Last 24 Hours
$187,000
NAL Estimated Property Value38056 S Bonnie Lake Dr, Hempstead, TX, 77445
Off Market
0 BathProperty Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bathrooms 0Exterior
Lot Size1.21 acres
Land Information
APN755400-002-016-000
Lot Number16-18
SubdivisionRolling Hills 4
Land UseResidential
Legal DescriptionS755400 ROLLING HILLS 4 BLK 2 LOT 16 THRU 18 ACRES 1.21
Census Tract680303
Assessed Land Value$59,710
Assessed Improvement Value$5,020
Assessment Year2025
About this property
Welcome to this spacious 17,424 square foot lot, offering a peaceful blend of open space and mature trees. This property features a functional workshop, ideal for storage, hobbies, or small projects, with plenty of room to expand or personalize. Enjoy the privacy and tranquility of the rural setting, complete with a sandy driveway, grassy open areas, and lightly wooded surroundings. The lot provides a great opportunity for weekend getaways, or as a site for your next home. Located in a serene and natural environment, this property combines practical use with country charm.
Investor Tools
$187,000
Estimated Property Value
$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
$60/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$319
$64,730
2025
$59,710
$5,020
$64,730
No
Tax History
Year
Tax Paid
Assessed Value
2024
$319
$64,730
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
100%
0%
$0/mo
12.4%