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$675,000

2846 Palo Gaucho Crossing, Hemphill, TX, 75948

$725,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$314.25 / sqft
Year BuiltBuilt in 2001

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesENERGY STAR Qualified Appliances, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSide Yard

Building Information

Garage Spaces2

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!

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$725,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

Interested in this property?

Wendi Bangoy

Southeast Texas 1st Realty

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Financing Details

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

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.

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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2846 Palo Gaucho Crossing | Property Details | No Agent List