Last 24 Hours
$406,350
NAL Estimated Property ValueFm 222, Shepherd, TX, 77371
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size59.71 acres
Land Information
APN92421
SubdivisionJerusha Hardin
Land UseAgriculture / Farming
Legal DescriptionA378 JERUSHA HARDIN, TRACT 2.1, ACRES 59.705
Assessed Land Value$406,350
Assessment Year2025
About this property
124 acres of prime real estate, ideal for a Commercial or residential development. Perfect location for an RV Park or Neighborhood with a natural creek on FM 222. City water and sewer available. Located in a rural small town just 60 miles from Houston and a short drive to Lake Livingston.
Investor Tools
$406,350
Estimated Property Value
$0Estimated Mortgage Balance
$406,350Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$343
$406,350
2025
$406,350
N/A
$406,350
No
Tax History
Year
Tax Paid
Assessed Value
2025
$343
$406,350
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$406,350
100%
0%
$0/mo
12.4%