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B+
NoAgentList RatingHow are grades calculated? Info
Days135Days on Market
Views1view

$225,000

1845 Shepherd St, Hempstead, TX, 77445

$234,331 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Microwave, Electric Range
FlooringVinyl

Exterior

Lot Size12,502 sqft

Building Information

Year Built1986
Stories1

Land Information

APN519000-721-004-000
Lot Number4-5
SubdivisionHempstead
Land UseResidential
Legal DescriptionS519000 HEMPSTEAD BLK 721 LOT 4 & 5
Census Tract680502
Assessed Land Value$60,000
Assessed Improvement Value$92,990
Assessment Year2025

About this property

Totally redone cute country style historic house located in the city limits of Hempstead. 3/2 located on one city lots on the corner. New Roof, windows, elec, plumb, sheetrock, flooring, paint, kitchen, bathrooms, and more. There is a big extra room that could be 4th bedroom or gameroom or anything your heart desires. Huge Laundry room/ Pantry for all your extras. All new appliances including washer, dryer, and refrigerator. New covered carport and front porch. Bring your family and make this your new home. Additional lot available for purchase.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$234,331
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Amber Crosier

Crystal Fife Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,991
$152,990
2025
$60,000
$92,990
$152,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,991
$152,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$223,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hempstead

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1845 Shepherd St | Property Details | No Agent List