000 Bonnie Lake Dr Hempstead, TX 77445
This exceptional 0.54-acre commercial land parcel is ideally situated in Hempstead, Texas, within Waller County, and boasts a prime location between the vibrant cities of College Station and Houston. The property, located at 000 Bonnie Lake Drive, zip code 77445, presents a unique opportunity for developers or investors seeking a buildable lot. The land is characterized by its wooded landscape, offering a tranquil setting for future development. The asking price for this attractive property is $45,000. This desirable location offers convenient access to major transportation routes, connecting residents to both urban centers and surrounding areas. The Rolling Hills community provides added amenities, including a community lake and swimming pool, enhancing the overall appeal and lifestyle benefits. Importantly, the property's deed restrictions prohibit mobile homes, ensuring the maintenance of a consistent and high-quality development standard within the community. This lot presents a compelling investment opportunity for those seeking to capitalize on the growth and potential of this thriving region. The property's coordinates are 30.1656586 latitude and -96.0166658 longitude.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.