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Property profile & analytics
OFF-MARKET
Commercial real estate

48597 Old Houston Hwy Hempstead, TX 77445

Property ID
US83-3113330
Property summary
AI-generated overview

This exceptional 2-acre property in Hempstead, Texas, presents a unique opportunity for diverse uses. Located at 48597 Old Houston Hwy, Waller County, zip code 77445 (30.08762486123094, -96.05684647093845), this unrestricted land offers the best of both worlds: convenient proximity to town amenities and the tranquility of peaceful country living. The expansive 53,012.5 square foot lot provides ample space for various development possibilities, catering to agricultural, ranch, or residential projects. The property is comprised of two separate tax IDs: ABS A304100 A-41 (JUSTO LIENDO TRACT 47 - 1.217 acres) and ABS A302400 A-24 (CHARLES DONAHOE TRACT 2-3 - 0.783 acres), totaling approximately 2 acres. This rare find is priced competitively at $245,000 and is ready for its next chapter. Don't miss this chance to acquire this versatile property

Property profile
Verified
Property type Commercial real estate
UPID US83-3113330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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