32634 Fm 1736 Rd Hempstead, TX 77445
This exceptional 84-acre property in Hempstead, Texas, presents a unique investment opportunity. Located on FM 1736 in Waller County, this expansive land boasts 2800 feet of road frontage and access to community water, making it suitable for various development projects. The land itself is characterized by lush grass, three ponds, cross-fencing, and several livestock shelters. Currently, a lease for cattle grazing and hay cutting is in place and can be transferred to the new owner. The property includes a remodeled 1363 square foot ranch-style home featuring three bedrooms and two bathrooms. This versatile property offers a tranquil retreat while remaining conveniently located. The property can be subdivided or held as a long-term investment, providing flexibility for the discerning buyer. While the information provided is believed to be accurate, potential buyers are strongly encouraged to conduct their own due diligence and verify all details to their satisfaction. Prospective buyers should be aware that Texas properties are subject to various natural and man-made influences, including weather events, environmental concerns, and potential issues related to disease, invasive species, and neighboring properties. Consult with your legal and tax advisors before making a purchase decision.
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Kelley Bushnell Holding LLC Holding Company
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
Similar Nearby for Lease
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.