20
Map
$1,250,000
●
House -
For Sale
10740 Shepard Hill Road
Willis, TX 77318
3 Beds
3 Baths,
1
Half Bath
3,497 Ft²
$6,908
Est. Monthly
About This Property
Room to live, work, and play on 4 UNRESTRICTED acres! A majestic
live oak and circular drive welcome you to this fully renovated
single-story ranch home. The open living area features vaulted
ceilings, wood-look floors, and a brick fireplace. The stunning
kitchen boasts an oversized quartz island, double ovens, gas
cooktop, custom wood hood, wine storage, and a butler's
pantry/coffee bar. Enjoy a home office, media room, second
kitchen/utility room, and a light-filled sunroom with pine ceiling.
The primary suite offers a private fireplace and spa-like bath with
glass shower and exterior door. Secondary bedrooms showcase wood
slat accent walls; one bath features a clawfoot tub. Outside, relax
by the pool and spa under the covered patio. The large steel shop
has multiple roll-up doors, a pickleball court, and a finished
climate-controlled gym. A private pond, open pasture, and mature
trees complete this rare property. Bring horses, toys, and big
plans!
Unit Size
3,497 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$357
Property Type
House
Property Taxes
$770
HOA Dues
-
Year Built
1973
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (HAR #38879279)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Listed by Grand Monarch Management LP | $1,250,000 | |
| Listed by Grand Monarch Management LP | |||
| Feb 22, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 19, 2023 | Listed by Grand Monarch Management LP | $2,275,000 | |
| Listed by Grand Monarch Management LP | |||
| | |||
|
UNRESTRICTED and remodeled Ranch home on over 24 acres with 2400 sq ft barn, two pole barns, 2 stall stable and chicken coop. 3 or 4 bedrooms, current layout is on master and 2 family rooms, 2 laundry rooms, separate well house with office, 2 septic systems, new 75 psi well tank, 2 pond, one with a fountain and lighting, integrated trimlight edge lighting so no more hanging holiday lights. New roof and gutters in 2021, new inground heated pool and spa 2021. All new concrete driveways. Current wildlife ag exemption on 22.772 acres. NEWLY Added 800 sq ft gym in the barn with full heat and AC. Remote controlled window blinds large covered outdoor patio adjoining pool with large ceiling fans. Cross fenced with two large chain link fenced paddocks. Gazebo at the stocked back pond with bass and catfish. This is a one of a kind home that can have two family rooms or two master bedrooms, you decide. Completely gated access to your new ranch.
| |||
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by Vision Reatly | $1,200,000 | |
| Listed by Vision Reatly | |||
| | |||
|
Lovely Ranch Style Home - Updated - Home has 3 bedrooms, 2 1/2 baths, 2 fireplaces, Gourmet kitchen and big back patio. Also RV size attached carport. Large Sunroom/Breezeway connects to the separate Guest Quarters where you'll find a full kitchen, separate bedroom, living area and full bathroom. Guest Quarters also has private front and back entrances. Nestled near the middle of the property is a large secluded gazebo. Great for campouts! Ponds are stocked. Property has premium hay pastures that have been meticulously maintained. 40x60 Barn, metal with electric and water. Room measurements are approximate - Buyers should verify if important factor.
Owner will carry a note - Appointment Required - Call Today
| |||
Property Highlights
Fireplace
Parking Details
Has Carport
Parking Features: Attached Carport
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Dry Bar, Vaulted Ceiling(s), Wet Bar, All Bedrooms Down
Appliances: Disposal, Ice Maker, Refrigerator, Water Softener, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Tile, Vinyl Plank
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 2
Exterior Details
Square Footage: 3497
Architectural Style: Ranch
Year Built: 1973
Building Area Total: 3497
Other Structures: Shed(s), Workshop, Barn/Stable
Window Features: Window Coverings, Insulated/Low-E windows
Construction Materials: Brick, Cement Siding, Wood Siding
Patio and Porch Features: Covered, Patio
Pool Features: Gunite
Pool is Private
Lot Features: Cleared, Other, 2 Up to 5 Acres
Lot Size Area: 4
Lot Size Units: Acres
Lot Size Acres: 4
Lot Size Square Feet: 174240
Water Source: Well
Financial Details
Tax Annual Amount: $9,239
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Aerobic Septic, Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montgomery
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Listed by: Anthony Cook, Grand Monarch Management LP
Last Updated: 2 months ago
Data Source: HAR , MLS# 38879279
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Last Updated: 2 months ago
Data Source: HAR , MLS# 38879279
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