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906 Rice St - 906 Rice St - 18,706 Square Feet 0.43 Acres of Commercial Land Offered at $420,000 in Hempstead, TX 77445
Investment Highlights
- lot size supports multiple design layouts, parking, and outdoor space — which increases both usability and resale appeal.
- Investor Hold Opportunity
- Lot located in a growing coorider
Executive Summary
Address: 906 Rice Street, Hempstead, TX 77445
Lot Size: ±18,750 square feet
THE OLD HOUSE IS A TEAR DOWN
Zoning: Unrestricted / flexible development options (within city limits)
Location: Near US Highway 290 and local retail/service corridors in Hempstead, TX
This strategically positioned property offers high visibility and flexible use within the heart of Hempstead — a community with small-town appeal and convenient access to major regional outlets.
18,750 Sq Ft Development Lot | Prime In-Town Opportunity
906 Rice Street is best positioned as a “blank-canvas opportunity site” in the heart of Hempstead — ideal for buyers who want flexibility, visibility, and long-term upside.
This is not just a vacant lot.
It can be develop into an income producing property, business location, or investment hold in a growing Waller County market. Best Use of the Property
Based on size, location, and market demand, the strongest best-use categories are:
Small Commercial / Mixed Use Development
Office, retail shop, salon, or service business
Live/work concept (business front, residence behind)
Investor Hold
Land banking in a growing corridor
Future redevelopment as Hempstead expands along Hwy 290
The lot size supports multiple design layouts, parking, and outdoor space — which increases both usability and resale appeal.
Lot Size: ±18,750 square feet
THE OLD HOUSE IS A TEAR DOWN
Zoning: Unrestricted / flexible development options (within city limits)
Location: Near US Highway 290 and local retail/service corridors in Hempstead, TX
This strategically positioned property offers high visibility and flexible use within the heart of Hempstead — a community with small-town appeal and convenient access to major regional outlets.
18,750 Sq Ft Development Lot | Prime In-Town Opportunity
906 Rice Street is best positioned as a “blank-canvas opportunity site” in the heart of Hempstead — ideal for buyers who want flexibility, visibility, and long-term upside.
This is not just a vacant lot.
It can be develop into an income producing property, business location, or investment hold in a growing Waller County market. Best Use of the Property
Based on size, location, and market demand, the strongest best-use categories are:
Small Commercial / Mixed Use Development
Office, retail shop, salon, or service business
Live/work concept (business front, residence behind)
Investor Hold
Land banking in a growing corridor
Future redevelopment as Hempstead expands along Hwy 290
The lot size supports multiple design layouts, parking, and outdoor space — which increases both usability and resale appeal.
Property Facts
| Price | $420,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CBD - Central Business District | ||
| Price | $420,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.43 AC |
| Opportunity Zone |
Yes |
| Zoning | CBD - Central Business District |
1 Lot Available
Lot 8-10
| Price | $420,000 | Lot Size | 0.43 AC |
| Price Per AC | $978,038.38 |
| Price | $420,000 |
| Price Per AC | $978,038.38 |
| Lot Size | 0.43 AC |
Unrestricted Lot for Sale | 18,706 SF Land Value Only Excellent opportunity to acquire an 18,706 square foot unrestricted lot located within the city limits of Hempstead, Texas
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906 Rice St - 906 Rice St - 18,706 Square Feet
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