Last 24 Hours
$115,000
451 Farm Pasture Rd, Shepherd, TX, 77371
On Market
Just Added
2 Beds
2 Bath
924 Sq Ft
Single Family Residence
$124.46 / sqft
Built in 1973Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms 2Exterior
Lot Size3.01 acres
Land Information
APN80835
Lot Number40
SubdivisionOld Langham #3 Replat
Land UseResidential
Legal DescriptionOLD LANGHAM #3 REPLAT, LOT 40, ACRES 3.015
Census Tract200103
Assessed Land Value$81,810
Assessed Improvement Value$26,860
Assessment Year2025
About this property
3+ Acres of Unrestricted land with a pond and all utilities. Plenty of room to garden, raise animals and add additional living spaces. Home is in need of repairs or remove and replace with a new home. Three outbuildings get you started and a pond is onsite for fishing off a dock or livestock. Property is priced to move. Please contact listing agent for all details.
Investor Tools
$0Estimated Mortgage Balance
$298,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,685
$108,670
2025
$81,810
$26,860
$108,670
Yes (2022)
Tax History
Year
Tax Paid
Assessed Value
2025
$1,685
$108,670
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$298,000
100%
0%
$0/mo
12.4%