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$523,000

NAL Estimated Property Value

394 Dogwood Forest Dr, Hemphill, TX, 75948

$679,900 ARVInfo
Off MarketInfo
Baths3 Bath
Baths2,814 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.01 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 3Bathrooms 3
AppliancesDisposal, Free-Standing Range, Dishwasher, Oven
FlooringTile

Exterior

Lot Size1.71 acres

Building Information

Year Built2001
Garage Spaces1

Land Information

APNR000160901
Land UseResidential
Legal DescriptionACRES: 1.709 LOT: 42 43 44 SUBD: DOGWOOD FOREST #1 HOUSE & IMPROVEMENTS
Census Tract950300
Assessed Land Value$104,680
Assessed Improvement Value$380,550
Assessment Year2025

About this property

GORGEOUS Home in Dogwood Forest subdivision at Toledo Bend. Located in the Fairmount area with close proximity to Fairmount General Store, Lumber, Liquor and more. Dogwood Forest neighborhood boat ramp right around the corner. This home sits on approximately 1.7 acres and has seasonal waterfront. Kitchen features beautiful custom cabinetry, granite countertops and breakfast bar. Open concept with large living room that has beautiful stone fireplace, high ceilings and gorgeous windows that allow lots of natural lighting. Primary bedroom with sitting room or personal office space and rounded out with an expansive master bath with jetted tub, separate shower, and double sinks. This home has custom architectural features inside and out including 3 beautiful porches, gorgeous windows top to bottom, beautiful cabinetry, special ceilings, beautiful well planned landscaping in the wonderful tree lined yard. New septic installed in April 2022. Large shop with climate control.

Investor Tools

Property Icon
$523,000
Estimated Property Value
$0Estimated Mortgage Balance
$523,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$679,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,138 /month
Positive
Cash Flow Estimate:
$1,046 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,362
$485,230
2025
$104,680
$380,550
$485,230
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,362
$485,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$524,000
100%
0%
$0/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: Hemphill

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394 Dogwood Forest Dr | Property Details | No Agent List