Hempstead, TX Multifamily properties for sale

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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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Student Housing Apartment Buildings

711 Thompson Drive, Prairie View, TX 77484

$3,350,000

1.02 AC lot

Student-oriented apartment layouts feature private bedrooms, in-unit laundry, and shared living areas.

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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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Cleared Farm with Mobile Homes

21512 Binford Road, Waller, TX 77484

$2,590,000

Cleared acreage includes income-producing mobile homes, water and septic infrastructure, irrigation, and a former event venue.

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Student Housing Property

1711 Thompson Dr, Prairie View, TX 77446

Contact for pricing

Student housing property with 48 beds, offered for sale, within walking distance of Prairie View A&M University.

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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.

0.26 Acre Wooded Lot

Lot 33 Gum Tree Lane, Plantersville, TX 77363

$34,000

0.26 AC lot

Unrestricted 0.26 acre lot with utilities at road.

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Wooded Lots Near Highway

Lot 17-18 Honeylocust Lane, Plantersville, TX 77363

$60,000

0.50 AC lot

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

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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

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.

Neighborhood	Average Price
77445	$1.6M

Neighborhood

Average Price

77445

$1.6M