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$775,000

12075 Fm 359 Road, Hempstead, TX, 77445

$1,007,500 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,708 Sq Ft
price_per_sqft$209.01 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDisposal, Microwave, Dishwasher

Exterior

Exterior FeaturesBalcony
Lot Size1.28 acres

Building Information

Year Built1995
Stories2
Garage Spaces2

Land Information

APN317500-024-001-100
SubdivisionA-175 H T C R R Co
Land UseResidential
Legal DescriptionABS A317500 A-175 H & T C R R CO TRACT 24-1 ACRES 1.282
Census Tract680501
Assessed Land Value$123,930
Assessed Improvement Value$483,430
Assessment Year2025

About this property

Welcome to a rare opportunity in Hempstead, where lifestyle, land, & long-term value come together on 1.282 acres of unrestricted property. This custom-built 3,700+ sq ft home offers 4 bedrooms, formals, a gameroom & a spacious media room, with an upstairs split floor plan & private balcony creating an exclusive retreat. Crafted with care by the original owners, the home showcases porcelain, hardwood, birch flooring & a stone-accented entry, two A/C units, propane heating, water well, & gas/electric flexibility. Step outside to a true estate setting with mature oak trees, fruit trees, a koi pond, greenhouse, & warehouse, offering endless possibilities to live, work, & grow. Positioned in a rapidly developing corridor of Waller County, near expanding residential, commercial, & educational growth, this property offers not only present value but future opportunity. Additional 9.78 acres available for those seeking expanded acreage, investment potential, or multi-use development.

Investor Tools

$38,615Estimated Mortgage Balance
$856,385Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,007,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

Interested in this property?

Jantavia Connor

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$607,360
2025
$123,930
$483,430
$607,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$607,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerigroup Mortgage Corp
Va
$61,809
Yes
First
Jul 2, 2012
Aug 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,615
$856,385
95%
4%
$245/mo

City: Hempstead

12075 Fm 359 Road | Property Details | No Agent List