Commercial Land
Highway 290 Hempstead, TX 77445

Details & Description

Price: $7,800,000

Highlights Contiguous Tracts Totaling Approx. 329 Acres Outstanding Development or Investment Opportunity in Rapidly Expanding Hempstead Texas Excellent Location on High Commute Corridor *Tract 2: ±160 Acres - $30,000 Per Acre REDUCED Total Price for both Tracts: $7,800,000.00 ($23,700 Per Acre) Great Visibility on Hwy. 290 & FM 1488, with over a mile of frontage on US-290 Average Traffic of over 48,000 Vehicles Per Day on Hwy 290 & over 17,000 Vehicles Per Day on Hwy 6 Located Adjacent to Former Lawrence Marshall Dealership at Hwy. 290 & Hwy. 6 Situated in Waller County & Hempstead ISD Owner Willing to Divide, Please Call Broker For More Information Total Tax Rate for 2019: $2.56 Per $100 of Assessed ValueDescriptionPrice Reduced!!! Excellent visibility on Highway 290 and FM 1488. Located adjacent to former Lawrence Marshall Dealership at Highway 290/Highway 6. Owner willing to divide.LocationLocated Adjacent to Former Lawrence Marshall Dealership at Hwy. 290 and Hwy. 6

Property ID: 169495
Property URL: melqr.com/169495
Generated: 04-28-24

Additional Photos

Listing Agents

Joel English

O: 713-473-7200
joel@texascres.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Commercial Land / Texas / Hempstead / 77445 / Highway 290

Highway 290

Hempstead, TX 77445

No Longer Listed

Highway 290 | for Sale | Thumbnail 1

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Price

$ /mo

Description

Highlights

Contiguous Tracts Totaling Approx. 329 Acres
Outstanding Development or Investment Opportunity in Rapidly Expanding Hempstead Texas
Excellent Location on High Commute Corridor
*Tract 2: ±160 Acres - $30,000 Per Acre
REDUCED Total Price for both Tracts: $7,800,000.00 ($23,700 Per Acre)
Great Visibility on Hwy. 290 & FM 1488, with over a mile of frontage on US-290

Average Traffic of over 48,000 Vehicles Per Day on Hwy 290 & over 17,000 Vehicles Per Day on Hwy 6
Located Adjacent to Former Lawrence Marshall Dealership at Hwy. 290 & Hwy. 6
Situated in Waller County & Hempstead ISD
Owner Willing to Divide, Please Call Broker For More Information
Total Tax Rate for 2019: $2.56 Per $100 of Assessed Value

Description
Price Reduced!!! Excellent visibility on Highway 290 and FM 1488. Located adjacent to former Lawrence Marshall Dealership at Highway 290/Highway 6. Owner willing to divide.

Location
Located Adjacent to Former Lawrence Marshall Dealership at Hwy. 290 and Hwy. 6

Attachments & Files

salebrochure-61-1-OjD.pdf

salebrochure-62-OQ1.pdf

Listing Demographics for Highway 290 Hempstead, TX 77445

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,413	4,429	10,839
Population Median Age		39	35	31
Population by Age	0-9 Yrs	153 (10%)	653 (14%)	1441 (13%)
	10-19 Yrs	120 (8%)	495 (11%)	2360 (21%)
	20-29 Yrs	303 (21%)	1002 (22%)	2919 (26%)
	30-39 Yrs	194 (13%)	522 (11%)	930 (8%)
	40-49 Yrs	160 (11%)	426 (9%)	755 (6%)
	50-59 Yrs	154 (10%)	447 (10%)	834 (7%)
	60-69 Yrs	236 (16%)	597 (13%)	1030 (9%)
	70+ Yrs	93 (6%)	287 (6%)	570 (5%)

Median HH Income		$35,038	$38,137	$40,394
Total Household Income	< 24K	238 (46%)	582 (37%)	990 (33%)
	25-49K	70 (13%)	321 (20%)	735 (24%)
	50-74K	113 (21%)	317 (20%)	581 (19%)
	75-99K	61 (11%)	161 (10%)	289 (9%)
	100-199K	33 (6%)	130 (8%)	284 (9%)
	200K+	1 (0%)	24 (1%)	67 (2%)

Highest Education Level	No Diploma	389	840	1248
	Diploma or GED	252	817	1613
	Some College	242	651	1181
	Assoc. Degree	21	59	109
	Bachelors Degree	124	332	586
	Higher Degree	9	77	231

Total Housing Units		602	1,795	3,489
--Owner-Occupied		161	618	1,340
--Renter-Occupied		355	916	1,607
Owner-Occupied Values	< 100K	74	254	526
	100-199K	83	241	448
	200-299K	1	60	175
	300-399K	1	24	67
	400-499K	1	11	30
	500K+	1	28	93

Total Working Age Population		1,164	3,404	8,619
In Work Force		712	2,172	5,015
Not In Work Force		452	1,232	3,604
Workforce Employed		640	1,997	4,524
Workforce Unemployed		72	175	490
Civlian Workforce		712	2,172	5,014
Military Workforce		0	0	1

Total Households		516	1,534	2,947
Family Households		368	1,063	1,997
Non-Family Households		148	471	950
Married Couple		250	744	1,408
Other Family		119	319	589
Married w/Child		59	239	515
Single Male w/Child		19	40	56
Single Female w/Child		3	84	252

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Waller County	32,663	+32	43,205	+17	50,731	+16	59,021

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for Highway 290 in Hempstead?

The asking price for Highway 290 is $7,800,000

How much land does the Hempstead, TX property at Highway 290 include?

Highway 290 in Hempstead includes 329.400 acres of land

What is the population within 1 mile of Highway 290 in Hempstead?

The population within 1 mile of Highway 290 Hempstead, TX 77445 is 1,413 people.

Who do I contact for questions about Highway 290?

You should contact the listing agent, Joel English, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
FM 1488 and HWY 290, Hempstead, TX	CALL	-	1.75
23200 Highway 6, Hempstead, TX	$875,000	-	20.31
5th St, Hempstead, TX	$1,400,000	-	100
35625 Owens Road, Hempstead, TX	$6,134,990	-	40.24
US 290 ear FM 362, Waller, TX	CALL	-	78
Highway 290, Chappell Hill, TX	CALL	-	473
0 Highway 290 Business, Waller, TX	$22,683,434	-	173.58
Clark Bottom Rd, Hempstead, TX	$2,344,000	-	293
Highway 290 nd Highway 290 Business West of FM 362, Waller, TX	CALL	-	140.62
20727 Farm to Market 362, Waller, TX	$12,000,000	-	39.2

Closest Commercial Airports

Airport	Distance (mi)
George Bush Intercontinental Houston Airport (IAH)	44
William P Hobby Airport (HOU)	57
Austin Bergstrom International Airport (AUS)	96