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34855 FM 1488 Rd - 34855 FM 1488 4.47 Acres of Commercial Land Offered at $790,000 in Hempstead, TX 77445



Investment Highlights
- Prime frontage on major thoroughfare
- Commercial opportunity
- Turnkey rental
Executive Summary
Property Facts
| Price | $790,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 4.47 AC |
| Zoning | Residential | ||
| Price | $790,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.47 AC |
| Zoning | Residential |
1 Lot Available
Lot
| Price | $790,000 | Lot Size | 4.47 AC |
| Price Per AC | $176,733.78 |
| Price | $790,000 |
| Price Per AC | $176,733.78 |
| Lot Size | 4.47 AC |
Welcome to an exceptional 4.5+acre Hempstead estate designed for the equestrian or livestock owner, where modern comfort meets wide-open Texas living.
Description
This offering presents an attractive 4.47-acre property along FM 1488, combining excellent frontage with versatile development potential. Currently improved with a newly constructed farmhouse and extensive livestock facilities, the site offers multiple paths for value creation. The residence consists of a well-designed 3-bedroom, 2-bath home with high-end finishes, including quartz and granite counters, stainless-steel appliances, and luxury vinyl flooring. The primary suite is equipped with dual walk-in closets and an upgraded bath. For agricultural, equestrian, or income-producing rental use, the property is ready with an eight-stall barn and a fully climate-controlled auxiliary building featuring additional living quarters. Investors and developers will note the rare opportunity for potential rezoning and commercial application given its FM 1488 frontage, making it ideally positioned for future retail, service, or mixed-use concepts. Exceptional drivability connectivity enhances its long-term upside and strategic viability for various build-out visions.
Property Taxes
| Parcel Number | 208639 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $351,138 |
Property Taxes
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34855 FM 1488 Rd - 34855 FM 1488
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