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    Property profile & analytics

    29064 Mellman Rd Hempstead, TX 77445

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-7566858
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 29064 Mellman Rd

    Property type
    Commercial real estate

    Description

    This exceptional 77445 property, located at 29064 Mellman Rd in Hempstead, Texas, presents a rare opportunity for investors and developers. Spanning a significant acreage (exact size not specified), this unrestricted land offers unparalleled versatility. Its idyllic location in Waller County provides a tranquil setting, yet remains conveniently accessible. The property boasts a captivating blend of open meadow and mature trees, creating a picturesque landscape ideal for a variety of uses. The asking price is $450,000. Buyers can pursue diverse development options, including residential construction (such as a dream home or barndominium) or commercial ventures. The absence of restrictive covenants allows for maximum flexibility in planning and execution. This unique parcel combines the serenity of rural Texas with the potential for significant return on investment. Its prime location in Waller County, coupled with its unrestricted nature and appealing natural features, makes it a highly desirable acquisition. The property's latitude and longitude coordinates are 30.1891293 and -95.9955829 respectively. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity. The property is classified as Agricultural, Commercial, and Ranch land.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hempstead
    County
    Waller
    State
    Texas
    Longitude
    -95.9955829
    Latitude
    30.1891293

    Comparable in this City

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      Unrestricted Land with Road Frontage

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      Six-acre tract near Prairie View with development potential.
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    • $275,000

      Unrestricted Land in Growing Area

      4 acre lot in Waller County near major routes.
      00022 Nelson Rd, Hempstead, TX 77445
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    • $2,871,732

      75+ Acres with 5-Acre Lake

      Rural property featuring a 5-acre lake with scenic views.
      Fm 3346 Rd, Hempstead, TX 77445
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    • $2,495,000
      17.65 Acres

      Hempstead Farm with Custom Home

      Stunning 4,448 sqft custom home on 17.64 acres.
      40051 Mesquite, Hempstead, TX 77445
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    • $9,380,000

      Unimproved Acres in Waller County

      268 acres with development potential near Houston.
      14029 Cochran Rd, Waller, TX 77445
      View Details

    Similar Nearby for Sale

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    • $1,049,000

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      14.795-acre tract near Hempstead with easy access to major cities.
      44180 Urban Rd, Hempstead, TX 77445
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    • $2,327,550

      Unrestricted Acreage North of Hempstead

      78+ acres ideal for horses, cattle, or custom estate.
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    • $799,000
      8.45 Acres

      Hempstead Land on FM 359

      8.45 acres in the path of Hempstead's explosive growth.
      22272 Farm To Market 359, Hempstead, TX 77445
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    • $2,938,944

      Unrestricted Land with Development Potential

      61+ acres with road frontage, home, workshops, ponds, AG exemption.
      34444 A Fm 1488 Rd, Hempstead, TX 77445
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    • $275,000

      Unrestricted Land in Growing Area

      4 acre lot in Waller County near major routes.
      00022 Nelson Rd, Hempstead, TX 77445
      View Details
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    29064 Mellman Rd
    Hempstead, TX 77445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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