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220-Acre Land Assemblage in Hempstead
For Sale
$10,500,000

15140 FM-359, Hempstead, TX 77445

Contiguous land with development potential in Waller County growth corridor.

Property SizeContact for details
Lot Size220.96 Acres
Days on Market224

Property Features for 15140 FM-359

General Information

Standard status Active
Lot size 220.96 Acres
Property subtype Land or Vacant Lot

Amenities

Central air
Pool
Central Air Cooling
Central Heating
Electric Cooling
Gas Heating
Gunite
Hardwood Trees
Mobile Home Allowed
Pasture
Propane Heating
Trees
Listing Agency: HAVEN REALTY INTERNATIONAL
Listed By: BRADLEY UPSHAW · License #0550498
Source: Corcoran
Added: Jan 23 Changed: Sep 2 Last Checked: Sep 4 at 7:31AM

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 HAVEN REALTY INTERNATIONAL

Investment Insights

Based on property information with market context.

This offering consists of approximately 220.96 acres of contiguous land with primary frontage on FM-359 and additional access from Schmidt Road and Peters Road, situated in the Hempstead–Waller growth corridor. The property, marketed as 15140 FM-359, comprises three tracts, providing flexibility for future development, phased planning, or long-term investment. The land includes two residences, multiple barns, multiple water wells, stock tanks/ponds, fencing and cross-fencing, and established livestock infrastructure. Currently operated as an exotic game and agricultural ranch, the property has agricultural use in place with interim income potential while entitlements or future plans are evaluated. Multiple access points support efficient subdivision design and future entrances. It presents an excellent opportunity for developers, land investors, or master-planned community assemblage in a rapidly expanding area of Waller County. Livestock, exotic animals, and non-attached farm equipment are not included but may be negotiable.

Key Highlights

  • ±220.96‑acre contiguous land assemblage in the Hempstead–Waller growth corridor.
  • Primary frontage on FM‑359 with additional access from Schmidt Road and Peters Road.
  • Exceptional flexibility for future development, phased planning, or long‑term investment.

Property Analytics

Current Use

Ranches

Suggested Use

Top Pick Auto Repair Shop Accounting Firm Law Firm

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

9
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Ranch - Contiguous land with development potential in Waller County growth corridor.
Where is this ranch located?
The property is located at 15140 FM-359 Hempstead, TX.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: ±220.96‑acre contiguous land assemblage in the Hempstead–Waller growth corridor.; Primary frontage on FM‑359 with additional access from Schmidt Road and Peters Road.; Exceptional flexibility for future development, phased planning, or long‑term investment.
More about this property
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