string(19) "houstonarea.har.com" TBD FM 1488, Hempstead, TX 77445 - HAR.com LoopMe

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26,737 Lot Sqft.
Lots
85 Day(s) on HAR.com

General Description

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An exceptional investment opportunity awaits! Presenting 4+ city lots strategically located in the City of Hempstead, zoned as Highway Commercial. With approx 270 ft of road frontage on FM 1488 & 100 feet on First St this property offers prime visibility and accessibility. These lots provide endless possibilities for commercial development. Whether you envision establishing a thriving business, constructing a retail center, or creating a professional office space, this is the ideal canvas to bring your vision to life. This property benefits from high traffic exposure. The combination of its strategic positioning and the city's growth trajectory makes this an enticing investment opportunity with immense potential. Act now to capitalize on this remarkable investment opportunity in the growing City of Hempstead. Contact me today to explore the opportunity!

MLS#:
96501662 (HAR)
Sold Price Range:
$120,001 - $140,000
Listing Status:
Sold
Address:
TBD FM 1488
City:
Hempstead
State:
TX
Zip Code:
County:
Subdivision:
Hempstead
Legal Description:
HEMPSTEAD BLK 131 LOT LT 1 & 2 & 6 & 7 & PT 3 & 8
Property Type:
Lots
Lot Size:
26,737 Sqft. /Appraisal District
Market Area:


Exterior Features

Lot Description:
Corner, Open
Water Sewer:
Public Sewer, Public Water
Cable:
Unknown
Phone:
Unknown
Electric:
Electric Available
Gas:
Availability Unknown
Road Surface:
Asphalt
Area Pool:
No


Additional Information

List Type:
Exclusive Right to Sell/Lease
HOA Mandatory:
No
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
0%
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Financial Information

Financing Considered:
Cash Sale, Conventional
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$1, 131/2022
Tax Rate:
2.4184


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $-- $78,740 68.28% $78,740 68.28%
2022 $-- $46,790 6.78% $46,790 6.78%
2021 $-- $43,820 2.24% $43,820 2.24%
2020 $-- $42,860 105.47% $42,860 105.47%
2019 $-- $20,860 -10.01% $20,860 -10.01%
2018 $-- $23,180 $23,180
2023 Waller County Appraisal District Tax Value
Market Land Value: $78,740
Market Improvement Value: $0
Total Market Value: $78,740
waller County Appraisal District
2023 Tax Rates
HEMPSTEAD CITY OF: 0.5827 %
WALLER-HARRIS ESD 200: 0.0863 %
WALLER COUNTY: 0.4987 %
WALLER COUNTY FM: 0.0243 %
HEMPSTEAD ISD: 0.9513 %
Total Tax Rate: 2.1432 %

Estimated Mortgage/Tax

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$771 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 630
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 141
Home Owners Insurance Get a Quote
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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:
Hempstead
Home For Sales:
157
Average List Price:
$360,670
Average Bedrooms:
3.31
Average Baths:
2.23
Average Square Ft.:
1,973
Average Price/Square Ft.:
$182.06
Home For Lease:
10
Average Lease :
$2,091
Average Lease/Square Ft.:
$1.10

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Hempstead Elementary School Elementary . EE - 05 . HEMPSTEAD ISD
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Hempstead Middle School Middle . 06 - 08 . HEMPSTEAD ISD
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Hempstead High School High . 09 - 12 . HEMPSTEAD ISD
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View Nearby Schools

TBD FM 1488 Hempstead TX 77445 was recently sold. It is a 0.61 Acre(s) Lot, in Hempstead.

View all homes on FM 1488

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