Building Details

Building Size 2,831 SF

Year Built 1987

Stories 1

Listing Agency: MARTHA TURNER SOTHEBY'S INTERNATIONAL REALTY - ROUND TOP g***@aol.com Show Phone

Listed By: Grace Holmes · License #0660736 Show Phone

Source: Elliman

Added: Mar 11 Changed: Aug 21 Last Checked: Aug 24 at 7:47AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARTHA TURNER SOTHEBY'S INTERNATIONAL REALTY - ROUND TOP

Investment Insights

Based on property information with market context.

This fully furnished property in Shelby, Texas, offers three separate living spaces, suitable for an extended family, weekend retreat, or income-producing rentals. Recent upgrades, totaling over $180,000, include the addition of a guest bunkhouse in 2023, which sleeps six and features antique chandeliers, custom built-ins, a full kitchen, two bedrooms, a double walk-in shower, and a washer/dryer. Additional upgrades encompass a new metal roof and gutters on the main house, an upgraded septic system, a French drain, and hardscaping. Outdoor living spaces are enhanced with wood decking, walkways, lighting, and a gas fire pit. The main house includes abundant storage, an open floor plan, three bedrooms, a breakfast room seating ten, and a large kitchen island. A separate casita guesthouse offers a king bedroom, sitting area, full bath, and kitchenette. Majestic live oaks and expansive porches create a backyard and outdoor living oasis.

Key Highlights

• Turn‑key property with 3 separate, fully furnished living/rental spaces.
• Ideal for extended family, weekend getaways, or income‑producing rentals.
• Over $180k in recent upgrades, including a new Bunkhouse (2023) sleeping 6 with full kitchen and double walk‑in shower.

Property Analytics

Property Profile

Current Use

The Cottages at Round Top Vacation Rental

Suggested Use

Top Pick Grocery & Convenience Store Restaurant Real Estate Agency Wine and Liquor Store Bed & Breakfast Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Explore this area Business Placement

Demographics for 78940, TX

1,974

Population

1,269

Households

1.6

Avg Household Size

56

Median Age

28%

College-Educated

96%

High-School Grad

130.7 sq mi

ZIP Area

15

Density / Sq Mi

$90,431

Median Household Income

$41,680

Median Earnings

$910

Median Rent

$256,900

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this farms located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Farm - Turn-key property with multiple living spaces and income potential.

Where is this farm located?

The property is located at 6978 Skull Creek Rd Shelby, TX.

What is the asking price?

The asking price for this property is $739,000.

What are key features of this property?

This property features: Turn‑key property with 3 separate, fully furnished living/rental spaces.; Ideal for extended family, weekend getaways, or income‑producing rentals.; Over $180k in recent upgrades, including a new Bunkhouse (2023) sleeping 6 with full kitchen and double walk‑in shower.