$960,882
$86K PRICE DROP

24594 Farm To Market 362 Hempstead, TX 77445

Hockley Neighborhood

Estimated payment $6,025/month

Total Views 377
24.64 Acres
$38,997 Price per Acre
1,073,318 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Pond
  • 2 Stock Tanks or Ponds

About This Lot

Prime 24.638 Acres on FM 362 Exceptional Location & Versatile Property

This expansive 24.638-acre property is ideally situated just 5 minutes north of Hwy 290, offering easy access and a highly desirable location for a variety of uses. With no restrictions and no flood plain, this property is an excellent opportunity for buyers seeking a versatile investment.

Property Features:

Size & Location: 24.638 acres (more or less) on FM 362, conveniently located in the rapidly growing area between Waller and Harris Counties. Approximately the front 1/3 of the property lies in Waller County, while the rear portion is in Harris County.

Water Features: Two ponds (one large, one small), with ample opportunity to expand and create a sizable, single pond. The ponds are perfect for recreational use, livestock, or adding aesthetic value to the property.

Improvements: The property includes a large, fully-lighted pipe arena (160' x 317') situated in the northwest cornerideal for equestrian use, events, or agricultural activities.

Fencing & Cross Fencing: Fully fenced and equipped with several cross fences, allowing for easy management of livestock or other agricultural uses.

Agricultural Exemption: Currently used as an improved hay field, this property enjoys the benefits of an agricultural exemption, offering significant savings on property taxes.

Expansion Potential: The property has substantial room for growth or development. The proposed FM 1488 realignment and widening plan shows the route going through the southeastern corner of the propertyopening up possibilities for future commercial or residential development (see map and documents for details).

Whether you're looking to create a private estate, develop a business, or continue agricultural operations, this property offers a unique blend of natural beauty, functional improvements, and growth potential in one of the area's most sought-after locations.

Listing Agent

Waller Company

Waller County Land Company License #315435 Listed on: 04/07/2025

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Barbed Wire
  • Few Trees
  • Current uses include agriculture
  • Potential uses include agriculture, commercial, grazing, homestead

Additional Features

  • Pond
  • 2 Stock Tanks or Ponds
  • Horses Allowed On Property

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 979-493-5599
  • Listing Website: https://www.land.com/property/24594-fm-362-hempstead-texas-77445/23126674/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, Grazing, Homestead
  • Number of Stock Tanks: 2-5
  • Number of Ponds: 2-5
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True
  • Road Description: Asphalt, FM Road
  • Fencing: Barbed Wire

Lot Info

  • Current Use: Agriculture
  • Lot Description: Acreage, Horses Permitted, Some Trees, Tank/Pond

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Price Changed $960,882 -8.2% --
04/07/2025 04/07/25 For Sale $1,047,115 -- --