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Back To Listings 0.45 Acres - Two Adjoining Lots - 313' of Paved-Road Frontage - Single-Family Residential Zoning - Cleared & Outside the Flood Zone - Growing Hempstead/Waller County Location - Owner Financing Available

$49,900 • 0.45 Acres +/-

Hempstead, TX • Waller County

Mitchamore Road Hempstead, TX 77445

Listing ID:28176

Posted Aug 21, 2026
Owner Financing Available

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0.45 Acres - Two Adjoining Residential Lots in Hempstead, Texas

Single-Family Residential Zoning | Approx. 313' Paved-Road Frontage | Owner Financing Available

Asking Price: $49,900 (Approximately $111,000 per Acre)

Discover a flexible opportunity to own approximately 0.45 acres inside the City of Hempstead, Texas. Offered together, these two adjoining parcels front paved Mitchamore Road and combine the convenience of an established community with the growth occurring throughout Waller County. With approximately 313 feet of road frontage, the property offers substantially more frontage and flexibility than a typical single city lot.

The combined property is roughly triangular in shape, measuring approximately 275 feet by 155 feet by 313 feet. Both parcels face Mitchamore Road along the approximately 313-foot side. The land is flat and cleared with a few trees, providing a straightforward starting point for a future single-family homesite, a rental residence, or a builder/infill project, subject to City of Hempstead requirements and buyer verification.

The property is zoned Single-Family Residential and is reported to be outside the FEMA Special Flood Hazard Area, with no mapped wetlands identified and no surface water. No known HOA; buyer should independently verify deed restrictions. Nearby homes suggest utility infrastructure is present in the surrounding area; however, buyers must independently confirm the availability, location, capacity, connection costs, and service requirements for electricity, water, sewer, gas, and other utilities.

The asking price is approximately $178,000 per acre. As of August 2026, selected residential-size land listings currently marketed in Hempstead are asking approximately $196,000 to $339,000 per acre.

Hempstead also benefits from a meaningful regional growth story. U.S. Census Bureau Vintage 2025 estimates show Waller County grew approximately 5.7% from July 2024 to July 2025, ranking second nationally among U.S. counties by percentage growth. Major private investment is also underway in the area, including H-E-B's nearly 500-acre, multi-phase Hempstead distribution campus, which includes a planned approximately 510,000-square-foot automated dry-grocery facility.

Hempstead is located at the junction of U.S. Highway 290, State Highway 6, and State Highway 159, providing convenient regional access toward Houston, Brenham and Austin, as well as Navasota and Bryan-College Station. Prairie View and Prairie View A&M University are only a short drive east of Hempstead, while Houston is approximately 50 miles to the southeast.

Owner Financing Available

Owner financing is available for qualified buyers.

Purchase this property for:
$30,000 down and $670 per month for 36 Months
$30,000 down and $533 per month for 48 Months
$30,000 down and $452 per month for 60 Months

Each party will be responsible for its applicable closing costs and agreed transaction expenses. Buyer may also be responsible for applicable documentation, recording, servicing, and other agreed buyer fees. Final financing terms, including interest rate, repayment period, approval requirements, and any servicing arrangement, will be established in a written agreement.

Property Highlights

Two adjoining parcels offered together
Approximately 0.45 acres total
Approximate triangular dimensions: 275 feet x 155 feet x 313 feet
Approximately 313 feet of paved-road frontage on Mitchamore Road
Both parcels front Mitchamore Road
Flat, cleared terrain with a few trees
Located inside the City of Hempstead
Zoned Single-Family Residential
Reported outside the FEMA Special Flood Hazard Area; buyer to verify current mapping
No mapped wetlands identified; buyer to verify
No surface water
No known HOA; buyer should independently verify deed restrictions.
Hempstead Independent School District
Combined annual property taxes currently listed at approximately $1,663.56
Each party responsible for its applicable closing costs
Convenient Regional Location

Approximate driving times and regional access (times vary by route, traffic, and destination):

Prairie View / Prairie View A&M University: approximately 10 minutes
Brenham: approximately 25-30 minutes
College Station: approximately 45-50 minutes
Houston: approximately 50-60 minutes
Access to U.S. Highway 290, State Highway 6, and State Highway 159
Nearby regional destinations include Prairie View A&M University, Washington-on-the-Brazos State Historic Site, historic Brenham and the Blue Bell Creameries visitor center, and the broader Bryan-College Station area.

Property Information

Location: Mitchamore Road, Hempstead, TX 77445
County: Waller County, Texas
City: Hempstead, Texas
Property Type: Vacant Land
Total Acreage: Approximately 0.45 acres
Zoning: Single-Family Residential
School District: Hempstead Independent School District
APN 1: 519000-388-001-000
Legal Description 1: S519000 Hempstead Blk 388 Lot 1 & 2 & NW Corner 3
APN 2: 519000-388-006-000
Legal Description 2: S519000 Hempstead Blk 388 Lot 6 & NW Corner 7

To Locate the Property:
GPS Center Coordinates: 30.09115, -96.09495 (Copy and Paste into Google Maps)
Google Maps Link: Web Link

To Locate the Property:
GPS Center Coordinates: 30.09115, -96.09495 (Copy and Paste into Google Maps)
Google Maps Link: Web Link
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