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$470,000

NAL Estimated Property Value

570 Oakridge Ln, Hemphill, TX, 75948

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,088 Sq Ft
price_per_sqft$215.52 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesFree-Standing Range, Gas Range
FlooringLaminate

Exterior

Exterior FeaturesBoat Slip
Lot Size42,907 sqft

Building Information

Year Built1995

Land Information

APNR000163161
Land UseResidential
Legal DescriptionACRES: 0.985 LOT: 15 SUBD: OAKRIDGE 1 HOUSE/GARAGE & IMPROVEMENTS
Census Tract950300
Assessed Land Value$115,740
Assessed Improvement Value$329,300
Assessment Year2025

About this property

WATERFRONT: This charming home sits on nearly an acre in one of the best neighborhoods in Fairmount, nestled on a peaceful cove off the main lake, close to the popular Hickory Hill sand bar. The property features a well-maintained pier with two slots for parking boats, making it easy to enjoy all that Toledo Bend has to offer. The cove was dug out several years ago, ensuring that boat owners have no trouble getting in and out. Upon entering the home, you'll immediately notice the love and care that the current owners have put into updating this rare find. The ceilings have been raised, adding a sense of openness throughout the house. Step outside to the fenced in area, an ideal spot for your fur babies to safely play. An air-conditioned room in the back of the 40X70 shop offers a cool retreat for pets on warmer days. Upstairs is a fourth bedroom The back patio features a working attic fan. The 40x70 Shop has a half bath. Get your bags packed it's time to go fishing.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$0Estimated Mortgage Balance
$470,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,912
$445,040
2025
$115,740
$329,300
$445,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,912
$445,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$445,040
100%
0%
$0/mo

City: Hemphill

570 Oakridge Ln | Property Details | No Agent List