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$306,000

NAL Estimated Property Value

24859 Fm 1887 Rd, Hempstead, TX, 77445

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.65 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDisposal, Refrigerator, Microwave, Gas Range, Gas Oven
FlooringVinyl

Exterior

Lot Size18,339 sqft

Building Information

Garage Spaces2

Land Information

APN519000-740-001-000
SubdivisionHempstead
Land UseResidential Single Family
Legal DescriptionS519000 HEMPSTEAD BLK 740 ACRES 0.4214 P/O 2.3373 AC P/O 2.3373 AC
Census Tract680501
Assessed Land Value$33,320
Assessment Year2025

About this property

This recently renovated 2 Bed/1 Bath home sits on 2.34 acres in the growing City of Hempstead, TX. Featuring an expansive front porch, open concept living, stylish fixtures, and energy efficient features, this home is a perfect blend of contemporary modern and country charm. Completely renovated in 2022 - everything in this home is BRAND NEW! The kitchen is highlighted by white shaker-style cabinets, durable quartz countertops, & a farmhouse sink. Just down the hall are two bedrooms, each featuring closets with built-ins. The resort-style bathroom features a double vanity & rainfall showerhead. Enjoy the convenience of both: a tankless hot water heater and a power inlet box ready to plug in your generator. Located South of Downtown Hempstead, this property offers the serenity of country life while providing quick access to important destinations via US 290 and Hwy 6. Don’t miss your chance to lease this beautiful, well maintained home on 2+ acres. Call to schedule a personal tour.

Investor Tools

Property Icon
$306,000
Estimated Property Value
$0Estimated Mortgage Balance
$306,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$553
$33,320
2025
$33,320
N/A
$33,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$553
$33,320

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,000
100%
0%
$0/mo

City: Hempstead

24859 Fm 1887 Rd | Property Details | No Agent List