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$650,000

3400 Fm 1127, Shepherd, TX, 77371

On MarketInfo
Beds6 Beds
Baths2 Bath
Baths1,276 Sq Ft
price_per_sqft$509.4 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 2Bathrooms 2
AppliancesConvection Oven, Microwave, Electric Cooktop
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size51.40 acres

Land Information

APN41871
SubdivisionWilliam M Logan
Land UseResidential
Legal DescriptionA024 WILLIAM M LOGAN, TRACT 11, HUD# HWC078452, HUD#2 NO INFO AVAILABLE; HUD# NO INFO AVAILABLE, HUD#2 NO INFO AVAILABLE;
Census Tract200103
Assessed Land Value$186,680
Assessed Improvement Value$59,670
Assessment Year2025

About this property

This exceptional 54.1-acre property offers endless possibilities for recreational use, hunting, ranching, investment, or building your dream home. A spacious mobile home with 6 rooms and 2 bathrooms is already on-site with utilities in place, providing the perfect setup for a permanent residence, weekend getaway, or hunting retreat. Additional improvements include a second mobile home currently used for storage, hay storage area, There is an electric gate and enjoys convenient access from a major road, combining privacy with easy accessibility. Located approximately one hour from Houston, this peaceful country property offers the perfect balance of rural living and city convenience.

Investor Tools

$0Estimated Mortgage Balance
$449,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Yolanda Rahbani

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,973
$246,350
2025
$186,680
$59,670
$246,350
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,973
$246,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$449,000
100%
0%
$0/mo

City: Shepherd

3400 Fm 1127 | Property Details | No Agent List