Homes for Sale/Waller County/Hempstead/Deerwood North 1
Active MLS #98684019 · 97 days on market

0 Highland Drive

Hempstead, TX 77431
Subdivision  ·  Deerwood North 1
List Price
$40,000
Baths
0
Lot
0.45 ac
County
Waller
Tax Rate
0.44%

Schools

§ 03
District
Elementary HEMPSTEAD EL D
Middle HEMPSTEAD MIDDLE C
High HEMPSTEAD H S CCMR 79% · Grad 96% C
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

Prime opportunity in a gated, access-controlled community just minutes from Hwy 290. These TWO lots offer privacy today with major upside tomorrow as the 290 corridor continues rapid expansion. Surrounded by some of the area’s newest and most sought-after master-planned developments and growing commercial/industrial investment, this location sits in the direct path of growth. Ideal for a future homesite, multi-generational setup, or a strategic buy-and-hold as Waller County evolves into one of Houston’s fastest-rising suburban markets. Special permission is required to enter the neighborhood, ensuring added security and minimal traffic. A rare chance to secure land in a quiet rural setting with the benefits of major development and amenities on the horizon. Nearby projects such as Beacon Hill, Attwater, and Lakeview are transforming the Hempstead/290 corridor with new homes, retail, parks, and infrastructure. Opportunities like these are becoming increasingly limited.

Features

§ 02

Interior

Not provided

Exterior & lot

  • Wooded

Community

Not provided

Property Details

§ 03 · Full MLS record

Property

Property Type Land

Rooms & Baths

Bathrooms (total) 0

Lot

Lot Size (acres) 0.4500
Lot Size Source Appraiser
Lot Features Wooded

Location

County Waller
MLS Area Major 26
MLS Area Minor Hempstead
Subdivision Deerwood North 1
Postal Code 77431

Utilities

Water Source Other
Sewer Other

HOA / Association

HOA Yes
HOA Fee $350
HOA Fee Frequency Annually
HOA Name Deerwood HOA

Taxes, Terms & Disclosures

Tax Annual Amount $176
Tax Year 2025
Tax Rate (est.) 0.44%
Parcel # 458100-004-044-000
Legal Description S458100 DEERWOOD NORTH 1 BLK 4 LOT 44 & 46
Listing Terms Cash, Conventional, Investor Financing, Texas Vet, Usda Loan
Disclosures Other

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$255
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$240 Property tax$15 Homeowners insuranceTBD
Subtotal (P&I + Tax) $255
Yearly HOA fee $350

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
202320242025
MUD
→ stable
School
1.08%
→ stable
City
→ stable
County
0.56%
→ stable

HOA & Community

§ 05
● HOA details
$350
ANNUALLY
Association nameDeerwood HOA Management co. Website Phone Cert on filepending
● Community amenities
place_of_worship
Center Hill Church · 1.7mi
grocery
Fuel Maxx · 2.1mi
gas_station
Chevron · 2.1mi
pharmacy
Brookshire Brothers Pharmacy · 8.0mi
hospital_er
CHI Saint Joseph Health Grimes Hospital · 13.2mi
hospital
CHI Saint Joseph Health Grimes Hospital · 13.2mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
5,000 Mbps
Fiber available · cable ok
Fiber to the Premises
MidSouth Fiber Internet
5,000 / 5,000 Mbps
● LOW LATENCY
Fiber to the Premises
AT&T
5,000 / 5,000 Mbps
● LOW LATENCY
Fiber to the Premises
Nextlink
2,000 / 2,000 Mbps
● LOW LATENCY
Fiber to the Premises
Xfinity
2,000 / 1,000 Mbps
● LOW LATENCY
Coaxial Cable
Sparklight
1,000 / 50 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Nextlink
800 / 400 Mbps
● LOW LATENCY
Unlicensed Fixed Wireless
Nextlink
500 / 200 Mbps
● LOW LATENCY
Unlicensed Fixed Wireless
Rise Broadband
400 / 80 Mbps
● LOW LATENCY
+ 7 additional provider(s)

Environmental Risk

§ 08
X
FEMA Zone
Zone X · Minimal risk
Outside 100-year and 500-year floodplains. No flood insurance required by lender.
PANEL 48473C SFHA NO SOURCE 48473C_FIRM1
🌡 Heat days >95°F
72 days/yr above 95°F
Plus 24 days above 100°F. NOAA station records, 2016-2025 average.
🌵 Drought (current)
No drought (D1 or worse)
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
1 comparable sale nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Deerwood North 1
TIER: SUBDIVISION
Subdivision name (MLS)Deerwood North 1 City · ZIPHempstead · 77445 CountyWaller Listings in subdivision18 Active now2 Sold (last 12 mo)0 Curated amenities7
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Rollling Hills Volunteer Fire Department
· Hempstead
Distance
2.8 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48473680502 · ACS 2023
Median HH income
$73,940
ACS 2023
Median home value
$266,100
Census self-report
Owner-occupied
89%
1,429 housing units
Bachelor's+
16%
Adults 25+
Median age
38.4
Population 4,526
Work from home
6%
of commuters
Commute 45min+
12%
of commuters
Below poverty
7.9%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
0 Highland Drive, Hempstead, TX 77431
Waller County · 30.21°N, 96.02°W
place_of_worship
Center Hill Church
1.7 mi · 1 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Jun 18, 2026 Listed $40,000 Natalia Vargas
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Natalia Vargas · RE/MAX Universal
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Jun 30, 2026.
MLS# 98684019 · LIST DATE: Jun 18, 2026 · PARCEL: 458100-004-044-000
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 23, 2026, 10:44 PM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity