401 Pelican Rd, Shepherd, TX 77371
Property image
Property image
FOR SALE
11.39 ACRES

$450,000

    401 Pelican Rd, Shepherd, TX 77371

    Est. Mortgage $2,917/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    11.39 acre lot

    Local Information

    • Map ViewExplore the area around 401 Pelican Rd.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    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

    Interior Features

    Appliances & Utilities
    Utilities: Natural Gas Available, Cable Available, Electricity Available, Sewer Not Available, Water Not AvailableTelephone: Available

    Exterior Features

    Exterior Home Features
    No Private Pool
    Parking & Garage
    No CarportNo Garage

    Days on Market

    Days on Market: 50

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New Construction
    Property Information
    Parcel Number: 137757

    Price & Status

    Price
    List Price: $450,000

    Active Status

    MLS Status: Active

    Location

    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

    Agent Information

    Listing Agent
    Listing ID: 87408346

    Lot Information

    Lot Area: 11.386 Acres

    Offer

    Listing Terms: Cash, Conventional, FHA, VA Loan

    Miscellaneous

    Mls Number: 87408346

    Around this home

    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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.
    • Endyw
      "schools are not very advanced. but everything else is very good not very many places to eat out either"
    • Patricegoodman1961
      "It takes a 40 minutes to get to a major city. I live closer to Cleveland Texas . My neighborhood is quiet and close to 59 South "
    • BA
      "There are a lot of stray dogs running around as well as people’s pets running free. If you don’t want these dogs coming in your yard, eating your dog’s food, fighting with your pets, or anything else, you must have a fence put up. "

    Market trends in Shepherd

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    63
    6
    MoM

    Home Value

    Trulia Estimate
    $266K
    Since 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
    MonthEstimated 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

    DateEventPrice
    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

    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.