29645 Highway 6 Hempstead, TX 77445
This exceptional 3.9-acre property in Hempstead, Texas, presents a unique investment opportunity. Located on Highway 6, it boasts 258 feet of prime road frontage in a high-traffic area. The land is zoned for commercial, industrial, and residential use, offering unparalleled flexibility. The property includes a charming three-bedroom, two-bathroom home, perfect for owner-occupancy or rental income. The home features a metal roof, wood-burning fireplace, and an open-concept living, kitchen, and dining area ideal for entertaining. A spacious 12x64 covered rear patio and an above-ground pool provide ample outdoor living space. A substantial 40x45 metal building with two roll-up doors, 16-foot eaves, and 10x10 double swing doors offers significant storage or workshop potential. Additional features include a two-car attached carport and a tree-lined driveway. The property sits outside the floodplain, adding to its desirability. This versatile property is perfectly suited for a home-based business, offering a blend of residential comfort and commercial potential. The Waller County location and Highway 6 visibility make this an exceptional opportunity for a variety of uses. The APN is 301200-041-005-100. Asking price is $690,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.