




$6,100
NAL Estimated Property Value0000 Owl Drive, Hempstead, TX, 77445
About this property
Up and coming neighborhood with great schools and LOW tax rate. Deerwood Lakes is a beautiful, gated, park like community. Amenities include 4 fishing lakes community pool clubhouse, and tennis courts. Far enough to feel like country, with just a short drive into town. NO MOBILE HOMES ALLOWED. Deed restrictions are available. POA does not own or maintain the roads. Electric and water in the area, no sewer.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Hempstead
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