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$115,000

9445 Highway 150, Shepherd, TX, 77371

$149,500 ARVInfo
Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$77.81 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesGas Oven, Gas Range, Dishwasher
FlooringConcrete, Tile

Exterior

Lot Size1 acre

Building Information

Year Built1964
Garage Spaces1

Land Information

APN42073
SubdivisionWilliam M Logan
Land UseResidential
Legal DescriptionA025 WILLIAM M LOGAN, TRACT 108, ACRES 1.0
Census Tract200103
Assessed Land Value$30,000
Assessed Improvement Value$103,910
Assessment Year2025

About this property

Investor special on approximately one acre in Shepherd! This value-add property offers a functional layout with an open dining, kitchen, and living area, a fireplace, and abundant natural light. Outside, enjoy a spacious yard, multiple covered storage areas, a one-car garage, and a covered carport. With cleanup and updates, this property offers excellent potential as a flip, rental, or long-term investment.

Investor Tools

Property Icon
$194,000
Estimated Property Value
$0Estimated Mortgage Balance
$194,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$149,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

Interested in this property?

Adam Olsen

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$289
$133,910
2025
$30,000
$103,910
$133,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$289
$133,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,000
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
10.7%

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.

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

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9445 Highway 150 | Property Details | No Agent List