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$166,000

38705 West Dr, Hempstead, TX, 77445

$211,170 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.23 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size22,128 sqft

Building Information

Year Built1995
Stories1

Land Information

APN755700-001-006-000
Lot Number7-8
SubdivisionRolling Hills 7
Land UseResidential
Legal DescriptionS755700 ROLLING HILLS 7 BLK 1 LOT ALL OF 6 & PT OF LT 7 & 8
Census Tract680303
Assessed Land Value$47,190
Assessed Improvement Value$36,760
Assessment Year2025

About this property

Palm Harbor 18x80 3 bedroom two bath on an half acre lot with a climate controlled shop. Carport for your cars. Perfect for an investment or family resident. Shop would be great for a husband or wife personal cave. Lot of possibility with this property. Quiet neighborhood and private location.

Investor Tools

Property Icon
$166,000
Estimated Property Value
$176,739Estimated Mortgage Balance
$0Estimated Equity
-6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$211,170
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,966
$83,950
2025
$47,190
$36,760
$83,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,966
$83,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$176,739
Yes
First
Mar 18, 2025
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,096
$34,904
16%
104%
$1,060/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.

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: Hempstead

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38705 West Dr | Property Details | No Agent List