Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00.
Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development.
Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants.
Additional SqFt upstairs.
Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View.
Property Highlights:
• 4 income-producing units possible expansion of two more.
• Gross income $7,500 monthly which includes utilities
• Close to Prairie View A&M University
• Easy access to Highway 290
For sale
Price cut: $15K (9/1)
$635,000
44537 Old Houston Hwy, Hempstead, TX 77445
--beds
0baths
3,808sqft
Quadruplex
Built in 2014
-- sqft lot
$613,000 Zestimate®
$167/sqft
$-- HOA
What's special
- 162 days
- 67
- 4
Zillow last checked:
Listing updated:
Listed by:
Colt Haack TREC #0393187 281-330-0994,
Coldwell Banker Properties
Source: HAR,MLS#: 85926474
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Interior area
- Total structure area: 3,808
- Total interior livable area: 3,808 sqft
Property
Features
- Stories: 1
Lot
- Size: 0.43 Acres
- Features: Cleared
Details
- Parcel number: 532900000001000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Judith Daniels Lot 1
Location
- Region: Hempstead
Financial & listing details
- Price per square foot: $167/sqft
- Annual tax amount: $12,988
- Date on market: 3/31/2026
- Lease term: 1 Year
Estimated market value
$613,000
$582,000 - $644,000
$1,342/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $635,000-2.3%$167/sqft |
Source: | ||
| 8/27/2026 | Listing removed | $1,050 |
Source: | ||
| 7/28/2026 | Listed for rent | $1,050 |
Source: | ||
| 7/15/2026 | Price change | $650,000-6.5%$171/sqft |
Source: | ||
| 3/31/2026 | Listed for sale | $695,000$183/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77445
Nearby schools
Schools provided by the listing agent
- Elementary: H T Jones Elementary School
- Middle: Waller Junior High School
- High: Waller High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




