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$187,470

NAL Estimated Property Value

32408 Fm 1488 Road, Hempstead, TX, 77445

Off MarketInfo
Beds— Beds
Baths— Bath
Baths588 Sq Ft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size54.21 acres

Building Information

Year Built2022
Stories1

Land Information

APN322000-004-000-100
SubdivisionA-220 Andrew Mc Stee
Land UseAgriculture / Farming
Legal DescriptionABS A322000 A-220 ANDREW MC STEE TRACT 4 ACRES 54.213
Census Tract680602
Assessed Land Value$53,290
Assessed Improvement Value$134,180
Assessment Year2025

About this property

54+ Gorgeous Acres on high, no flood plain, gentle roll.. Dynamic 1488 growth corridor, close to Waller, Hempstead, Magnolia. 20 minutes to Grand Parkway. Perfect for ranch homestead or future development.

Investor Tools

Property Icon
$187,470
Estimated Property Value
$0Estimated Mortgage Balance
$187,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,960 /month
Positive
Cash Flow Estimate:
$4,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,100
$187,470
2025
$53,290
$134,180
$2,365,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,100
$187,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,470
100%
0%
$0/mo

City: Hempstead

32408 Fm 1488 Road | Property Details | No Agent List