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Property profile & analytics
OFF-MARKET
Commercial real estate

1856 Fm 223 Rd Shepherd, TX 77371

40.37 ac lot
Property ID
US82-1535010
Property summary
AI-generated overview

This exceptional 40.373-acre property in Shepherd, Texas (San Jacinto County, zip code 77371), offers a unique blend of commercial, farm, and residential opportunities. The property includes a meticulously maintained 2080+ sq ft home featuring two large bedrooms, a fireplace, elegant tile flooring, and custom maple kitchen cabinets. An oversized garage/shop with a 18x38' roll-up door is perfect for projects or storage. Outdoor amenities are abundant, including a pool, covered back porch, two carports, an RV cover with a 30-amp plug, a recently painted 46x50' barn with covered stalls and a feed room, a 20x60' hay barn, and a large insulated well house. Multiple pastures, water sources, three entrance points, prime hunting locations, and scenic walking trails enhance the property's appeal. The land is AG Exempt for cattle and hay, providing additional tax benefits. Convenient access to Highway 59 adds to its strategic location. Priced at $775,000, this versatile property presents a compelling investment opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 40.37 ac (1,758,648 SF)
UPID US82-1535010
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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