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$375,000

214 Hemphill Street, Hico, TX, 76457

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.06 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Refrigerator, Washer

Exterior

Lot Size1.46 acres

Building Information

Year Built1935

Land Information

APNR20812
Land UseResidential
Legal Description341 J HOLLINGSWORTH; ACRES: 1.46 209X416X100X137X50X169.5X50X104
Census Tract950100
Assessed Land Value$25,990
Assessed Improvement Value$278,000
Assessment Year2025

About this property

Welcome to 214 Hemphill in Hico, Tx - a rare find in one of the town's most peaceful and desirable neighborhoods. Tucked away on a quiet dead-end road, this spacious property offers both tranquility and potential. The main home features three bedrooms and two bathrooms, one bedroom could be used as an office or flexible space highlighted by a bright inviting sunroom. Step outside and discover even more value: a bonus barn with a finished apartment, perfect for guests, rental income, or multigenerational living. There's also a shell house on the property, ideal for conversion into another barn, workshop or additional residence. A covered carport and expansive lot add to the appeal along with Full RV hook up, well and chicken house. If you are seeking space, versatility, and a serene setting, this is a must see opportunity in the heart of Hico, but just outside the city limits.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$0Estimated Mortgage Balance
$371,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Christi Black

BLACK REAL ESTATE, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,145
$303,990
2025
$25,990
$278,000
$303,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,145
$303,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
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: Hico

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214 Hemphill Street | Property Details | No Agent List