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$361,920

NAL Estimated Property Value

502 Hillcrest, Hughes Springs, TX, 75656

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,794 Sq Ft
price_per_sqft$189.46 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Water Heater

Exterior

Lot Size8.22 acres

Building Information

Year Built1949
Garage Spaces3

Land Information

APN11318-00230-00010-000010
Land UseResidential
Legal DescriptionW RUSSELL ABST 1318 TR 23-A-1 8.221 AC PRT IN A-100
Census Tract950700
Assessed Land Value$78,780
Assessed Improvement Value$283,140
Assessment Year2025

About this property

Welcome home! This completely remodeled 3 bed 2 bath home is 1794 square feet and sits on a beautiful 8.2 acres full of mature pine trees. The home features a large open kitchen with all new custom cabinetry and stainless steel appliances.Both bathrooms have been tastefully remodeled with all new vanities, showers, and all new flooring throughout the house.The oversized 2 car garage makes for great storage or could be the perfect location for the wood shop you've always wanted!Major improvements include a new roof, new central heat/air, and all new plumbing! The back porch is a great place to relax while watching the deer roam through in the afternoons. Want to have a huge vegetable garden in the spring? You'll have plenty of space with the spacious yard. Great location less than 2.5 hours to DFW and only about 45 minutes to Longview. If you are looking for a turn-key property in Hughes Springs ISD call today before it's too late!

Investor Tools

Property Icon
$361,920
Estimated Property Value
$135,557Estimated Mortgage Balance
$226,363Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$908
$361,920
2025
$78,780
$283,140
$361,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$908
$361,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$147,336
No
First
Feb 7, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,557
$226,363
62%
37%
$884/mo

Learn About the Market: Opportunity in Texas

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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: Hughes Springs

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502 Hillcrest | Property Details | No Agent List