Multifamily

Hempstead, TX Multifamily Properties for Sale

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Event Center and Apartments
Updated: Mar 27
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hempstead, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

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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New Construction Triplex
New Construction Triplex

706 Universal St, Navasota, TX 77868

$660,900

Triplex includes three 3-bedroom, 2.5-bath units with private entries, fenced backyards, and one-car garages.

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Cleared Acres with Income Potential
Cleared Acres with Income Potential

21512 Binford Road, Waller, TX 77484

$2,590,000

14.5 acres in Waller with income-producing mobile homes.

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Unrestricted Land Near Navasota
Unrestricted Land Near Navasota

6.675 Acres Sh 6 S, Navasota, TX 77868

$499,000
6.68 AC lot

6.675 acres suitable for RV park or storage.

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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.

Plantersville Land For Sale
Plantersville Land For Sale

Lot 10 Sweetleaf Lane, Plantersville, TX 77363

$35,000
11,250 sqft 0.26 AC lot

0.26 acre lot with quick highway access.

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Land with Development Potential
Land with Development Potential

Sweed Road, Washington, TX 77880

$285,000
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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Unrestricted Land on FM 1486
Unrestricted Land on FM 1486

3974 FM 1486, Montgomery, TX 77356

$999,000

Unrestricted commercial land with frontage on FM 1486.

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Hempstead, TX Multifamily Properties Market Trends and Statistics

Explore 1 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 $2,500,000.

Sale prices for multifamily properties in Hempstead, TX start at $2,500,000, averaging $2,500,000, 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 $590K

Taxes & Financing

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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