Experience lakeside living at its finest with this beautiful 2 bedroom, 2 bathroom home on the shores of the Toledo Bend Reservoir. Offering 2,148 square feet of living space, this property combines comfort and style with high ceilings, a wood-burning stove in the living room overlooking the lake and as split floor-plan. The first-floor primary suite features a spacious en-suite bath and walk-in closet for ultimate convenience. Enjoy breathtaking views and peaceful mornings on your brand new covered pier, complete with railing for added safety. The property includes 4.2 acres of waterfront acreage, providing ample space for recreation and relaxation. Additional features include a 2-car garage with a workshop area, perfect for your projects and storage needs. Don't miss your opportunity to own this magnificent lakefront retreat—schedule your showing today!
For sale
$699,000
2846 Palo Gaucho Xing, Hemphill, TX 75948
2beds
2,148sqft
:
Get pre-qualified$4,504/mo
Single Family Residence
Built in 2001
4.2 Acres Lot
$643,700 Zestimate®
$325/sqft
$-- HOA
What's special
High ceilingsSplit floor-planBreathtaking viewsSpacious en-suite bathWalk-in closetFirst-floor primary suite
- 120 days |
- 158 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Wendi Bangoy,
Southeast Texas 1st Realty,
Taylor Bangoy,
Southeast Texas 1st Realty
Source: Deep East Texas,MLS#: 70012913
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Den, Family Room, Utility Room, Other
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Dishwasher, Oven, Range Hood, Other
Features
- Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Split Bedrooms, Walk-In Closet(s), Other
- Flooring: Carpet, Tile
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,148
- Total interior livable area: 2,148 sqft
Video & virtual tour
Property
Parking
- Parking features: 2 Car, Detached, Garage
- Has garage: Yes
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Other
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Community Water Access, Waterfront
Lot
- Size: 4.2 Acres
- Dimensions: 4.2000
Details
- Additional structures: Gazebo, Storage Shed-Slab
- Parcel number: 211700023000000000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Other
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2001
Utilities & green energy
- Electric: Deep East Texas Electric
- Gas: None
- Sewer: Aerobic Septic
- Water: Community
Green energy
- Energy efficient items: None
Community & HOA
Community
- Subdivision: Other
Location
- Region: Hemphill
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $201,630
- Annual tax amount: $2,507
- Date on market: 4/13/2026
- Inclusions: Other
- Road surface type: Concrete
Estimated market value
$643,700
$612,000 - $676,000
$1,945/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Price change | $699,000-3.6%$325/sqft |
Source:  Deep East Texas #70012913 Report a problem | ||
| 10/14/2025 | Listed for sale | $725,000$338/sqft |
Source:  LAR #5106780 Report a problem | ||
| 6/11/2021 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,507 +13.9% | $201,630 +8.7% |
| 2024 | $2,201 +0.2% | $185,500 |
| 2023 | $2,196 -23.5% | $185,500 -6.7% |
| 2022 | $2,868 | $198,720 |
| 2021 | -- | $198,720 +854.9% |
| 2020 | -- | $20,810 -19.4% |
| 2018 | $433 | $25,810 -13.7% |
| 2017 | -- | $29,890 |
| 2016 | -- | $29,890 +42% |
| 2015 | -- | $21,050 |
| 2014 | -- | $21,050 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75948
Nearby schools
GreatSchools rating
- 6/10Hemphill Elementary SchoolGrades: PK-4Distance: 5.7 mi
- 7/10Hemphill Middle SchoolGrades: 5-8Distance: 5.7 mi
- 5/10Hemphill High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- District: Hemphill ISD
Source: Deep East Texas. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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