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Lot/land
  • $450,000

    401 Pelican Rd, Shepherd, TX 77371

    --beds
    0baths
    11.39Acres
    Unimproved Land
    Built in ----
    11.39 Acres Lot
    $255,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This excellent property, spanning over 11 acres, is located just minutes from Highway 59. It offers unrestricted commercial use, making it ideal for building a business or even a combined home and business. As unimproved land near Highway 59, it presents unlimited opportunities, especially with its great growth potential for new subdivisions or shopping centers in the area.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nina Marino TREC #0535979 713-818-0999,

    eXp Realty LLC,

    Michael Marino

    Source: HAR,MLS#: 87408346MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 11.39 Acres
      • Dimensions: 255 x 1518 x 356 x 1434
      • Features: Wooded, 10 Up to 15 Acres
      Details
      • Parcel number: 137757

      Utilities & green energy

      • Utilities for property: Natural Gas Available, Cable Available, Electricity Available, Sewer Not Available, Water Not Available

      Community & HOA

      Community
      • Subdivision: David G Kincaid
      Location
      • Region: Shepherd

      Financial & listing details

      • Tax assessed value: $160,590
      • Annual tax amount: $3,050
      • Date on market: 7/29/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $255,200

        $212,000 - $299,000

        $1,298/mo

        Price history

        DateEventPrice
        3/13/2026Price change$450,000-5.3%
        Source: HAR #54227592 Report a problem
        7/1/2025Listed for sale$475,000+83.4%
        Source: HAR #97361113 Report a problem
        7/20/2021Listing removed--
        Source: HAR #40037593 Report a problem
        6/20/2021Pending sale$259,000
        Source: HAR #40037593 Report a problem
        6/18/2021Listed for sale$259,000
        Source: HAR #40037593 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,490 $160,590 -6.5%
        2024-- $171,700 +14.9%
        2023-- $149,480
        2022-- $149,480 +24.4%
        2021-- $120,190 +36.2%
        2020-- $88,250
        2019-- $88,250 +45.6%
        2017-- $60,600
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 77371

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Shepherd Primary School
        • Middle: Shepherd Middle School
        • High: Shepherd High School

        Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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