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$4,500,000

29233 Highway 6, Hempstead, TX, 77445

On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,200 Sq Ft
Year BuiltBuilt in 1998

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3.37 acres

Building Information

Year Built1998

Land Information

APN301500-004-003-100
SubdivisionA-15 Mc Lin Bracey
Land UseComm Land W/ Imps
Legal DescriptionABS A301500 A-15 MC LIN BRACEY TRACT 4-3 HUD# TRA300644; HUD# HWC0407896; ACRES 3.37 P/O 7.91 AC P/O 7.91 AC
Census Tract680502
Assessed Land Value$321,040
Assessed Improvement Value$452,900
Assessment Year2025

About this property

Approximately 7.87 unrestricted acres with approximately 670 feet of frontage along Highway 6. The property is improved with a commercial metal building constructed in 1998 featuring a covered front porch, multiple office/showroom areas, warehouse space, and service areas. Additional improvements include a gravel drive, ample parking, and a pond near the highway frontage. The acreage is primarily open with scattered mature trees and gently rolling terrain, providing usable space for equipment storage, expansion, or a variety of commercial and investment uses. The rear portion of the property is mostly open pasture with an interior access drive extending through the tract. High-visibility location between Hempstead and Navasota with excellent access and exposure along Highway 6. Existing improvements provide flexibility for continued commercial use or future redevelopment. Storage sheds and shipping containers do not convey and are available for purchase separately. Survey available.

Investor Tools

$0Estimated Mortgage Balance
$773,940Estimated 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 Properties Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$773,940
2025
$321,040
$452,900
$773,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$773,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$773,940
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.

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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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29233 Highway 6 | Property Details | No Agent List