Is Shepherd, TX a good place to invest in rental property?

Shepherd, TX has a median modeled monthly cash flow of $-358 and a median cap rate of 4.4%, on a median sold price of $182,450. Prices changed -7.1% year over year.

What is the average cap rate in Shepherd, TX?

The median cap rate across recently sold homes in Shepherd, TX is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shepherd, TX?

The median sold price in Shepherd, TX is $182,450 (about $145 per square foot).

Investing in Shepherd, TX Real Estate

A data-driven snapshot of the Shepherd, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$182,450Median sold price

$145Median $/sqft

4.4%Median cap rate

$-358Modeled cash flow / mo

-7.1%Appreciation YoY

13.9Months of supply

74Active listings

64Sold (last 12 mo)

What the Shepherd numbers say

In Shepherd, TX, the median home sold for $182,450 (about $145 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-358 of monthly cash flow. Sold prices moved -7.1% over the past year. Inventory sits at about 13.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Shepherd cash-flowing listings

CashFlowRE ranks every for-sale home in Shepherd, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Shepherd deals, or browse the national market data.