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Good Shepherd Home for Sale

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    $85,000

    • Land
    • 40,075 Sq Ft
    • $92,391 per Acre

    Lots Lakeside St, Waterloo, IA 50703

    Great development opportunity! 0.92 acres available in Waterloo neighborhood. Site can be split to create up to 6 single family lots. Ideal investment opportunity! Listing agent is partial owner of subject property.

    Chris Fischels Fischels Commercial Group

    Lots Lakeside St, Waterloo, IA 50703

Why Live in Good Shepherd

Good Shepherd is a small neighborhood in east Waterloo, bordered by Verden Creek. The area is known for its lush surroundings and affordable housing options, with homes typically priced between $75,000 and $150,000. The neighborhood mostly has ranch-style homes and is characterized by numerous dead-end streets and street-parked cars. Residents have access to several nearby parks, including the expansive Gates Park, just half a mile away, which is undergoing significant renovations to include a new splash pad and an inclusion park. Other parks within 3 miles include Springview Park, Highland Park and City View Heights Park. The neighborhood is conveniently located less than 3 miles from Downtown Waterloo and the Cedar River. It's within 2 miles of several dining options such as East China, Chucksters, Sookie’s Restaurant, Delicias and Morg’s. The closest grocery store, All In Grocers, is also 2 miles away. Good Shepherd is well-connected with access to U.S. Route 218 and U.S. Route 61, within 5 miles. Public transportation is also available. The Waterloo Community School District offers the state’s only all-district International Baccalaureate program.

Frequently Asked Questions

Is Good Shepherd a good place to live?
Good Shepherd is a good place to live. Good Shepherd is considered car-dependent and bikeable with minimal transit options. Good Shepherd is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Good Shepherd has 5 parks for recreational activities. It is sparse in population with 1.0 people per acre and a median age of 42. The average household income is $48,459 which is below the national average. College graduates make up 19.6% of residents. A majority of residents in Good Shepherd are home owners, with 43% of residents renting and 57% of residents owning their home. A local real estate agent serving Good Shepherd can help you decide if this neighborhood is the right one for you. Learn more on our Good Shepherd neighborhood guide.
Is Good Shepherd, IA a safe neighborhood?
Good Shepherd, IA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Good Shepherd?
The median home price in Good Shepherd is $121,500. If you put a 20% down payment of $24,300 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $27K a year to afford the median home price in Good Shepherd. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Good Shepherd is $48K.
What are the best public schools in Good Shepherd?
The best public schools that serve Good Shepherd are:
What are the most popular zip codes in Good Shepherd, Waterloo, IA?
The most popular zip codes in Good Shepherd, Waterloo, IA include 50703, 50707, 50701, 50702 and 50613.
What are the most popular neighborhoods near Good Shepherd, Waterloo, IA?
The most popular neighborhoods near Good Shepherd, Waterloo, IA are Gates Park, Roosevelt, Common Grounds, Unity and Walnut.

Good Shepherd Home Prices vs. Nearby Waterloo, IA Neighborhoods

Good Shepherd Gates Park Does Riverview
Median Home Price
$121,500
$88,950
$129,900
$110,000
Median Sale Price
$118,950
+4% YoY
$84,000
-8% YoY
$115,777
-1% YoY
$103,000
-14% YoY
Median Single Family Price
$118,950
$83,000
$120,000
$103,000
Total Active Listings
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5
1
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Market Conditions
0 Months
Seller's Market
6 Months
Balanced Market
1 Months
Seller's Market
0 Months
Seller's Market
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