$236,000
51 N Frances Avenue, Shepherd, TX, 77371
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About this property
Private Country Setting! First Time Home Buyers Special or Just For that Weekend Getaway Spot! This Traditional One-Story Home is Situated on 1.15 Acres of Land! (5 lots) Home Features 3/2 w/Open-Concept Living Room with Cathedral Wood Beamed Ceilings that Opens to the Dining/ Kitchen Combo. Breakfast Bar Separates the Kitchen/ Dining Area; Utility Room with Walk in Pantry. Primary Bedroom + Primary Bath with Shower Only; Many updates throughout includes 3 yr old composition roof, newly installed bamboo wood flooring, upgraded bathrooms. Attached Carport + 2 car Detached Garage. Lake Water Wheel Subdivision Amenities Include: Community Pool (under some remodeling/repairs due to last Fed Freeze), private lake, clubhouse, playground area, tennis courts, and private air strip for the neighborhood owners, some have their own planes & hangers Make your private appt today!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Shepherd
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