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$79,000

206 Ridgewood Dr W, Hemphill, TX, 75948

$102,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.18 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesRefrigerator

Exterior

Lot Size13,939 sqft

Building Information

Year Built1976

Land Information

APNR000086481
Land UseResidential
Legal DescriptionACRES: 0.320 LOT: 7 SUBD: BEECHWOOD 1 HOUSE/IMPROVEMENTS
Census Tract950300
Assessed Land Value$4,800
Assessed Improvement Value$66,980
Assessment Year2025

About this property

Welcome to lake living at its best! This charming 2-bedroom, 1-bath home is located in the desirable Beechwood 1 Fairmount area and comes fully furnished. The property features a covered front porch, a storage building for all your outdoor and lake essentials, and a unique lot that extends all the way back to FM 3315, providing convenient access from two road and just minutes away from Fairmount General Store, Lumber Yard, Car Wash, Medical clinic. The subdivision includes amenities like a community pool, tennis, and basketball court. Whether you're searching for a full-time residence, a vacation retreat, or a weekend getaway, this property offers the perfect combination of comfort, convenience, and outdoor enjoyment. 150.00 annually to use pool, tennis court and boat ramp

Investor Tools

$0Estimated Mortgage Balance
$170,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$102,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

Interested in this property?

Celeste Cormier

Connect Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$648
$71,780
2025
$4,800
$66,980
$71,780
No

Tax History

Year
Tax Paid
Assessed Value
2022
$648
$71,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$170,000
100%
0%
$0/mo

City: Hemphill

206 Ridgewood Dr W | Property Details | No Agent List