Homes for Sale/Waller County/Hempstead/None
Active MLS #65787386 · 182 days on market

48600 Highway 290 Bus

Hempstead, TX 77445
Subdivision  ·  None
List Price
$2.50M
$151/SF · 70.4% below neighborhood median
Baths
0
Sq Ft
16,592
Built
2009
Lot
11.32 ac
Garage
0-car
County
Waller
Tax Rate
0.66%

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

Waller County is the second fastest growing county in the US & fastest in Texas as of early 2026 with a 5.7% population increase per US Census. People are moving to Waller County for more affordable land & housing compared to the core Houston area. This bodes well for a successful business. Exceptional opportunity to own 11.318 unrestricted acres w/2 apartments & 16,520 SF event center, ideal for weddings, private events, entertainment, or commercial ventures. Main room is approx. 80x80 w/open layout, raised stage, 17 ft ceilings & concession area. The venue includes elegant finishes, his & hers restrooms, abundant ceiling fans, & thoughtfully designed layout. Ample air & heat w/abundant lighting throughout to create an inviting atmosphere. Additional interior spaces include 24x38 meeting room & 24x27 room . Two on-site apartments provide convenient living quarters for owners, staff, or guests. Large stabilized parking lot. 7.8 AC w/wildlife exemption. Excess land for expansion.

Features

§ 02

Interior

  • Ceiling Fans
  • Carpet
  • Concrete
  • Tile
  • Heat: Central
  • Heat: Electric
  • Cool: Central Air
  • Cool: Electric

Exterior & lot

  • Rolling Slope
  • Foundation: Slab

Community

  • Style: Spanish

Property Details

§ 03 · Full MLS record

Property

Property Type Land
Architectural Style Spanish
Year Built 2009
Year Built Source PublicRecords
New Construction No

Building

Living Area 16,592 sq ft
Living Area Source Appraiser
Building Area Total 16,592 sq ft
Foundation Slab

Rooms & Baths

Bathrooms (total) 0

Interior

Interior Features Ceiling Fans
Flooring Carpet, Concrete, Tile

Exterior

Pool Private No

Parking & Garage

Garage Spaces 0

Lot

Lot Size (acres) 11.3180
Lot Size Source Appraiser
Lot Features Rolling Slope

Location

County Waller
MLS Area Major 26
MLS Area Minor Hempstead
Subdivision None
Road Surface Asphalt
Postal Code 77445

Utilities

Heating Central, Electric
Cooling Central Air, Electric
Water Source Well
Sewer Septic Tank

Taxes, Terms & Disclosures

Tax Annual Amount $16,560
Tax Year 2025
Tax Rate (est.) 0.66%
Parcel # 304100-050-001-100
Legal Description ABS A304100 A-41 JUSTO LIENDO TRACT 50-1 ACRES 11.318
Listing Terms Cash, Conventional
Lease Considered No
Disclosures None

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
$16,392
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$15,012 Property tax$1,380 Homeowners insuranceTBD
Subtotal (P&I + Tax) $16,392

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
MONTHLY
Association nameAlliance Properties Management co. Websitevisit Phone(281) 328-8700 Cert on filemls-trestle
● Community amenities
park
· 0.3mi
· 0.3mi
Lakewood Park · 0.4mi
restaurant
Church's Chicken · 0.3mi
Popeyes · 0.5mi
Chuy's · 0.9mi
place_of_worship
Greenspoint Baptist Church · 0.4mi
Houston Northwest Baptist Church · 0.7mi
Iglesia Jesus El Gran Yo Soy · 0.7mi
grocery
Pitstop · 0.5mi
· 0.5mi
Checkout · 1.0mi
pharmacy
Walgreens · 0.6mi
CVS Pharmacy · 0.9mi
Walgreens · 1.9mi
daycare
Pine's Learning Center · 0.7mi
Shining Stars · 1.1mi
Target · 1.2mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
100,000 Mbps
Fiber available · cable ok
Fiber to the Premises
Ezee Fiber
8,000 / 8,000 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
Licensed Fixed Wireless
Nextlink
1,000 / 500 Mbps
● LOW LATENCY
Fiber to the Premises
Xfinity
1,000 / 1,000 Mbps
● LOW LATENCY
Coaxial Cable
Sparklight
1,000 / 50 Mbps
● LOW LATENCY
Unlicensed Fixed Wireless
Nextlink
800 / 400 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
71 days/yr above 95°F
Plus 20 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
8 comparable sales nearby · sold median $509/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
None
TIER: SUBDIVISION
Subdivision name (MLS)None City · ZIPHuntsville · 77445 CountyWaller Listings in subdivision13,334 Active now535 Sold (last 12 mo)408 Curated amenities60
● Year-built distribution
1950s 2 1955s 4 1960s 6 1965s 5 1970s 11 1975s 16 1980s 19 1985s 9 1990s 12 1995s 21 2000s 27 2005s 14 2010s 16 2015s 23 2020s 22 2025s 5

Fire Protection

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

Neighborhood Demographics

§ 12 · Census tract 48473680501 · ACS 2023
Median HH income
$58,335
ACS 2023
Median home value
$221,100
Census self-report
Owner-occupied
37%
1,994 housing units
Bachelor's+
12%
Adults 25+
Median age
31.2
Population 5,113
Work from home
3%
of commuters
Commute 45min+
12%
of commuters
Below poverty
14.4%
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
48600 Highway 290 Bus, Hempstead, TX 77445
Waller County · 30.09°N, 96.05°W
park
0.3 mi · 10 within 2 mi
restaurant
Church's Chicken
0.3 mi · 5 within 2 mi
place_of_worship
Greenspoint Baptist Church
0.4 mi · 3 within 2 mi
grocery
Pitstop
0.5 mi · 2 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Mar 25, 2026 Listed $2.50M Timothy Phelan
Dec 31, 2008 Built
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Timothy Phelan · Waller County Land Co.
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 May 6, 2026.
MLS# 65787386 · LIST DATE: Mar 25, 2026 · PARCEL: 304100-050-001-100
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, 11:00 PM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity