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$1,054,000

NAL Estimated Property Value

39651 FM 1488 Road, Hempstead, TX, 77445

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.8 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size8.25 acres

Building Information

Year Built2001
Stories1
Garage Spaces6

Land Information

APN701501-000-003-000
Lot Number3
SubdivisionPlantation Lake Estates 1
Land UseAgriculture / Farming
Legal DescriptionS701501 PLANTATION LAKE ESTATES 1 LOT 3 ACRES 8.25 P/O 11.295 AC P/O 11.295 AC
Census Tract680303
Assessed Land Value$439,090
Assessed Improvement Value$455,800
Assessment Year2025

About this property

Having it all is the name of this place. Situated on 11 acres in a neighborhood of similar properties, you truly are living in the country. This property has dozens of mature hardwood trees, acres of fenced pasture land (and an AG exemption!) and a view of the lake at the back of the property. You'll enjoy quiet star-filled nights far away from the hustle and bustle of suburban living. This gorgeous backyard feature a large swimming pool with swim up bar and in ground spa, grand covered patios and a profession grade outdoor kitchen! This 3/4 bedroom 3100 sq ft ranch-style home is set in the middle of the property and has a much coveted open floor plan with tasteful neutral colors throughout. All the rooms are spacious and have designer details you will appreciate like: coved ceilings, floor to ceiling rock gas fireplace, plenty of windows from which to enjoy the views and ceiling fans in all rooms. If this is the lifestyle is what you're looking for don't wait. Call today!

Investor Tools

Property Icon
$1,054,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,054,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,324 /month
Positive
Cash Flow Estimate:
$2,108 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,350
$894,890
2025
$439,090
$455,800
$894,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,350
$894,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,054,000
100%
0%
$0/mo

City: Hempstead

39651 FM 1488 Road | Property Details | No Agent List