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Lot/land
  • Price cut: $25K (3/13)
    $450,000

    401 Pelican Rd, Shepherd, TX 77371

    --beds
    0baths
    11.39Acres
    Unimproved Land
    Built in ----
    11.39 Acres Lot
    $227,800 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.
    31 days
    |
    16
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nina Marino TREC #0535979 713-818-0999,

    eXp Realty LLC,

    Michael Marino TREC #0739469 713-254-6982,

    eXp Realty LLC

    Source: HAR,MLS#: 54227592MLS 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: 3/13/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $227,800

        $182,000 - $276,000

        $1,298/mo

        Price history

        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

        Public tax history
        YearProperty taxesTax assessment
        2025-- $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
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

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