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    34444 A Fm 1488 Rd Hempstead, TX 77445

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    For Sale
    $2,938,944

    61+ acres with road frontage, home, workshops, ponds, AG exemption.

    Lot size:
    61.23 Acres

    Property Features for 34444 A Fm 1488 Rd

    General Information

    Lot size
    61.23 Acres

    Building Details

    Year built
    1960

    Source: Waller County Land Co. Agent Timothy Phelan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land with Development Potential

    This unrestricted property encompasses 61.228 acres, presenting potential for commercial or residential development. It features approximately 2200 feet of road frontage on FM 1488 and 1570 feet on Nelson Road, ensuring visibility and accessibility. A 3-bedroom, 2-bath home is situated on the property and could serve as a residence, office, or guest quarters. Two workshops are also located on the premises. The land includes two ponds and partial tree coverage, providing natural beauty and shade. Fencing is present on three sides of the property. An AG exemption is in place, presenting opportunities for farming or livestock ventures. The location is suited for a business seeking to capitalize on the traffic of FM 1488. The property is not in a flood plain.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hempstead
    County
    Waller
    State
    Texas
    Longitude
    -96.0805
    Latitude
    30.0877

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    FAQs

    What type of property is this?
    Farm - 61+ acres with road frontage, home, workshops, ponds, AG exemption.
    Where is this farm located?
    The property is located at 34444 A Fm 1488 Rd Hempstead, TX.
    What is the asking price?
    The asking price for this property is $2,938,944.
    What are key features of this property?
    This property features: - 61.228 acres of unrestricted land suitable for commercial or residential development; - Prime location with approx. 2200 ft road frontage on FM 1488 and 1570 ft on Nelson Rd., offering high visibility and accessibility; - Existing 3-bedroom, 2-bath home suitable for residence, office, or guest quarters
    (281) 723-9656
    Request Owner's contact information
    34444 A Fm 1488 Rd Hempstead, TX 77445
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    Hempstead, TX 77445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34444 A Fm 1488 Rd Hempstead, TX 77445
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