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TBD FM 1488

Hempstead, TX 77445
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Sold
Sold
$1,638,001 - $1,888,000
Sold on August 19, 2022
55.95 Lot Acres
Country Homes/Acreage

Sold Transaction

Rendy Elizalde represented the buyer on this sold transaction on 08/19/2022

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Description

This beautiful and well-located 56 acres is perfect for a buy-and-hold, development, or as part of a tax-deferred exchange. The gently rolling land is about 70% open and 30% wooded. The sandy loam soils are well drained, and there is no flood plain present. One pond supplies year-round water to livestock and wildlife, and likely could be developed into a beautiful water feature. Light grazing has left the property in good shape for the cattle tenant. There is approximately 1,500 feet of frontage on FM 1488 and 800 feet on Mayer Rd at the back of the property. The property is perimeter fenced. Electricity is available along the road, water well and septic needed. There is a 138-kV Centerpoint Energy transmission line easement on the property. Sellers own part or all of the mineral estate. Waller ISD. Agricultural tax valuation.

MLS#
37569686
Sold Price Range
$1,638,001 - $1,888,000
Listing Status
Sold
Address
TBD FM 1488
City
Hempstead
State
TX
Zip Code
77445
County
Waller County
Subdivision
N/A
Legal Description
ABS A322700 A-227 JOHN F MARTIN TRACT 7ACRES 55.952
Property Type
Country Homes/Acreage
Land Use
Leisure Ranch
Lot Size
55.95 Lot Acres./Appraisal District
Road Frontage
County Maintained,Farm to Market
Market Area

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$85/2021
Tax Rate
2.0243

Exterior

Private Pool
No
Water Sewer
No Sewer, No Water
Road Surface
Concrete

Lot Information

Lot Size
55.95 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Source

Houston Association of REALTORS
Source last updated Jul 22, 2024 at 07:47 AM
Listing last updated Aug 19, 2022 at 08:46 PM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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