




$75,222
NAL Estimated Property Value115 Smith Hill Road, Hemphill, TX, 75948
Property Lead Type:
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Interior
About this property
Welcome to country living with room to grow in Hemphill, Texas! This 2024 Clayton manufactured home offers 3 bedrooms, 2 bathrooms, and sits on approximately 1.35 acres with FM 83 road frontage. The home includes a Generac whole-home generator, providing peace of mind during outages. The property also includes two metal storage sheds and a second home on-site that is currently a total renovation project or potential tear-down, offering additional opportunity for future use. A portion of the land is currently leased, with a tenant paying lot rent for their manufactured home, creating an added income component. Conveniently located just 17 minutes from the Six Mile Boat Ramp on Toledo Bend Lake and approximately 30 minutes from Sam Rayburn, this property is ideal for full-time living, weekend use, or an investment-minded buyer.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Hemphill
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