This exceptional unrestricted property offers 61.228 acres of vast potential for commercial or residential development. The land has approx. 2200 ft road frontage on FM 1488 & 1570 ft on Nelson Rd., ensuring high visibility & accessibility. The 3-bedroom 2 Bath home on the property can serve as a residence, office, or guest quarters. Also located on the property are two work Shops. Also features two ponds, partial tree coverage providing natural beauty & shade, and is fenced on 3 sides for security & privacy. AG exemption in place presenting opportunities for various farming or livestock ventures. This prime location is perfect for a business looking to capitalize on the high traffic of FM 1488. Enjoy the peace of mind knowing this property is not in a flood plain. Don't miss this unique opportunity to invest in a property with endless possibilities.
For sale
$2,938,944
34444A Fm 1488 Rd, Hempstead, TX 77445
--beds
1,999sqft
Est.:
Farm
Built in 1960
61.23 Acres Lot
$2,641,800 Zestimate®
$1,470/sqft
$-- HOA
What's special
Two pondsTwo work shopsPartial tree coverageHigh visibility and accessibility
- 127 days |
- 28 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: September 22, 2025 at 07:51am
Listed by:
Timothy Phelan TREC #0315435 281-723-9656,
Waller County Land Co.
Source: HAR,MLS#: 82737139
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Electric
Features
- All Bedrooms Down
Interior area
- Total structure area: 1,999
- Total interior livable area: 1,999 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 1
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond
Lot
- Size: 61.23 Acres
- Features: Cleared, Wooded, 50 or more Acres
Details
- Parcel number: 322100003001100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Farm
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Hempstead
Financial & listing details
- Price per square foot: $1,470/sqft
- Annual tax amount: $1,324
- Date on market: 8/20/2025
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
$2,641,800
$2.48M - $2.80M
$2,151/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Price change | $2,938,944-4%$1,470/sqft |
Source:  HAR #82737139 Report a problem | ||
| 8/20/2025 | Price change | $3,061,400+24%$1,531/sqft |
Source: HAR #82737139 Report a problem | ||
| 7/1/2025 | Pending sale | $2,469,844$1,236/sqft |
Source: HAR #78368412 Report a problem | ||
| 5/22/2025 | Listed for sale | $2,469,844-33.7%$1,236/sqft |
Source: HAR #78368412 Report a problem | ||
| 5/12/2025 | Listing removed | $3,722,928$1,862/sqft |
Source: HAR #78368412 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$18,964/mo
Principal & interest
$14604
Property taxes
$3331
Home insurance
$1029
Climate risks
Neighborhood: 77445
Nearby schools
GreatSchools rating
- 4/10H T Jones Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 4/10Schultz J High SchoolGrades: 6-8Distance: 4.9 mi
- 3/10Waller High SchoolGrades: 8-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: H T Jones Elementary School
- Middle: Schultz Junior High School
- High: Waller 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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