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For sale
  • $725,000

    1940 SE 7th St, Newcastle, OK 73065

    4beds
    2,646sqft
    : 
    $4,874/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    5.65 Acres Lot
    $706,200 Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Gas fire pitConvenient utility-to-closet accessLarge front porchDetached garage and workshopOversized three-car garageRich woodwork throughout
    Shepherd's Creek Homestead: Luxury Farmhouse on 5.65 Acres in Newcastle, OK Discover one of the most distinctive Newcastle homes available — a 2,646-square-foot luxury modern farmhouse set on 5.65 private acres in McClain County, just minutes from Norman, Blanchard, and OKC. This Newcastle acreage property blends custom craftsmanship with everyday comfort: rich woodwork throughout, a natural brick fireplace wrapped in shiplap, and an open floor plan built for both quiet evenings and full-house entertaining. The kitchen is complemented by a spacious butler's pantry, while the primary suite offers a true retreat with custom tile, a soaking tub, and convenient utility-to-closet access. A separate mudroom adds everyday function. With four bedrooms — or three and a dedicated office — and 2.5 bathrooms, the layout adapts easily to family life, remote work, or hosting guests. Upstairs, a 289sf bonus room with its own mini-split HVAC system adds flexible space for recreation, hobbies, or an additional office. An oversized three-car garage and whole-home Generac generator round out the main residence. Beyond the main house, a detached garage and workshop houses a 750-square-foot apartment with one bedroom, a flexible office/second bedroom, spray-foam insulation, and separate 200-amp electrical service with its own meter. An oversized septic system supports both residences. Currently leased, it's a rare property with an income-producing apartment, also perfect for guest accommodations. Outside, wooded and cleared acreage offer room to garden, roam, and relax. A large front porch, gas fire pit, and garden space create ideal spots to unwind — true Newcastle country living near Oklahoma City. For buyers seeking a luxury acreage home in McClain County with craftsmanship, flexibility, and rental income potential, Shepherd's Creek Homestead is not to be missed. Main Home is 2646sf - 4 bed, 2.5 baths, bonus room. Detached apartment 750sf, 1 bed, 1 office/bed, 1 bath.
    34 days
    792
    70

    Zillow last checked:

    Listing updated:

    Listed by:

    James Briscoe 405-203-5370,

    Keller Williams Realty Elite

    Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1241317MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Disposal, Water Heater, Free-Standing Gas Oven, Free-Standing Gas Range
      Features
      • Combo Woodwork, Paint Woodwork, Stained Wood
      • Flooring: Combination, Carpet, Laminate, Tile
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 2,646
      • Total interior livable area: 2,646 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Concrete
      • Garage spaces: 5
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5.65 Acres
      • Features: Cul-De-Sac, Rural, Wooded
      Details
      • Additional structures: Accessory Dwelling Unit
      • Parcel number: 1940SE7th73065
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick & Frame, Masonry Vaneer
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2024

      Utilities & green energy

      • Sewer: Septic Tank
      • Utilities for property: High Speed Internet

      Community & HOA

      Location
      • Region: Newcastle

      Financial & listing details

      • Price per square foot: $274/sqft
      • Tax assessed value: $542,677
      • Annual tax amount: $6,859
      • Date on market: 9/18/2026
      • Listing terms: Cash,Conventional,Sell FHA or VA
      • Electric utility on property: Yes

        Estimated market value

        $706,200

        $671,000 - $742,000

        $2,495/mo

        Price history

        DateEventPrice
        9/18/2026Listed for sale$725,000+590.5%$274/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1241317 Report a problem
        5/31/2022Sold$105,000$40/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,859 +339.1%$59,695 +338.2%
        2024$1,562 -44.1%$13,623 -43.1%
        2023$2,793 +1672.9%$23,937 +1653.6%
        2022$158 +0%$1,365 +5%
        2021$158 +4.6%$1,300 +5%
        2020$151 +3.5%$1,238 +5%
        2019$146 +11.7%$1,179 +10.2%
        2017$130 +5%$1,070 +5%
        2016$124 +5%$1,019 +5.1%
        2015$118 +6.4%$970 +5%
        2014$111 +6.9%$924 +5%
        2013$104 -1.1%$880
        2012$105 +1.2%$880
        2011$104 $880
        2010-- $880
        2009-- $880
        2008-- $880
        2007-- $880
        2006-- $880
        2005$88 -5%$880
        2003$92 $880
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 73065

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Newcastle ES
        • Middle: Newcastle MS
        • High: Newcastle HS

        Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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