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.
Lot/land
$2,500,000
48600 Highway 290 Bus, Hempstead, TX 77445
--beds
0baths
11.32Acres
Unimproved Land
Built in 2009
11.32 Acres Lot
$-- Zestimate®
$151/sqft
$-- HOA
What's special
Large stabilized parking lot
- 101 days |
- 68 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Timothy Phelan TREC #0315435 281-723-9656,
Waller County Land Co.
Source: HAR,MLS#: 65787386
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Features
- Flooring: Carpet, Concrete, Tile
Interior area
- Total structure area: 16,592
- Total interior livable area: 16,592 sqft
Property
Lot
- Size: 11.32 Acres
- Features: 10 Up to 15 Acres
- Topography: Rolling
Details
- Parcel number: 304100050001100
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Hempstead
Financial & listing details
- Price per square foot: $151/sqft
- Annual tax amount: $16,560
- Date on market: 3/25/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$909/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $2,500,000$151/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 77445
Nearby schools
GreatSchools rating
- 3/10Hempstead Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 5/10Hempstead Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Hempstead High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Hempstead Elementary School
- Middle: Hempstead Middle School
- High: Hempstead High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Waller County
- Hempstead
- 77445
- 48600 Highway 290 Bus




