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$47,500

234 Hillcrest Drive, Hemphill, TX, 75948

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,629 sqft

Land Information

APNR000088091
Land UseResidential
Legal DescriptionACRES: 0.244 LOT: 97 SUBD: BEECHWOOD 2
Census Tract950300
Assessed Land Value$10,000
Assessment Year2025

About this property

Cleared lot in highly sought after Toledo Bend lake area of Beechwood 2 off of 3315. This is an established area and utilities are available. Ready for your RV or new build with a water view. Previous owner stated that there is an existing septic system but current owner never found it. Toledo Bend is known for its abundance of enormous sunfish and is considered to be one of the best lakes for large mouth bass fishing.

Investor Tools

Property Icon
$42,000
Estimated Property Value
$0Estimated Mortgage Balance
$42,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Scarlett Brekel

Coldwell Banker Southern Homes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$27/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$117
$10,000
2025
$10,000
N/A
$10,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$117
$10,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$42,000
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.

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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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234 Hillcrest Drive | Property Details | No Agent List