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Sabine 75948
354 Confederate Drive
$159,900 Last Listed Price
● House - Off Market

354 Confederate Drive

Hemphill, TX 75948
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$860
Est. Monthly
$1
HOA / Fees

About This Property

Adorable lake home overlooking Toledo Bend Reservoir with outstanding views! 2 bedrooms, 1 bath, open kitchen, dining, living, covered back porch, fire pit, shed and privacy! Home has newer vinyl plank flooring 2021, newer metal roof 2019, newer windows 2020, new water heater 2021, newer range, newer toilet. Great fishing cabin located mid-lake Texas side across from Cedar Bend Golf, and within quiet neighborhood. Gated neighborhood boat ramp and dock only a few doors down. Home is built on slab and has 2-car carport with electric for boat hook-up. Small, low-maintenance yard has irises and roses that come back every year. Furniture, most accessories included. Set your appointment and visit today! Agent-owned, there are a few exclusions, restrictions available.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$208
Property Type
House
Property Taxes
$74
HOA Dues
$1
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (HAR #34418443)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Jun 5, 2023 Listed by Pam Westlake Realty Group $159,900
Listed by Pam Westlake Realty Group

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,229
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REBEL RIDGE 2
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.143 LOT: PRT 30 SUBD: REBEL RIDGE #2 CAMPHOUSE / STORAGE BUILDING

Neighborhood

  • School District Name: Hemphill Independent School District
  • Census Tract: 950300

Geography

  • Parcel: R000095621
  • Municipality: HEMPHILL
  • Latitude: 31.4088
  • Longitude: -93.703

    Address

  • Full Address: 354 Confederate Dr
  • Address - House Number: 354
  • Address - Street Name: Confederate
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Hemphill
  • Carrier Code: R004
  • 4-Digit Zip Code: 9454
  • Zip Code: 75948

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,934
  • Tax Rate Code Area: 1 31 60

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 147,899
  • High Value: 178,181
  • Low Value: 117,617

    Market Valuation

  • Market Total Value: $96,260
  • Market Land Value: $16,940
  • Market Improvement Value: $79,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,260
  • Assessed Land Value: $16,940
  • Assessed Improvements Value: $79,320

    Sales

  • Current Sale Contract Date: Jan 23, 2024
  • Current Sale Recording Date: Jan 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 131
  • Previous Sale Recording Date: Sep 17, 2013
  • Previous Sale Contract Date: Sep 13, 2013
  • Previous Sale Amount: $55,100
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sabine

Stats & Trends

Median Asking:

$430,000

Sale Price/ft²

$208

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1554 ft²

Average Home Age

31.5 years

Currently For Sale

14 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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HAR

Listed by: Kate Powell, Pam Westlake Realty Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 34418443
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 354 Confederate Loop built and last sold?
The property at 354 Confederate Loop was built in 1988 and last sold on Jan 23, 2024 for $138,320.
How much is this home worth?
The estimated value of the home located at 354 Confederate Loop is $161,898.
What are some comparable homes to 354 Confederate Loop?
There are currently no comparable homes to 354 Confederate Loop.
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