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$198,950

230 Dogwood Estate 2, Hemphill, TX, 75948

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.6 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesOven, Electric Cooktop
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1.04 acres

Building Information

Year Built1994
Garage Spaces2

Land Information

APNR000161171
Land UseResidential
Legal DescriptionACRES: 1.040 LOT: 12 SUBD: DOGWOOD FOREST #2 MH/IMPROVEMENTS
Census Tract950300
Assessed Land Value$104,000
Assessed Improvement Value$94,950
Assessment Year2025

About this property

WATERFRONT IN A DEEP WATER COVE & READY FOR YOU TO ENJOY ALL SUMMER LONG! What an incredible house situated right on Toledo Bend with lake views and amenities galore! Sit out on the floating dock, under a pergola on the dock, under 600 sf uncovered back deck or 1800 sf covered deck. Approx 2100 sf 3 bedroom 2.5 bath fully furnished home on 1 acre w/ a 22kw generac generator to power the entire house, 16x30 carport & a 30x40 shop. Every person's dream shop w/ 2 roll up 10 ft doors for easy access to store your boat & 1 passage door, LED lights, lots of power outlets and houses the water well system also. A boat house w/ rails and a winch is a bonus feature you'll love. Simply push a button to raise the lake side garage door to remotely winch your boat straight into the water from your own dock. Boat house is fully enclosed and floored with concrete to store lots of toys & extras you will use while fishing or playing on the lake. This one has it ALL and then some, just needs you!

Investor Tools

Property Icon
$198,950
Estimated Property Value
$0Estimated Mortgage Balance
$198,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,677
$198,950
2025
$104,000
$94,950
$198,950
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,677
$198,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,950
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: Hemphill

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230 Dogwood Estate 2 | Property Details | No Agent List