool
Lot Size4.03 acres

Building Information

Year Built1957

Land Information

APN73448
Lot Number1-8
SubdivisionLake Water Wheel Estates
Land UseResidential
Legal DescriptionLAKE WATER WHEEL ESTATES #1, LOT 1-8 & RESERVE, ACRES 4.0334
Census Tract200103
Assessed Land Value$61,500
Assessed Improvement Value$189,990
Assessment Year2025

About this property

4+acres with well and septic system, located on a beautiful corner lot with lots very old and impressive oak trees! Beautiful view of lake right across the street. Not a better location in the subdivision!! Home needs to be completely redone. Had an addition that is basically a tear down ! Investor special! AS IS WHERE IS! Excellent price for improved acreage on lake front. Build your dream home away from it all!Won't last! Has separate work shop area. Fully fenced. Never flooded! High and dry! Value is in location , location, location!! Won't last long!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$276,689Estimated Mortgage Balance
$262,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,249
$251,490
2025
$61,500
$189,990
$251,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,249
$251,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Va
$278,300
Yes
First
Jan 8, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,689
N/A
0%
106%
$1,669/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,994/mo
$-272/mo
7.9%

City: Shepherd

30 W Main Dr | Property Details | No Agent List