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$145,000

NAL Estimated Property Value

610 S Railroad Ave, Shepherd, TX, 77371

$188,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.47 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDryer Included, Refrigerator Included, Washer Included, Electric Oven, Electric Range
FlooringLaminate

Exterior

Lot Size7,501 sqft

Building Information

Year Built1950

Land Information

APN56011
Lot Number6
SubdivisionDixon
Land UseResidential
Legal DescriptionDIXON #1, BLOCK 1, LOT 6, ACRES 0.1722
Census Tract200104
Assessed Land Value$6,000
Assessed Improvement Value$37,970
Assessment Year2025

About this property

Stunning New Construction Home with Workshops in Serene East Texas Setting.** This unique property includes a brand-new 3-bedroom, 3.5-bathroom home and two commercial-grade workshops. The home features high ceilings, a custom island, custom cabinets, luxurious granite countertops, a walk-in pantry, and an oversized utility room. The primary bath boasts double vanities, a double shower, and elegant finishes. The first workshop, a 32'x40' commercial-grade structure, is perfect for tradesmen with space for equipment and vehicles. The adjacent lot includes a second 24'x40' commercial-grade building with a full bath. The 7,400 sq ft lot provides ample space for parking or equipment storage and is unrestricted for tailoring to your needs. Located just 15 minutes from Cleveland, TX, enjoy small-town charm near the Davy Crockett National Forest and Lake Livingston.

Investor Tools

Property Icon
$145,000
Estimated Property Value
$301,651Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$188,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$754
$43,970
2025
$6,000
$37,970
$43,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$754
$43,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Sba Participation Trust Deed
$308,000
No
First
Mar 21, 2025
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,651
N/A
0%
208%
$1,847/mo

Learn About the Market: Opportunity in Texas

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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.

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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

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610 S Railroad Ave | Property Details | No Agent List