$39,000 Last Listed Price
●
House -
Off Market
176 Head Street
Hemphill, TX 75948
1 Bed
1 Bath
$54,681
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Thinking of a small cabin near the lake? Or would you rather have
an RV hookup near the lake? This property has both! Small 12x24
cabin, two storage buildings (8x10 and 8x16), RV cover measuring
40x16 with FULL HOOKUPs (30/50amp) and a 12x24 enclosed boat
garage. This great little property is located just 1/2 mile from
the private boat ramp, which just happens to be at the end of the
subdivision road. This property has many possibilities which could
include placing a manufactured home here, or upgrading the cabin.
This property is just 14.4 miles from Hemphill Texas and only about
(Motor home shown in photos is not included in sale.)
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$19
HOA Dues
-
Year Built
2007
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (HAR #50339167)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2022 | No longer available | - | |
| No longer available | |||
| Apr 1, 2022 | In contract | - | |
| In contract | |||
| Mar 11, 2022 | Listed by Waterfront Toledo Bend | $56,000 | |
| Listed by Waterfront Toledo Bend | |||
| | |||
|
If You're Looking for a Well Priced Camp,You Get A Lot for Your Money with this Fairmount Area Cabin. The Cabin is Small But Very Efficient- It Includes the Bedroom Area with a Full Closet as Well as A Fully-Equipped Kitchen and a Full Bath- All In Immaculate Condition. Outside You Have a Cover for Your RV that Has Hook Ups and a Large Boat Garage. There's Also Two Storage Buildings and a Neighborhood Only Boat Launch at the End of the Street. Another Important Thing: It's All in Great Condition and Not a Fixer Upper! The Location is Sought-After Fairmount, Less Than a Mile from the Fairmount Store w/Restaurant/Hardware Store/Package Store/Laundromat & Medical Clinic~Come Give it a Look. The manager has listed the unit size as 336 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 26, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
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Price/ft²
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Sold On
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HOA + Taxes
About Sabine
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Listed by: Angela McDonald, Re/Max Ranch and Residential
Last Updated: 3 years ago
Data Source: HAR , MLS# 50339167
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Last Updated: 3 years ago
Data Source: HAR , MLS# 50339167
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