FM 1488 Rd, Hempstead, TX 77445
FOR SALE
4.69 ACRES

$498,860

    FM 1488 Rd, Hempstead, TX 77445

    Est. Mortgage $3,287/mo*
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    Home Highlights

    Lot/Land
    4.69 acre lot

    Local Information

    • Map ViewExplore the area around FM 1488 Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Prime unrestricted 4.686 acre tract located at the highly visible corner of FM 1488 and Nelson Road, close to FM 362. With excellent frontage, easy access, and no known restrictions, this property offers endless possibilities for residential, commercial, investment, or mixed-use development. Situated in one of the fastest-growing areas of Waller County, the site provides outstanding exposure, strong traffic counts, and convenient access to Magnolia, Waller, and Northwest Houston. Rare opportunity to own a versatile acreage tract in a rapidly expanding corridor.
    Last check for updates: about 10 hours ago
    Listing courtesy of Mark McLafferty TREC #0585595, (281) 932-7422
    Coldwell Banker Properties
    Source: HAR, MLS#28009866
    Also Listed on HAR.

    Home Details for FM 1488 Rd

    Interior Features

    Appliances & Utilities
    Utilities: Gas Availability Unknown, Cable Unknown, Electricity Available, Sewer Not Available, Water Not AvailableTelephone: Available

    Exterior Features

    Exterior Home Features
    Fencing: FencedNo Private Pool
    Parking & Garage
    No CarportNo Garage

    Days on Market

    Days on Market: 103

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New Construction
    Property Information
    Parcel Number: 637000000001000

    Price & Status

    Price
    List Price: $498,860

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: HempsteadCommunity: Oak Plaza
    School Information
    Elementary School: Fields Store Elementary SchoolJr High / Middle School: Schultz Junior High SchoolHigh School: Waller High SchoolHigh School District: 55 - Waller

    Agent Information

    Listing Agent
    Listing ID: 28009866

    Lot Information

    Lot Area: 4.686 Acres

    Miscellaneous

    Mls Number: 28009866

    Around this home

    What Locals Say about Hempstead

    At least 13 Trulia users voted on each feature.

    • 92 % Say yards are well-kept

    • 85 % Say parking is easy

    • 75 % Say there's holiday spirit

    • 74 % Say kids play outside

    • 72 % Say car is needed

    • 62 % Say it's dog friendly

    • 58 % Say there's wildlife

    • 52 % Say it's walkable to restaurants

    • 48 % Say it's walkable to grocery stores

    • 46 % Say neighbors are friendly

    • 38 % Say they plan to stay for at least 5 years

    • 22 % Say streets are well-lit

    • 19 % Say it's quiet

    • 18 % Say there are community events

    • 18 % Say people would walk alone at night

    • 10 % Say there are sidewalks

    Sourced by Trulia users. Learn more about our methodology.
    • Axj004
      "I've lived in Hempstead my entire life. It's a small town feel and I definitely like that my daughter can go outside and play with me feeling at ease. "
      5
      Flag

    Market trends in Hempstead

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    93

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    31318 Knebel Rd, Waller, TX
    4.33
    Lot/Land
    -
    03/12/26
    -
    -
    23300 Legacy Ln, Hempstead, TX
    4.65
    Lot/Land
    -
    04/13/26
    -
    -
    0 Medicine Man Circle, Hempstead, TX
    4.91
    Lot/Land
    -
    06/05/26
    -
    -
    31174 Courtney Rd, Navasota, TX
    5.38
    Lot/Land
    -
    07/22/26
    -
    -
    29044 Red Fox Dr, Hempstead, TX
    5.14
    Lot/Land
    -
    05/08/26
    -
    -
    26546 Pin Oak Dr, Hempstead, TX
    5.24
    Lot/Land
    -
    05/08/26
    -
    -
    38000 Park View Dr, Hempstead, TX
    5.46
    Lot/Land
    -
    06/08/26
    -
    -
    38006 Park View Dr, Hempstead, TX
    5.47
    Lot/Land
    -
    06/08/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    34114 FM 1488 Rd, Hempstead, TX 77445
    0.13
    $1,749,000
    -
    -
    800
    For Sale
    34483 FM 1488 Rd, Hempstead, TX 77445
    0.21
    $1,038,100
    3
    2.5
    2,058
    Off Market
    25948 Nelson Rd, Hempstead, TX 77445
    0.36
    $795,000
    4
    2.5
    3,516
    For Sale
    6 Nelson Rd #6, Hempstead, TX 77445
    0.37
    $300,000
    -
    -
    -
    For Sale
    4 Nelson Rd #4, Hempstead, TX 77445
    0.41
    $255,000
    -
    -
    -
    For Sale
    0000A Nelson Rd #A, Hempstead, TX 77445
    0.41
    $179,000
    -
    -
    -
    For Sale
    0000B Nelson Rd #B, Hempstead, TX 77445
    0.46
    $145,000
    -
    -
    -
    For Sale
    Nelson Rd #7, Hempstead, TX 77445
    0.52
    $199,000
    -
    -
    -
    For Sale
    Nelson Rd, Hempstead, TX 77445
    0.57
    $2,950,000
    -
    -
    -
    For Sale
    1 Nelson Rd, Hempstead, TX 77445
    0.61
    $530,000
    -
    -
    -
    For Sale
    FM 1488, Waller, TX 77484
    0.64
    $750,000
    -
    -
    -
    For Sale

    Price and Tax history

    DateEventPrice
    Jun 2, 2026
    Source: HAR #28009866
    		Listed For Sale
    $498,860
    Apr 2, 2026
    Source: HAR #14343925
    		ListingRemoved
    $1,250,000
    Feb 17, 2026
    Source: HAR #14343925
    		Pending
    $1,250,000
    Sep 3, 2025
    Source: HAR #14343925
    		PriceChange
    $1,250,000
    Price decreased by 4%
    Aug 19, 2025
    Source: HAR #14343925
    		Listed For Sale
    $1,300,000

    LGBTQ Local Legal Protections

    Mark McLafferty, Coldwell Banker Properties
    Agent Phone: (281) 932-7422
    Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about FM 1488 Rd

    • How big is FM 1488 Rd?
      FM 1488 Rd in Hempstead, TX is about 4.7 acres.
    • What is the price per acre for FM 1488 Rd?
      FM 1488 Rd in Hempstead, TX is listed at $498,860, or about $105K per acre.
    • What do residents say about Hempstead?
      Residents describe Hempstead, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Hempstead, TX.
    • What are the closest schools to FM 1488 Rd?
      The closest schools to FM 1488 Rd in Hempstead, TX are Fields Store Elementary School (Pre-K, rated 5/10), Schultz Junior High School (rated 5/10), Waller High School (rated 4/10).
    FM 1488 Rd, Hempstead, TX 77445 is a lot/land. This property is currently available for sale and was listed by HAR on Jun 2, 2026. The MLS # for this home is MLS# 28009866.