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Development Land Near Prairie View
For Sale
$740,000

000 Richards Rd, Hempstead, TX 77445

10.5-acre development land near Prairie View A&M University.

Property SizeContact for details
Lot Size10.50 Acres
Days on Market209

Property Features for 000 Richards Rd

General Information

Standard status Active
Lot size 10.50 Acres
Property subtype Land
Listing Agency: eXp Realty, LLC
Listed By: Sherri Echols · License #0596532
Source: Exprealty
Added: Jan 26 Changed: Aug 8 Last Checked: Jul 16 at 1:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This 10.5-acre tract of land is located directly across from Prairie View A&M University, situated between University Drive (FM 1098) and Business 290, within Prairie View’s expansion zone. The property is mostly open and level, facilitating planning for residential, multifamily, or neighborhood retail projects. Water, sewer, and electricity are available on the tract or directly next door. Developers are drawn to this location due to its proximity to PVAMU, the Prairie View Cricket Complex, and the growing Waller County employment base, including the Daikin plant and the future Highway 36A corridor. The location offers visibility and access to utilities, with regional demand for new housing and services.

Key Highlights

  • Prime development land directly across from Prairie View A&M University.
  • Utilities (water, sewer, and electricity) are on the tract or directly next door.
  • Located in the heart of Prairie View’s expansion zone, between University Drive (FM 1098) and Business 290.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 77445, TX

14,160
Population
5,810
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
185.8 sq mi
ZIP Area
76
Density / Sq Mi
$63,650
Median Household Income
$32,347
Median Earnings
$1,251
Median Rent
$270,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 10.5-acre development land near Prairie View A&M University.
Where is this commercial land located?
The property is located at 000 Richards Rd Hempstead, TX.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Prime development land directly across from Prairie View A&M University.; Utilities (water, sewer, and electricity) are on the tract or directly next door.; Located in the heart of Prairie View’s expansion zone, between University Drive (FM 1098) and Business 290.
More about this property
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