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Days256Days on Market
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$70,000

$80,000

38417 Park View Dr, Hempstead, TX, 77445

On MarketInfo
Price DropInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size16,291 sqft

Land Information

APN455500-013-010-000
Lot Number10-11
SubdivisionDeerwood Lakes 5
Land UseResidential
Legal DescriptionS455500 DEERWOOD LAKES 5 BLK 13 LOT 10 & 11
Census Tract680502
Assessed Land Value$30,270
Assessment Year2025

About this property

Price Reduced over 30K!!!! Cleared Lots in a Rural Country Subdivision in Waller ISD School District. Ready to build your dream home on two lots located on the corner. Great location to all the Amenities. These lots are walking distance to the pool, court, and playground. Including 4 Fishing Lakes, and a Beautiful Community Pool. Far Enough to feel like Country, with Just a Short Drive into Town. NO MOBILE HOMES ALLOWED, no Minerals, and Buyer will need a Survey. Deed Restrictions are Available Online. POA does not own or Maintain the Roads. Water Lines and Electric are in the Area, No Public Sewer, buyer will need a septic system. A country setting just 30 minutes from downtown Waller, Prairie View, Hempstead, Navasota and Magnolia. Availability of Utilities and Waller County Building for Septic or Construction Should be Verified prior to Purchase. You can buy these two lots together or separate the corner lot at 45K and the lot beside it for 35k . Great Investment Property!

Investor Tools

Property Icon
$79,000
Estimated Property Value
$0Estimated Mortgage Balance
$79,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$474 /month
Positive
Cash Flow Estimate:
$158 /month

Interested in this property?

Amber Crosier

Crystal Fife Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$45/month
$145/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$148
$30,270
2025
$30,270
N/A
$30,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$148
$30,270

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$79,000
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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38417 Park View Dr | Property Details | No Agent List