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Days236Days on Market
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$600,000

33083 Fm 1736 Road, Hempstead, TX, 77445

On MarketInfo
Baths0 Bath
Baths720 Sq Ft
price_per_sqft$833.33 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size7.65 acres

Building Information

Garage Spaces2

Land Information

APN623900-001-005-000
Lot Number1-5
SubdivisionNine Bar West
Land UseAgriculture / Farming
Legal DescriptionS623900 NINE BAR WEST LOT 1-5 ACRES 7.652
Census Tract680502
Assessed Land Value$415,470
Assessed Improvement Value$18,000
Assessment Year2025

About this property

Two adjoining tracts totaling +/- 15.30 acres in the Nine Bar West community of Waller County, offering a versatile blend of open, usable land & improved ranch features. A recent topographic survey reflects predominantly level terrain with gentle elevation changes, supporting multiple potential building sites & flexible property layout. The property is mostly cleared & fully fenced, with an existing barn, pond, electricity on site & access to G&W water. The natural contours & drainage patterns shown on the survey enhance usability while maintaining the rural character of the land. Deed restrictions apply—no mobile homes/RVs permitted. Conveniently located off FM 1736 & Legacy Lane, with easy access to Highway 6 and Highway 290, allowing travel to Hempstead, Brenham, College Station, and Houston. The current owner has maintained an agricultural affidavit for two years, allowing eligibility for an ag exemption in the sixth year. Build-ready acreage with room to grow.

Investor Tools

$222,397Estimated Mortgage Balance
$371,603Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /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
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$433,470
2025
$415,470
$18,000
$433,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$433,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Purchase Money Mortgage
$233,750
No
First
Oct 5, 2023
Nov 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,397
$371,603
62%
37%
$1,402/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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33083 Fm 1736 Road | Property Details | No Agent List