Home Highlights
Lot/Land
11.39 acre lot
Local Information
-- mins to
About this House
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.
Last check for updates: about 2 hours ago
Listing courtesy of Nina Marino TREC #0535979, (713) 818-0999
eXp Realty LLC
Michael Marino TREC #0739469, (713) 254-6982
eXp Realty LLC
Source: HAR, MLS#87408346

Also Listed on HAR, eXp Realty.
Home Details for 401 Pelican Rd
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Appliances & Utilities Utilities: Natural Gas Available, Cable Available, Electricity Available, Sewer Not Available, Water Not AvailableTelephone: Available |
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Exterior Home Features No Private Pool |
Parking & Garage No CarportNo Garage |
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Days on Market: 50 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New Construction |
Property Information Parcel Number: 137757 |
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Price List Price: $450,000 |
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MLS Status: Active |
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Direction & Address City: ShepherdCommunity: David G Kincaid |
School Information Elementary School: Shepherd Primary SchoolJr High / Middle School: Shepherd Middle SchoolHigh School: Shepherd High SchoolHigh School District: 130 - Shepherd |
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Listing Agent Listing ID: 87408346 |
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Lot Area: 11.386 Acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 87408346 |
Around this home
What Locals Say about Shepherd
At least 12 Trulia users voted on each feature.
90 % Say car is needed
86 % Say parking is easy
83 % Say yards are well-kept
71 % Say there's holiday spirit
65 % Say kids play outside
64 % Say there's wildlife
59 % Say neighbors are friendly
44 % Say it's walkable to grocery stores
42 % Say it's quiet
42 % Say they plan to stay for at least 5 years
39 % Say people would walk alone at night
32 % Say it's walkable to restaurants
18 % Say it's dog friendly
15 % Say streets are well-lit
10 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Shepherd
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
63
6MoM
Home Value
Trulia Estimate
$266KSince last month
Increased$12K (+4.6%)Since last year
Increased$53K (+25.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +75% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $266K |
| August 2026 | $264K |
| July 2026 | $254K |
| June 2026 | $273K |
| May 2026 | $258K |
| April 2026 | $255K |
| March 2026 | $235K |
| February 2026 | $234K |
| January 2026 | $233K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.74 | Lot/Land | - | 07/15/26 | - | - | ||
5.44 | Lot/Land | - | 03/20/26 | - | - | ||
5.44 | Lot/Land | - | 03/20/26 | - | - | ||
7.11 | Lot/Land | - | 06/12/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.17 | $475,000 | - | - | - | For Sale | |
0.20 | $170,000 | - | - | - | For Sale | |
0.31 | $225,000 | - | - | - | For Sale | |
0.63 | $475,000 | - | - | - | For Sale | |
0.75 | $299,000 | - | - | - | For Sale | |
1.05 | $549,000 | - | - | - | For Sale | |
1.11 | $314,900 | 3 | 2 | 1,368 | For Sale | |
1.11 | $364,900 | 5 | 2.5 | 2,100 | For Sale | |
1.17 | $799,000 | 4 | 3.5 | 4,102 | For Sale | |
1.40 | $535,000 | - | - | - | For Sale | |
1.40 | $289,900 | - | - | - | For Sale |
Price and Tax history
| Date | Event | Price |
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Mar 13, 2026 Source: HAR #54227592 | PriceChange | $450,000 Price decreased by 5% |
Jul 1, 2025 Source: HAR #97361113 | Listed For Sale | $475,000 |
Jul 20, 2021 Source: HAR #40037593 | ListingRemoved | |
Jun 20, 2021 Source: HAR #40037593 | Pending | $259,000 |
Jun 18, 2021 Source: HAR #40037593 | Listed For Sale | $259,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,490 | $160,590 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Nina Marino, eXp Realty LLC
Agent Phone: (713) 818-0999

Copyright 2026, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Frequently asked questions about 401 Pelican Rd
- How big is 401 Pelican Rd?401 Pelican Rd in Shepherd, TX is about 11.4 acres.
- What is the price per acre for 401 Pelican Rd?401 Pelican Rd in Shepherd, TX is listed at $450,000, or about $40K per acre.
- What do residents say about Shepherd?Residents describe Shepherd, TX as easy to park in, well-kept, and neighborly. Most residents say you need a car. See homes for sale in Shepherd, TX.
- What are the closest schools to 401 Pelican Rd?The closest schools to 401 Pelican Rd in Shepherd, TX are Shepherd High School (rated 3/10), Shepherd Intermediate School (Elementary, rated 4/10), Shepherd Middle School (rated 3/10).
401 Pelican Rd, Shepherd, TX 77371 is a lot/land. This property is currently available for sale and was listed by HAR on Jul 29, 2026. The MLS # for this home is MLS# 87408346.

