Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated? Info
Days149Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$695,000

37395 Fm 1488 Road, Hempstead, TX, 77445

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths4,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.88 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesConvection Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesStorage
Lot Size1.42 acres

Building Information

Year Built1999
Stories1
Garage Spaces6

Land Information

APN308600-015-001-100
SubdivisionA-86 Bbbc Rr Co
Land UseCommercial
Legal DescriptionABS A308600 A-86 BBB&C RR CO TRACT 15-1 ACRES 1.417
Census Tract680303
Assessed Land Value$113,360
Assessed Improvement Value$245,240
Assessment Year2025

About this property

GREAT BUSINESS OPPURTUNITY!!!  Includes 1.4 Acres with a Residence and a Shop. Right now it operates as a BOBCAT DEALERSHIP that can be transferred to new owner of this property. This is an outstanding opportunity to live while owning a business with a long withstanding relationship with, Farmers, Caretakers, Formans, and Ranch Hands across South East Texas and Waller County and Montgomery County. Schedule you'r viewing today!

Investor Tools

Property Icon
$688,000
Estimated Property Value
$0Estimated Mortgage Balance
$688,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

Interested in this property?

Nicoletta Barker

Keller Williams Signature

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$669
$358,600
2025
$113,360
$245,240
$358,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$669
$358,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$688,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

37395 Fm 1488 Road | Property Details | No Agent List