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$1,091,000

NAL Estimated Property Value

40070 Mesquite, Hempstead, TX, 77445

$1,219,449 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.22 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesWater Heater, Gas Range
FlooringConcrete

Exterior

Lot Size14.49 acres

Building Information

Year Built2007
Stories1
Garage Spaces5

Land Information

APN731100-000-034-000
Lot Number34
SubdivisionRanches Of Clear Creek
Land UseAgriculture / Farming
Legal DescriptionS731100 RANCHES OF CLEAR CREEK LOT 34 ACRES 14.494
Census Tract680501
Assessed Land Value$16,650
Assessed Improvement Value$328,940
Assessment Year2025

About this property

Nestled amidst a serene woodland setting, this secluded barndominium on +/- 14 acres offers the utmost privacy within Ranches of Clear Creek, a gated equestrian community in Hempstead. Boasting a generous 3 bed, 3 bath layout, this spacious barndo spans over 3200 sq/ft featuring a large open living space perfect for entertaining, dining, and relaxing, accompanied by an additional 1200 sq/ft of shop space. RV hookup available. 20' covered porches with views of a beautiful pond. Also there is 48’x60’ horse barn with stalls, and a spacious 12”x24’ office with full bath. Highlights of the barndo include gourmet kitchen with a huge granite island & 6 burner Viking cooktop, media room and comfortable living area w/ stone fireplace. 10 ft ceilings throughout, stained concrete floors, and crown moulding. Neighborhood amenities include covered riding arena, pavilion, round pen, turn out traps, 2 fishing ponds, and miles of riding trails. The property is fully fenced and cross fenced.

Investor Tools

Property Icon
$1,091,000
Estimated Property Value
$734,214Estimated Mortgage Balance
$356,786Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,219,448
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,594 /month
Positive
Cash Flow Estimate:
$2,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,946
$345,590
2025
$16,650
$328,940
$763,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,946
$345,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Conventional
$747,375
No
First
May 14, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$734,214
$375,786
33%
67%
$4,481/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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40070 Mesquite | Property Details | No Agent List