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$419,000

NAL Estimated Property Value

29133 E Lake Dr, Hempstead, TX, 77445

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$292.71 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Microwave

Exterior

Lot Size43,124 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN574000-030-000-000
Lot Number29-30
SubdivisionLynnwood Lakes
Land UseResidential
Legal DescriptionS574000 LYNNWOOD LAKES LOT 29 & 30 ACRES 0.99
Census Tract680502
Assessed Land Value$41,580
Assessed Improvement Value$266,320
Assessment Year2025

About this property

This lakeside property has it all and is move in ready! The main home is a two bed, two bath and has been recently updated and comes with a new roof, whole home generator, water softener, as well as other modern amenities. There is also a full apartment, workshop, and garage. The property is equipped with its own well, though residents have the option to join the neighborhood’s public water system if they prefer. Residents may also have small boats on the stocked lake. Just a short drive away to College Station, Brenham, Magnolia, or Cypress!

Investor Tools

Property Icon
$419,000
Estimated Property Value
$438,321Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$643
$307,900
2025
$41,580
$266,320
$307,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$643
$307,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shirley Jean Vrana
Seller Carryback / Seller Financing / Seller Take-Back
$445,500
No
First
Jun 7, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$438,321
N/A
0%
105%
$2,671/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: Hempstead

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29133 E Lake Dr | Property Details | No Agent List