Multifamily

Shepherd, TX Multifamily Properties for Sale

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Secluded Property with Income Potential
Updated: May 1, 2025
Secluded Property with Income Potential

1001 County Line Road, Shepherd, TX 77371

$549,000
1,056 sqft 11.00 AC lot
Strong income potential from two remodeled mobile homes currently leased for a combined $2,000/month.
Nearly 11 acres of secluded, wooded property with no restrictions and low taxes.
Additional cleared area ready for another home, RV setup, or future build.
Main home is a 4‑bedroom, 3‑bath doublewide; second home is a 2‑bedroom, 2‑bath singlewide—both recently updated.
Quick, easy access to HWY 59 and NOT in a flood zone.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shepherd, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Family Property with Expansion
Multi-Family Property with Expansion

110 & 100 Barnard Street, Livingston, TX 77351

$415,000
3,690 sqft 1.30 AC lot

1.3-acre site in Livingston city limits with four occupied rental units and space to add two more.

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Side-by-Side Two-Home Residential Property
Side-by-Side Two-Home Residential Property

505 and 501 Hawkins, Livingston, TX 77351

$165,000
1.20 AC lot

Two side-by-side two-bedroom, one-bath homes plus a large storage building on a single acreage parcel in Livingston.

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RV Park with Expansion Potential
RV Park with Expansion Potential

545 County Road 388, Cleveland, TX 77328

$270,000
6.14 AC lot

RV park with expansion potential and mobile home component.

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Fully Leased 4-Plex Investment
Fully Leased 4-Plex Investment

1815 Southline St, Cleveland, TX 77327

$425,000

Fully occupied four-unit property with convenient access to Hwy 59/I-69 for commuting.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Shepherd, TX Land For Sale
Shepherd, TX Land For Sale

260 BEVERLY, Shepherd, TX 77371

$72,500
3.17 AC lot

3.17+/- acres of land suitable for RV or home.

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Residential Lot in Cleveland, TX
Residential Lot in Cleveland, TX

5336 Private Rd, Cleveland, TX 77327

$45,000
0.23 AC lot

0.23-acre residential lot suitable for new construction or manufactured home.

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Lake Livingston Village Corner Lot
Lake Livingston Village Corner Lot

Ithica lot: 101, Livingston, TX 77351

$149,899
0.09 AC lot

0.09-acre corner lot with utilities and Lake Livingston access.

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Land For Sale Splendora, TX
Land For Sale Splendora, TX

16475 1st Street, Splendora, TX 77372

$8,000,000

Land available in Splendora, TX.

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Shepherd, TX Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Shepherd, TX on our real estate platform. These investment opportunities span a total of 1,056 square feet of properties for sale, with an estimated market value of $549,000.

Sale prices for multifamily properties in Shepherd, TX average $549,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 1

Demographics Overview

Population 7,548
Population Growth (5Y) -4.6%
Median Household Income $78,705
College Educated 8.6%

High-Yield Neighborhoods for Investment

Identify Shepherd submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
77371 $999.7K

Taxes & Financing

Tax Rate (average for all types) 1.55%
Property Tax per SF $34.96 per SF
Tax Rate vs County Average 0.24 pp above county avg
Average Loan-to-Value 65.0%

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