$250,000
●
House -
For Sale
11281 Highway 150
Shepherd, TX 77371
4 Beds
1 Bath,
1
Half Bath
1,818 Ft²
$1,391
Est. Monthly
About This Property
Discover comfort, flexibility, and charm in this cozy property
situated on a fully fenced lot. The main home offers a warm and
inviting feel, perfect for everyday living or a quiet retreat.
Enjoy relaxing mornings and peaceful evenings on the covered porch
and patio, ideal for entertaining or unwinding outdoors. A major
highlight is the added dwelling, 714sqft and built in 2024,
installed in the backyard, fully set up with utilities and move-in
ready. This 2-bedroom, 2-bath addition provides excellent potential
for guests or rental income. With multiple living options and a
versatile layout, this unique property is full of opportunity.
Schedule your showing today!
PROPERTY WILL BE SOLD AS IS!
PROPERTY WILL BE SOLD AS IS!
Unit Size
1,818 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$138
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 8 months ago (HAR #90020149)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2026 | Listed by eXp Realty, LLC | $250,000 | |
| Listed by eXp Realty, LLC | |||
| Jan 17, 2025 | No longer available | - | |
| No longer available | |||
| Jan 1, 2025 | Listed by Creekwood Realty | $180,000 | |
| Listed by Creekwood Realty | |||
| | |||
|
This home has SO much potential! Boasting almost an acre in Shepherd with room to grow. The home needs work but it's in a great location. The property could be used for a business or residential. Possibility of adding more structures if you'd like to use it as a rental property. What can YOU imagine?
| |||
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 6, 2024 | Listed by Creekwood Realty | $160,000 | |
| Listed by Creekwood Realty | |||
| | |||
|
This home has SO much potential! Boasting almost an acre in Shepherd with room to grow. The home needs work but it's in a great location. The property could be used for a business or residential. Possibility of adding more structures if you'd like to use it as a rental property. What can YOU imagine?
| |||
Show More
Property Highlights
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: All Bedrooms Down
Appliances: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
Flooring Type: Tile, Vinyl
Laundry Features: Washer Hookup
Exterior Details
Square Footage: 1818
Architectural Style: Other
Year Built: 1941
Building Area Total: 1818
Construction Materials: Other
Patio and Porch Features: Covered
Lot Features: Cleared, 1/2 Up to 1 Acre
Lot Size Area: 0.9055
Lot Size Units: Acres
Lot Size Acres: 0.9055
Lot Size Square Feet: 39443.58
Water Source: Public
Financial Details
Tax Annual Amount: $1,951
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
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 Shepherd
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Adam Olsen, eXp Realty, LLC
Last Updated: 8 months ago
Data Source: HAR , MLS# 90020149
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 8 months ago
Data Source: HAR , MLS# 90020149
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017