Rare ±220.96-acre contiguous land assemblage with primary frontage on FM-359 and additional access from Schmidt Road and Peters Road in the Hempstead–Waller growth corridor. Marketed as 15140 FM-359, this three-tract offering provides exceptional flexibility for future development, phased planning, or long-term investment. Property includes two residences, multiple barns, multiple water wells, stock tanks/ponds, fencing and cross-fencing, and established livestock infrastructure. Currently operated as an exotic game and agricultural ranch. Agricultural use in place with interim income potential while entitlements or future plans are evaluated. Multiple access points support efficient subdivision design and future entrances. Livestock, exotic animals, and non-attached farm equipment are not included but may be negotiable. Excellent opportunity for developers, land investors, or master-planned community assemblage in a rapidly expanding area of Waller County.
For sale
$10,500,000
15140 Fm 359 Rd, Hempstead, TX 77445
--beds
0baths
--sqft
Est.:
Farm
Built in ----
220.96 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Multiple barnsFencing and cross-fencingTwo residencesMultiple water wellsEstablished livestock infrastructure
- 17 days |
- 127 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: January 22, 2026 at 11:34pm
Listed by:
Bradley Upshaw TREC #0550498 713-416-5857,
Haven Realty International
Source: HAR,MLS#: 60173435
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Propane
Cooling
- Electric
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Has private pool: Yes
- Pool features: Gunite
- Spa features: Spa/Hot Tub
- Fencing: Cross Fenced,Fenced
- Waterfront features: Lake
Lot
- Size: 220.96 Acres
- Features: Pasture, 50 or more Acres
Details
- Additional structures: 2 or More Barns, Barn(s), Guest House, Shed(s)
- Parcel number: 304100308000100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: A-41 Justo Liendo
Location
- Region: Hempstead
Financial & listing details
- Tax assessed value: $1,408,760
- Date on market: 1/23/2026
- Listing terms: Cash,Investor,Other
- Road surface type: Asphalt, Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$3,125/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Listed for sale | $10,500,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,408,760 +8.4% |
| 2024 | $10,979 +22.5% | $1,299,350 +33.3% |
| 2023 | $8,963 -9.2% | $974,950 +3.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$67,049/mo
Principal & interest
$51649
Property taxes
$11725
Home insurance
$3675
Climate risks
Neighborhood: 77445
Nearby schools
GreatSchools rating
- 2/10Hempstead Elementary SchoolGrades: PK-5Distance: 8.3 mi
- 4/10Hempstead Middle SchoolGrades: 6-8Distance: 7.5 mi
- 2/10Hempstead High SchoolGrades: 9-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Hempstead Elementary School
- Middle: Hempstead Middle School
- High: Hempstead High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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