Real Estate Investment Properties for Sale in Hemphill, TX

Looking for investment property in Hemphill, TX with high ROI ?

Explore a variety of short-term homes & houses in Hemphill, TX. Invest wisely with VRBO & Hemphill, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Hemphill, TX

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
148 Toledo West Drive Hemphill, TX It's Rare When You Get to Step Into a Home and Actually See A True Panoramic View! This Sp...	3 beds \| 3 baths \| 2,200 sq.ft.	$589,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.98% Airbnb Rental Income: $1305 Traditional Rental Income: $2714 Airbnb ROI: -1.32% Traditional ROI: 1.98%
140 Periwinkle Drive Hemphill, TX Affordable lake-area getaway on over half an acre featuring a unique, fully furnished ship...	1 beds \| 1 baths \| 140 sq.ft.	$89,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 4.63% Airbnb Rental Income: $562 Traditional Rental Income: $876 Airbnb ROI: -2.22% Traditional ROI: 4.63%
6970 Old Sabinetown Road Hemphill, TX 4-bedroom, 2-bath home conveniently located just 2 minutes from Lowes Creek boat ramp and ...	4 beds \| 2 baths \| 2,356 sq.ft.	$269,000	Airbnb cash on cash: 4.85% Traditional cash on cash: 5.5% Airbnb Rental Income: $2661 Traditional Rental Income: $2194 Airbnb ROI: 4.85% Traditional ROI: 5.5%
2102 Gateway Meadows Hemphill, TX Did somebody say Unrestricted Waterfront?! This 1B/1B sitting in the back of Housen Bay on...	1 beds \| 1 baths \| 968 sq.ft.	$160,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 5.92% Airbnb Rental Income: $562 Traditional Rental Income: $1420 Airbnb ROI: -1.54% Traditional ROI: 5.92%
300 Aspen Drive Hemphill, TX Affordable Waterfront Home with Shop, Boathouse & Guest Space! This 3-bedroom, 2-bath home...	3 beds \| 2 baths \| 1,705 sq.ft.	$369,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.53% Airbnb Rental Income: $1305 Traditional Rental Income: $2278 Airbnb ROI: -0.46% Traditional ROI: 3.53%
1818 LAKESHORE DRIVE Hemphill, TX Waterfront living on Toledo Bend Lake in the desirable Pendleton Harbor subdivision! Well ...	2 beds \| 3 baths \| 1,008 sq.ft.	$550,000	Airbnb cash on cash: -2.38% Traditional cash on cash: 0.49% Airbnb Rental Income: $587 Traditional Rental Income: $1777 Airbnb ROI: -2.38% Traditional ROI: 0.49%
301 Lillian Street Hemphill, TX Spacious 4BR/2BA double-wide mobile home on a concrete slab featuring an open floor plan w...	4 beds \| 3 baths \| 2,520 sq.ft.	$219,900	Airbnb cash on cash: 7.53% Traditional cash on cash: 9.9% Airbnb Rental Income: $2661 Traditional Rental Income: $2522 Airbnb ROI: 7.53% Traditional ROI: 9.9%
245 Shadow Drive Hemphill, TX This gorgeous Sandy Creek Estates home offers stunning water views on 1.8444 acres. With 2...	3 beds \| 2 baths \| 2,400 sq.ft.	$425,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.64% Airbnb Rental Income: $1305 Traditional Rental Income: $1789 Airbnb ROI: 0.4% Traditional ROI: 2.64%
581 Angela Lane Hemphill, TX This darling 4/2 home on over an acre of land, is fenced and a block after you pass boat l...	4 beds \| 2 baths \| 1,578 sq.ft.	$349,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 4.12% Airbnb Rental Income: $2661 Traditional Rental Income: $1962 Airbnb ROI: 4.33% Traditional ROI: 4.12%
190 Timberlane Loop Hemphill, TX Charming waterfront home on a large lot located in the sought after Timberlane Subdivision...	2 beds \| 2 baths \| 1,088 sq.ft.	$295,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 4.01% Airbnb Rental Income: $587 Traditional Rental Income: $1637 Airbnb ROI: -0.8% Traditional ROI: 4.01%
630 WORTH STREET Hemphill, TX Excellent investment opportunity with this well-maintained duplex with 2 units- each with ...	4 beds \| 2 baths \| 1,844 sq.ft.	$185,000	Airbnb cash on cash: 9.27% Traditional cash on cash: 8.86% Airbnb Rental Income: $2661 Traditional Rental Income: $1955 Airbnb ROI: 9.27% Traditional ROI: 8.86%
412 Commodore Drive Hemphill, TX Welcome to Pendleton Harbor on beautiful Toledo Bend Reservoir! Built in 2022, this charmi...	2 beds \| 2 baths \| 1,461 sq.ft.	$245,000	Airbnb cash on cash: -1.94% Traditional cash on cash: 5.08% Airbnb Rental Income: $587 Traditional Rental Income: $1925 Airbnb ROI: -1.94% Traditional ROI: 5.08%
920 Mann Street Hemphill, TX Rare find! Vintage 1950 home on nearly 3.5 acres inside the city limits. This unique prope...	3 beds \| 2 baths \| 2,456 sq.ft.	$329,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 3.85% Airbnb Rental Income: $1305 Traditional Rental Income: $2144 Airbnb ROI: -0.18% Traditional ROI: 3.85%
212 Oakleaf Circle Hemphill, TX This beautiful waterfront home on Toledo Bend Lake checks all the boxes! Located in the de...	4 beds \| 2 baths \| 2,270 sq.ft.	$629,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 2.25% Airbnb Rental Income: $2661 Traditional Rental Income: $2237 Airbnb ROI: 1.9% Traditional ROI: 2.25%
146 Emerald Beach Hemphill, TX Discover a rare UNRESTRICTED waterfront retreat on Toledo Bend Reservoir Approx. 500 ft of...	1 beds \| 1 baths \| 816 sq.ft.	$489,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.04% Airbnb Rental Income: $562 Traditional Rental Income: $1034 Airbnb ROI: -0.61% Traditional ROI: 1.04%
805 WORTH STREET Hemphill, TX Charming 1940s Home with Space & Versatility Near Downtown Hemphill. Spacious 3,481 sq. ft...	4 beds \| 2 baths \| 3,481 sq.ft.	$229,000	Airbnb cash on cash: 7.07% Traditional cash on cash: 7.79% Airbnb Rental Income: $2661 Traditional Rental Income: $2184 Airbnb ROI: 7.07% Traditional ROI: 7.79%
613 S Kennon St Hemphill, TX This 2 story beauty backs up to the national forest and is a 3 Bedroom and /2 1/2 Bath and...	3 beds \| 3 baths \| 1,954 sq.ft.	$315,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 4.28% Airbnb Rental Income: $1305 Traditional Rental Income: $1918 Airbnb ROI: 0.84% Traditional ROI: 4.28%
188 Driftwood Loop Hemphill, TX !!!REDUCED WATERVIEW!!! Looking for a small home or camp at Toledo Bend? Look no more, thi...	2 beds \| 2 baths \| 916 sq.ft.	$174,900	Airbnb cash on cash: -1.33% Traditional cash on cash: 6.12% Airbnb Rental Income: $587 Traditional Rental Income: $1540 Airbnb ROI: -1.33% Traditional ROI: 6.12%
582 Johnson Drive Hemphill, TX You will get your money's worth with this one story home on THREE nice lots with 1768 Sq f...	2 beds \| 2 baths \| 1,768 sq.ft.	$172,500	Airbnb cash on cash: -1.51% Traditional cash on cash: 8.82% Airbnb Rental Income: $587 Traditional Rental Income: $1997 Airbnb ROI: -1.51% Traditional ROI: 8.82%
1059 Scrappin Valley Hemphill, TX Great home nestled on 3.75 acres in the piney woods of East Texas! Home borders the breath...	3 beds \| 3 baths \| 1,980 sq.ft.	$359,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 4% Airbnb Rental Income: $1305 Traditional Rental Income: $2040 Airbnb ROI: 0.62% Traditional ROI: 4%
1100 Worth Street Hemphill, TX Cozy Brick Home with 3B/2B/one car garage, CA/CH, Metal roof, sits on 0.44 ac. with fenced...	3 beds \| 2 baths \| 1,892 sq.ft.	$150,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 11.96% Airbnb Rental Income: $1305 Traditional Rental Income: $2147 Airbnb ROI: 3.26% Traditional ROI: 11.96%
181 Pineridge Drive Hemphill, TX If you have been dreaming of a tranquil escape to the lake, this is the perfect opportunit...	2 beds \| 2 baths \| 840 sq.ft.	$130,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 6.86% Airbnb Rental Income: $587 Traditional Rental Income: $1356 Airbnb ROI: -1.58% Traditional ROI: 6.86%
282 Holly Bay Circle Hemphill, TX Located on a spacious corner lot, this waterfront 3-bedroom, 2-bath lake home offers the p...	3 beds \| 2 baths \| 1,474 sq.ft.	$279,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 5% Airbnb Rental Income: $1305 Traditional Rental Income: $1848 Airbnb ROI: 1.39% Traditional ROI: 5%
910 LAKESHORE DRIVE Hemphill, TX Charming 2-Bedroom, 1-Bath Home in Pendleton Harbor. This comfortable frame home offers co...	2 beds \| 1 baths \| 1,344 sq.ft.	$179,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 6.73% Airbnb Rental Income: $587 Traditional Rental Income: $1478 Airbnb ROI: -0.18% Traditional ROI: 6.73%
375 Admiral Drive Hemphill, TX Welcome to your dream home! This stunning property is 3 bedrooms with 2 baths with a styli...	3 beds \| 2 baths \| 1,680 sq.ft.	$245,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 6.34% Airbnb Rental Income: $1305 Traditional Rental Income: $2068 Airbnb ROI: 1.29% Traditional ROI: 6.34%
221 Winfree Dr Hemphill, TX If you're an outdoor enthusiast that likes to hunt and fish, this 6.69 acre tract in the T...	2 beds \| 2 baths \| 960 sq.ft.	$399,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.24% Airbnb Rental Income: $587 Traditional Rental Income: $1361 Airbnb ROI: -0.6% Traditional ROI: 2.24%
780 WORTH STREET Hemphill, TX 2BR/2BA Home in Prime Hemphill Location! Step into comfort and convenience with this beaut...	2 beds \| 2 baths \| 1,380 sq.ft.	$145,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 10.04% Airbnb Rental Income: $587 Traditional Rental Income: $1763 Airbnb ROI: -0.5% Traditional ROI: 10.04%
219 Laguna Bend Hemphill, TX Tucked along the scenic shores of Toledo Bend Lake, this 1 1/2 story, 3-bedroom, 3-bath ho...	3 beds \| 3 baths \| 2,281 sq.ft.	$460,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.34% Airbnb Rental Income: $1305 Traditional Rental Income: $2305 Airbnb ROI: -0.93% Traditional ROI: 2.34%
2530 Fairdale Road Hemphill, TX Extremely clean 2017 Oak Manor MH, approx. 15.5x64 with all kitchen appliances, washer & d...	2 beds \| 2 baths \| 992 sq.ft.	$135,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 8.51% Airbnb Rental Income: $587 Traditional Rental Income: $1554 Airbnb ROI: -1.16% Traditional ROI: 8.51%
125 Lochwood Lane Hemphill, TX Cozy 2 bedroom - 2 1/2 bath waterfront cabin on Toledo Bend. This cutie is about 1056 sq. ...	2 beds \| 3 baths \| 1,056 sq.ft.	$339,000	Airbnb cash on cash: -2.13% Traditional cash on cash: 0.72% Airbnb Rental Income: $587 Traditional Rental Income: $1209 Airbnb ROI: -2.13% Traditional ROI: 0.72%
152 N Oak Street Hemphill, TX HISTORICAL TOWN HOUSE ON THE SQUARE IN HEMPHILL AND A COMMERCIAL SPA BUILDING. THIS BEAUTI...	3 beds \| 3 baths \| 2,000 sq.ft.	$385,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 2.75% Airbnb Rental Income: $1305 Traditional Rental Income: $2090 Airbnb ROI: -0.55% Traditional ROI: 2.75%
523 Beechridge Loop Hemphill, TX MOSTLY FURNISHED WATERVIEW PROPERTY LOCATED IN THE SOUGHT-AFTER FAIRMOUNT COMMUNITY! This ...	2 beds \| 1 baths \| 960 sq.ft.	$169,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.5% Airbnb Rental Income: $587 Traditional Rental Income: $780 Airbnb ROI: -1.48% Traditional ROI: 1.5%
1750 Pleasure Bend Road Hemphill, TX This 1975 MH is being totally remodeled. New floors, ac/htg unit, cabinets, windows, appli...	3 beds \| 2 baths \| 840 sq.ft.	$150,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 3.75% Airbnb Rental Income: $1305 Traditional Rental Income: $1033 Airbnb ROI: 2.81% Traditional ROI: 3.75%
640 Pecan Estates Loop Hemphill, TX 2B/2B Brick home, sitting on a spacious 1-acre lot with beautiful waterfront views, is loc...	2 beds \| 2 baths \| 1,552 sq.ft.	$294,000	Airbnb cash on cash: -2.03% Traditional cash on cash: 2.92% Airbnb Rental Income: $587 Traditional Rental Income: $1669 Airbnb ROI: -2.03% Traditional ROI: 2.92%
134 Bay Court Hemphill, TX Completely remodeled and move in ready, this extraordinary waterfront home is located on a...	3 beds \| 3 baths \| 2,588 sq.ft.	$595,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 2.14% Airbnb Rental Income: $1305 Traditional Rental Income: $2836 Airbnb ROI: -1.35% Traditional ROI: 2.14%
400 Sunny Shores Hemphill, TX Stunning Waterfront Home on Millionaire Point - Toledo Bend Lake. This beautiful 3-bedroom...	3 beds \| 3 baths \| 2,720 sq.ft.	$1,099,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 0.81% Airbnb Rental Income: $1305 Traditional Rental Income: $2488 Airbnb ROI: -0.75% Traditional ROI: 0.81%
403 Arney Street Hemphill, TX Charming 3BR/2BA Home. This inviting 3-bedroom, 2-bath home offers 1,872 sq. ft. of well-d...	3 beds \| 2 baths \| 1,872 sq.ft.	$145,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 11.4% Airbnb Rental Income: $1305 Traditional Rental Income: $1940 Airbnb ROI: 3.9% Traditional ROI: 11.4%
210 Bay Court Hemphill, TX 3B/3B Victorian-style waterfront home situated on approximately 0.50 acre on Palo Gaucho B...	3 beds \| 4 baths \| 2,700 sq.ft.	$499,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 6.13% Airbnb Rental Income: $1305 Traditional Rental Income: $3533 Airbnb ROI: 0.48% Traditional ROI: 6.13%
170 Winterwood Hemphill, TX Attractive, log type home sitting on three lots, fenced, with living/kitchen open concept;...	3 beds \| 2 baths \| 1,200 sq.ft.	$222,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 5.35% Airbnb Rental Income: $1305 Traditional Rental Income: $1536 Airbnb ROI: 2.32% Traditional ROI: 5.35%
2846 Palo Gaucho Crossing Hemphill, TX Experience lakeside living at its finest with this beautiful 2 bedroom, 2 bathroom home on...	2 beds \| 2 baths \| 2,148 sq.ft.	$699,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.25% Airbnb Rental Income: $587 Traditional Rental Income: $2446 Airbnb ROI: -1.04% Traditional ROI: 2.25%

Real Estate investment in Hemphill, TX

There are 70 properties for sale in the city of Hemphill . The median list price in Hemphill is $219,000 and the average price per square foot is $140. In July 2026, the average monthly cash on cash return in Hemphill is 5.00%. The average monthly rental income in Hemphill is $1,771.

Hemphill, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 70 investment properties available for sale in Hemphill.

In 2026, the best neighborhood to buy investment property is Hemphill.

The ROI for Short-Term is higher than the Long-Term in Hemphill with average rental income of $1,305.

Your search for investment property begins and ends here

Investment Property for Sale in Hemphill, TX

148 Toledo West Drive

Hemphill, TX

3 beds | 3 baths | 2,200 sq.ft.

$589,000

Airbnb cash on cash: -1.32%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $1305

Traditional Rental Income: $2714

Airbnb ROI: -1.32%

Traditional ROI: 1.98%

140 Periwinkle Drive

Hemphill, TX

1 beds | 1 baths | 140 sq.ft.

$89,000

Airbnb cash on cash: -2.22%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $562

Traditional Rental Income: $876

Airbnb ROI: -2.22%

Traditional ROI: 4.63%

6970 Old Sabinetown Road

Hemphill, TX

4 beds | 2 baths | 2,356 sq.ft.

$269,000

Airbnb cash on cash: 4.85%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $2661

Traditional Rental Income: $2194

Airbnb ROI: 4.85%

Traditional ROI: 5.5%

2102 Gateway Meadows

Hemphill, TX

1 beds | 1 baths | 968 sq.ft.

$160,000

Airbnb cash on cash: -1.54%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $562

Traditional Rental Income: $1420

Airbnb ROI: -1.54%

Traditional ROI: 5.92%

300 Aspen Drive

Hemphill, TX

3 beds | 2 baths | 1,705 sq.ft.

$369,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $1305

Traditional Rental Income: $2278

Airbnb ROI: -0.46%

Traditional ROI: 3.53%

1818 LAKESHORE DRIVE

Hemphill, TX

2 beds | 3 baths | 1,008 sq.ft.

$550,000

Airbnb cash on cash: -2.38%

Traditional cash on cash: 0.49%

Airbnb Rental Income: $587

Traditional Rental Income: $1777

Airbnb ROI: -2.38%

Traditional ROI: 0.49%

301 Lillian Street

Hemphill, TX

4 beds | 3 baths | 2,520 sq.ft.

$219,900

Airbnb cash on cash: 7.53%

Traditional cash on cash: 9.9%

Airbnb Rental Income: $2661

Traditional Rental Income: $2522

Airbnb ROI: 7.53%

Traditional ROI: 9.9%

245 Shadow Drive

Hemphill, TX

3 beds | 2 baths | 2,400 sq.ft.

$425,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $1305

Traditional Rental Income: $1789

Airbnb ROI: 0.4%