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.
Lot/land
$450,000
401 Pelican Rd, Shepherd, TX 77371
--beds
0baths
11.39Acres
Unimproved Land
Built in ----
11.39 Acres Lot
$264,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 43 days
- 7
- 0
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#: 87408346
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
$264,000
$219,000 - $309,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Price change | $450,000-5.3% |
Source:  HAR #54227592 Report a problem | ||
| 7/1/2025 | Listed for sale | $475,000+83.4% |
Source: HAR #97361113 Report a problem | ||
| 7/20/2021 | Listing removed | -- |
Source: HAR #40037593 Report a problem | ||
| 6/20/2021 | Pending sale | $259,000 |
Source: HAR #40037593 Report a problem | ||
| 6/18/2021 | Listed for sale | $259,000 |
Source: HAR #40037593 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 77371
Nearby schools
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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