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Days18Days on Market
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$4,500,000

28659 Double Culvert Road, Hempstead, TX, 77445

On MarketInfo
Baths0 Bath
Baths2,484 Sq Ft
price_per_sqft$1,811.59 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesWater Heater, Disposal, Ice Maker, Dryer Included, Refrigerator Included, Washer Included, Water Softener, Wine Refrigerator, Freestanding Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringConcrete, Wood

Exterior

Lot Size55.98 acres

Building Information

Year Built2011
Stories1
Garage Spaces4

Land Information

APN311700-002-003-100
SubdivisionA-117 Mortimore Donoho
Land UseAgriculture / Farming
Legal DescriptionABS A311700 A-117 MORTIMORE DONOHO TRACT 2-3 & 5 ACRES 55.979 P/O 94.6640 AC P/O 94.6640 AC
Census Tract680502
Assessed Land Value$32,230
Assessed Improvement Value$391,649
Assessment Year2025

About this property

Exceptional 97± acre unrestricted ranch featuring a custom barndominium designed with quality craftsmanship and premium finishes. The home offers reinforced construction, barnwood ceilings, hickory wood and stained concrete floors, granite countertops, copper sinks, a spacious primary suite with private balcony, sitting area, oversized walk-in closet, and luxury bath with double shower. Property improvements include a separate guest home, horse barn, RV barn, tractor barn, workshop, deer processing building, dog kennels, chicken pens, livestock facilities, cross-fenced pastures, and multiple covered outdoor living areas with an outdoor kitchen and pizza oven. Additional features include underground utilities, one 1,000-gallon and one 500-gallon propane tank, 26 kW whole-property generator, storm shelter, two water softeners, camera system, and two well houses. Private setting approximately 3/10 mile from the road with convenient access to College Station.

Investor Tools

$0Estimated Mortgage Balance
$423,879Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$27,000 /month
Positive
Cash Flow Estimate:
$9,000 /month

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Wendy Cline

Wendy Cline Properties Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,933
$423,879
2025
$32,230
$391,649
$1,100,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,933
$423,879

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$423,879
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hempstead

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28659 Double Culvert Road | Property Details | No Agent List