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$192,000

NAL Estimated Property Value

401 Mid Ln, Shepherd, TX, 77371

$194,998 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.65 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Refrigerator, Washer, Microwave, Electric Cooktop, Electric Oven
FlooringCarpet, Vinyl

Exterior

Lot Size1 acre

Building Information

Year Built1975

Land Information

APN72342
Lot Number138,139
SubdivisionLake Tejas
Land UseResidential
Legal DescriptionLAKE TEJAS, LOT 138 & 139, ACRES 1.0
Census Tract200103
Assessed Land Value$20,000
Assessed Improvement Value$167,220
Assessment Year2025

About this property

ONE OF A KIND UNIQUE PROPERTY ON 1 ACRE! Come sit on the Large 20x30 porch and enjoy the peace and quiet or go to the community lake and go fishing. There is two homes on this property, 1 bed/1bath main house and a 1bedroom loft 1 Bath guest house for total approx sq footage of over 1900 sq ft. Main home has open kitchen with island, a large master bedroom, built-in cabinets in the living room, large walk-in storage closet with shelving, 50 amp service for an RV hook-up and storage building with small workshop. Enjoy the covered porch that connects the main house with guest house. DID NOT FLOOD during Harvey.

Investor Tools

Property Icon
$192,000
Estimated Property Value
$0Estimated Mortgage Balance
$31,691Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$194,997
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,903
$187,220
2025
$20,000
$167,220
$187,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,903
$187,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,220
100%
0%
$0/mo

City: Shepherd

401 Mid Ln | Property Details | No Agent List