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$75,222

NAL Estimated Property Value

115 Smith Hill Road, Hemphill, TX, 75948

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.02 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Electric Range, Dishwasher
FlooringVinyl

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.

Investor Tools

Property Icon
$75,222
Estimated Property Value
$0Estimated Mortgage Balance
$75,222Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$451 /month
Positive
Cash Flow Estimate:
$150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Hemphill

115 Smith Hill Road | Property Details | No Agent List