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40698 Fm-2979

Hempstead, TX 77445
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For Sale
Active
$299,000 9.39%
Est. Mortgage 1,481/month
mortgage calculator Currency converter
Price Reduction
Last reduced: Apr. 4th, 2026
Reduction of
- $31,000 (9.39%)
Previous Price
$330,000
2 Bedroom(s)
1 Full Bath(s)
1,230 Sqft
2.05 Lot Acres
Single-Family
130 Day(s) on Market

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Description

Opportunity awaits on 3.03 unrestricted acres in Hempstead! Suitable for commercial or residential use, this property offers flexibility for a variety of needs. Improvements include a 2-bedroom, 1-bath home and a storage shed. Whether you’re looking to invest, establish a business, or create your own space, this property provides a versatile foundation.

Survey T-47 Lead Based Paint Disclosure
MLS#
21356740
List Price
$299,000
Price Reduction
Last reduced: Apr. 4th, 2026
Reduction of
- $31,000 (9.39%)
Previous Price
$330,000
($243/Sqft.)
Listing Status
For Sale
Address
40698 Fm-2979
City
Hempstead
State
TX
Zip Code
77445
County
Waller County
Subdivision
N/A
Legal Description
ABS A301200 A-12 JAMES BELL TRACT 57-1 ACRES 2.0535 P/O 3.30
Property Type
Single-Family
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Building Size
1,230 Sqft/Appraisal District
Architecture Style
Traditional
Year Built
1948 /Appraisal District
Lot Size
2.05 Lot Acres/Appraisal District
LP / Acre
$145,605 / Acre
Market Area
Hempstead

Property Map

Street View
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Rooms

Living
1st
Dining
1st
Kitchen
1st
Primary Bedroom
15 x 16, 1st
Bedroom
12 x 12, 1st
Bath
1st
Utility Room Desc
1st

Exterior

Roof
Composition
Foundation
Block & Beam
Private Pool
No
Exterior Type
Aluminum, Wood
Lot Description
Cleared
Water Sewer
Aerobic, Public Water, Septic Tank

Extra details you may need to know

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease

Financial information

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$3,739/2025
Tax Rate
1.5363

Interior

Bathroom Description
Primary Bath: Double Sinks, Primary Bath: Tub/Shower Combo
Cooling
Central Electric
Heating
Central Electric

Lot Information

Lot Size
2.05 Lot Acres /Appraisal District
Street View Map View Satellite View
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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
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Listing Broker

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Information source

Houston Association of REALTORS®
Source last updated May 03, 2026 at 05:46 PM
Listing last updated Apr 04, 2026 at 02:36 AM
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Know the property tax history and market value

Cost/Sqft based on tax value

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Estimate your mortgage payments

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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Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

Elementary School

Hempstead Elementary School

Start FullStart FullStar EmptyStar EmptyStar Empty
D
Below Average
Details
Middle School

Hempstead Middle School

Start FullStart FullStart FullStar EmptyStar Empty
C
Average
Medal
Details
High School

Hempstead High School

Start FullStart FullStart FullStar EmptyStar Empty
C
Average
Details

View nearby schools view nearby schools
Notice & Disclaimer
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.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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