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

$129,000

NAL Estimated Property Value

610 S Railroad Ave, Shepherd, TX, 77371

Off MarketInfo
Beds2 Beds
Baths1,001 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.8 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
AppliancesDryer, Refrigerator, Washer, Electric Range, Electric Oven
FlooringLaminate

Exterior

Lot Size7,501 sqft

Building Information

Year Built1945

Land Information

APN56010
Lot Number5
SubdivisionDixon
Land UseResidential
Legal DescriptionDIXON #1, BLOCK 1, LOT 5, ACRES 0.1722
Census Tract200104
Assessed Land Value$6,000
Assessed Improvement Value$78,360
Assessment Year2025

About this property

Charming Cottage--Style Home Near The Davy Crockett National Forest. Discover a cozy 3-bedroom, 2-bathroom cottage remodeled in 2024. This home features 10-foot ceilings, new windows, and a central HVAC system. Enjoy a spacious screened porch and a finished 10'x15' loft extra room. Minutes from Davy Crockett National Forest, Trinity River, and dam. Includes a roof and water heater from 2015, plus a generator valet plug for an easy generator connection. Cem A large backyard provides a peaceful retreat. Exterior siding was replaced with cement board. Washer, dryer, and fridge included. An unrestricted lot, 15 minutes from Cleveland, Texas, perfect for those seeking small-town charm. Escape the hustle and bustle while still enjoying modern conveniences and great schools nearby. Optionally, purchase the adjacent lot with an additional 24'x40' commercial-grade workshop and yard.

Investor Tools

Property Icon
$129,000
Estimated Property Value
$0Estimated Mortgage Balance
$129,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /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
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,447
$84,360
2025
$6,000
$78,360
$84,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,447
$84,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$167,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
16.0%

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...

610 S Railroad Ave | Property Details | No Agent List