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$25,000,000

19204 Fm 359 Road, Hempstead, TX, 77445

On MarketInfo
Beds11 Beds
Baths3 Bath
Baths4,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$5,941.06 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 11Bedrooms 11
Bathrooms 3Bathrooms 3
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator
FlooringCarpet, Concrete

Building Information

Garage Spaces2

About this property

550 Acres Angel Pines Ranch is located southeast of Hempstead, can be accessed four miles south of Highway 290 on FM 359 and 20 miles north of Brookshire from I-10. Zone to Waller County schools. The vintage ranch is lined with 3 miles of shaded trails surrounded by iconic pines planted in the 1960s. Leading to the property is three Mile Creek flowing on both sides, there are 3 bridges, a beautiful 2 bed/2bath barndominium, 2 mobile homes, 4 barns, 28 stalls, a lighted arena, a pipe fenced round pen, 9 smooth wired horse pastures, and 4 scenic ponds. 3 of the ponds cascade down to the hill to the woods and the creek. There are 2 big hay fields and numerous building sites. The ranch features 1650 feet of road frontage on FM 359 and Betka Rd. Arguably, Angel Pines Ranch is nestled among some of the most serene and beautiful land in Waller County/Waller ISD.

Investor Tools

$0Estimated Mortgage Balance
$25,000,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$150,000 /month
Positive
Cash Flow Estimate:
$50,000 /month

Interested in this property?

Collin Nguyen

Realty Associates

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Financing Details

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

City: Hempstead

19204 Fm 359 Road | Property Details | No Agent List