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TRACT B 15970 Shepherd Rd
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
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| May 28, 2026 | Listed by Option One Real Estate | $322,600 | |
| Listed by Option One Real Estate | |||
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | Listed by West and Swope Ranches | $300,000 | |
| Listed by West and Swope Ranches | |||
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Fixer-Upper with Pool and Acreage, Close to San Antonio This 2,400 sq. ft. home, built in 1964, sits on a private 3-acre lot and offers great potential for renovation. The home features three bedrooms, three bathrooms, an attached garage, a fireplace, and two porches. The backyard includes an inground pool, and there's plenty of space to work with. Located just a short drive from the city, you can enjoy the peace and privacy of rural living without the high costs of urban areas. Additional land is available for purchase-see MLS#: 1775742 for more details. This property is ideal for anyone looking for a fixer-upper with room to grow, close to the conveniences of the city.
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| May 16, 2024 | Listed by West and Swope Ranches | $995,000 | |
| Listed by West and Swope Ranches | |||
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Shepherd Road Ranch is 52.89 +/- Acres located off of Interstate 35 and Shepherd Rd in Atascosa, Texas, a small community in southwestern Bexar County, Texas, approximately 14 miles southwest of downtown San Antonio. This ranch is conveniently located and accessible not only via I-35, but also by Old Pearsall Rd. This property could offer a serene retreat and is just a short drive from the heart of San Antonio. It features a large 9 +/- Acre lake when full, a 3/3 2,400 sf home built in 1964, mature trees, and a designated RV site, a private well, and more. The property is well located, and there is development happening in this area. There is approximately 990 +/- ft road frontage off of Shepherd Rd and convenient access to community water services. The Shepherd Lake Ranch offers a great blend of natural beauty, with development potential and would make a great lakeside retreat, a development project, an investment property, or recreational ranch. The main house is approximately 2400 sf and features three bedrooms and three bathrooms. It was built in 1964 and features an attached garage, a fireplace, a pool, and two porches, with the main house thoughtfully positioned to maximize views of the lake, when the lake is full. Other improvements include a guest house with attached carport, several barns located near the main house, cattle pens, fences and more. n addition to the 9 +/- acre private lake, the property also includes a domestic water well and the Black Hill Branch Creek meanders through the property. There is also convenient access to community water for those interested in a potential development project.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017