




$675,000
2846 Palo Gaucho Crossing, Hemphill, TX, 75948
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About this property
Experience lakeside living at its finest with this beautiful 2 bedroom, 2 bathroom home on the shores of the Toledo Bend Reservoir. Offering 2,148 square feet of living space, this property combines comfort and style with high ceilings, a wood-burning stove in the living room overlooking the lake and as split floor-plan. The first-floor primary suite features a spacious en-suite bath and walk-in closet for ultimate convenience. Enjoy breathtaking views and peaceful mornings on your brand new covered pier, complete with railing for added safety. The property includes 4.2 acres of waterfront acreage, providing ample space for recreation and relaxation. Additional features include a 2-car garage with a workshop area, perfect for your projects and storage needs. Don’t miss your opportunity to own this magnificent lakefront retreat—schedule your showing today!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Hemphill
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