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Owner Contacts

$164,070

NAL Estimated Property Value

650 Our Rd, Shepherd, TX, 77371

Off Market

Lease

2 Beds

1 Bath

1,722 Sq Ft

$0.93 / sqft

Built in 1990

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

AppliancesGas Oven, Microwave, Gas Cooktop, Dryer, Washer

FlooringLaminate, Tile, Wood, Vinyl

Exterior

Lot Size1.53 acres

Building Information

Year Built1990

Land Information

APN46934

SubdivisionH&Tcrr Co

Land UseResidential

Legal DescriptionA167 H&TCRR CO, TRACT 4.5 & 4.5A, HUD# NO INFO AVAILABLE, ACRES 1.5300

Census Tract200105

Assessed Land Value$50,160

Assessed Improvement Value$113,910

Assessment Year2025

About this property

Secluded 2.5 Acre Mini Ranch – Perfect for Horse Lovers & Families with Agricultural/Show Animals. Nestled in privacy and serenity, this charming 2-bedroom, 1-bath home on 2.5 acres is a true retreat for those seeking space, peace, and a connection to nature. Located in a quiet, secluded area, this property offers everything you need to enjoy rural living while still being close to modern conveniences. 2 Bedrooms, 1 Bathroom with a cozy and functional layout with a Wrap-Around Porch perfect for relaxing. 2 Ponds on the property, adding to its beauty and tranquility. This property is a true gem for those who value privacy, wide-open spaces, and the opportunity to live a more rural lifestyle. Whether you’re an animal enthusiast, a hobby farmer, or simply someone who enjoys peace and quiet, this mini ranch has it all! This property currently DOES NOT have a barn on it. Contact us today to schedule a tour and see all that this incredible property has to offer!

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$278/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,521

$164,070

2025

$50,160

$113,910

$164,070

Tax History

Year

Tax Paid

Assessed Value

2025

$2,521

$164,070

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$236,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

9.6%

Learn About the Market: Opportunity in Texas

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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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