Multifamily

Hempstead, TX Multifamily Properties for Sale

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Prairie View, TX Waller, TX Bellville, TX Bellvue, TX Hockley, TX Chappell Hill, TX Washington, TX Navasota, TX
Event Center and Apartments
Updated: Mar 25
Event Center and Apartments

48600 Highway 290 Bus, Hempstead, TX 77445

$2,500,000
16,592 sqft 11.32 AC lot
11.318 unrestricted acres with a 16,520 SF event center/ballroom built in 2009
Ballroom main room approx. 80x80 with raised stage, open layout, and 17 ft ceilings
Concession serving area with interior meeting rooms: approx. 24x38 and 24x27
Two on‑site apartments for owners, staff, or guests
Large stabilized parking lot out front with central air heat and abundant lighting
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Development Land Near Prairie View
Updated: Jan 26
Development Land Near Prairie View

000 Richards Rd, Hempstead, TX 77445

$740,000
10.50 AC lot
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.
Mostly open and level 10.5‑acre tract, suitable for residential, multifamily, or neighborhood retail projects.
Proximity to Prairie View Cricket Complex, Daikin plant, and future Highway 36A corridor.
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Hempstead, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

RV Park with Furnished Cabins
RV Park with Furnished Cabins

10494 Glass Road, Plantersville, TX 77363

$7,100,000
12.00 AC lot

The property combines full-hookup RV sites, furnished cabins, tent camping, and an on-site bar and grill.

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Mobile Home and RV Park
Mobile Home and RV Park

30291 & 30293 FM 1488 Road, Waller, TX 77484

$949,000
3,776 sqft 6.87 AC lot

Established park property includes a restaurant-ready building with on-site infrastructure and additional commercial-use flexibility.

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Unrestricted Acres in Growth Corridor
Unrestricted Acres in Growth Corridor

25704 Fm 1736, Waller, TX 77484

$2,200,000
37.00 AC lot

37 unrestricted acres with agricultural tax exemption in Waller, TX.

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RV Park with Furnished Cabins
RV Park with Furnished Cabins

10494 Glass Rd, Plantersville, TX 77363

$7,100,000

The 2024-built resort combines full-hookup sites, cabin lodging, food service, and guest amenities.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Lots Near Highway
Wooded Lots Near Highway

Lot 17-18 Honey Locust Lane, Plantersville, TX 77363

$60,000
22,500 sqft 0.50 AC lot

Two wooded lots totaling over 1/2 acre near Hwy 105.

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Land with Development Potential
Land with Development Potential

Sweed Road, Washington, TX 77880

$225,000
3.42 AC lot

3.43 acres of unrestricted land in Washington, TX.

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Land Tract with Highway 105 Access
Land Tract with Highway 105 Access

3959 Highway 105 E, Navasota, TX 77868

$429,000
5.72 AC lot

5.72-acre tract with fenced perimeter, stock tank, and Hwy 105 east frontage for flexible uses.

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Hempstead, TX Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Hempstead, TX on our real estate platform. These investment opportunities span a total of 16,592 square feet of properties for sale, with an estimated market value of $3,240,000.

Sale prices for multifamily properties in Hempstead, TX start at $740,000, averaging $1,620,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 15K
Population Growth (5Y) +10.5%
Median Household Income $63,650
College Educated 16.9%

High-Yield Neighborhoods for Investment

Identify Hempstead submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
77445 $1.6M

Taxes & Financing

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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