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$530,000

NAL Estimated Property Value

29040 East Lake, Hempstead, TX, 77445

Off Market

3 Beds

2 Bath

1,966 Sq Ft

Single Family Residence

$269.58 / sqft

Built in 1983

Highlights

Interior

Bedrooms 3

Bathrooms 2

AppliancesElectric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Building Information

Garage Spaces2

About this property

Discover peaceful country living on a beautiful 2.12-acre corner lot in Waller County! This well-maintained property is surrounded by white wood fencing featuring 20 new heirloom trees (some already bearing), a spacious chicken coop, a dirt-floor metal shed, three gated entrances, with an animal friendly subdivision. Its scattered trees create a serene, private setting, within Lynnwood Lakes. Per sellers, SHORT TERM LEASING IS ALLOWED...Buyers to verify! Inside, you’ll find a lovingly cared-for home including 3 bedrooms and 2 bathrooms plus a tiled sun room with indoor and outdoor access. Updates include reclaimed Texas barnwood floors, PEX plumbing, Low-E windows, 2023 roof and a stunning limestone fireplace. Enjoy morning coffee or an evening cocktail on the back patio overlooking the acreage. In addition, an oversized 30x24 detached garage offers ample space for vehicles, storage, or hobbies. With light deed restrictions, this property offers a multitude of uses.

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,180 /month

Positive

Cash Flow Estimate:

$1,060 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$X/month

$300/month

5.947%

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.

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