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$7,790

41224 Kelley Rd, Hempstead, TX, 77445

Off MarketInfo
Baths0 Bath
Single Family ResidenceSingle Family Residence

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size34.18 acres

Land Information

APN313700-007-009-100
SubdivisionA-137 Peter Harper
Land UseAgriculture / Farming
Legal DescriptionABS A313700 A-137 PETER HARPER TRACT 7-9 (W-9) ACRES 34.1812
Census Tract680502
Assessed Land Value$7,790
Assessment Year2025

About this property

Unrestricted and ag exempt for improved pasture land, this property is a blank canvas upon which you can create your own dream home or business in the country. This 31-acre grassland property, complete with a pond and scattering of mature trees is the perfect site for whatever your heart desires. Wake up in the mornings to the sounds of native birds joining in melodious choruses and watch evening sunsets to the accompaniment of the distinctive songs of cicadas as they call in the light of day. Its location in upper Waller County just off Hwy 6 offers you the beauty of a country atmosphere coupled with the convenience of nearby corridors for traveling to North Texas destinations as well as east or west via US 290. Contact us today for an appointment. This property is being split into two tracts so there is a 3 acres to the west that is available. The video attached reflects the whole tract.

Investor Tools

Property Icon
$7,790
Estimated Property Value
$550,700Estimated Mortgage Balance
$0Estimated Equity
-6969% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,897 /month
Positive
Cash Flow Estimate:
$1,299 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$14/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$126
$7,790
2025
$7,790
N/A
$960,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$126
$7,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Unknown
$550,700
No
First
Jun 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,061
N/A
0%
6406%
$3,302/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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41224 Kelley Rd | Property Details | No Agent List