26179 Highway 6 Hempstead, TX 77445
This exceptional 15-acre property, located halfway between Houston and College Station on Hwy 6 in Hempstead, Texas (zip code 77445), presents a unique investment opportunity. The property boasts a substantial 5,155 square foot, two-story estate home built in 1985. The expansive lot offers 708+ feet of road frontage along Hwy 6, providing excellent visibility and accessibility. The property's diverse features include a resort-style swimming pool and an expansive outdoor living area, making it suitable for a variety of uses. The unrestricted nature of the land opens possibilities for various commercial ventures, including a bed and breakfast, wedding venue, or retreat center. The property's assessed parcel number (APN) is 313700-012-000-200. The asking price is $2,150,000, translating to $417.07 per square foot. Additional acreage may be available. This property is zoned for Commercial, Ranch, and Residential use. The Waller County location provides easy access to major transportation routes. This is a rare opportunity to acquire a substantial property with significant potential.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.