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$780,000

TBD Hwy 290 Bus, Hempstead, TX, 77445

On MarketInfo
Baths0 Bath

About this property

Exceptional commercial opportunity offering a full city block totaling 1.66 acres in Hempstead w/ frontage on Bus 290 & access from all four sides providing outstanding visibility flexibility & ease of development. This cleared level build-ready tract offers city utility availability & a highly functional layout suitable for a variety of uses. Positioned near US Hwy 290 in a high-traffic corridor the property benefits from proximity to major regional economic drivers including the new 500-acre H-E-B distribution center & new Mustang CAT headquarters. Significant residential & commercial growth throughout the area continues to fuel demand for retail, service industrial & business development. Waller County remains one of Texas’ fastest-growing regions attracting businesses & residents seeking accessibility & affordability near the Houston mkt. With strong exposure multiple access points & long-term growth surrounding the area this property presents an outstanding development opportunity

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,680 /month
Positive
Cash Flow Estimate:
$1,560 /month

Interested in this property?

Rendy Elizalde

Waller County Land Co.

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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TBD Hwy 290 Bus | Property Details | No Agent List