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Hempstead, TX Multifamily Homes & Duplexes for Sale

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  • /14

    $695,000

    • 3,808 Sq Ft

    44537 Old Houston Hwy, Hempstead, TX 77445

    Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development.Each unit is well-positioned for consistent occupancy, with projected gross rental income up to $6,500/month. Ideal workforce

    Agent Photo

    Colt Haack

    Coldwell Banker Properties

    (979) 356-3173

    44537 Old Houston Hwy, Hempstead, TX 77445
  • /10

    $250,000

    • 5 Beds
    • 3 Baths
    • 2,048 Sq Ft

    20661 Cochran Rd, Hempstead, TX 77445

    This sale includes a duplex situated on two platted lots: BLK 2 LOT 55 and BLK 2 LOT 56. The property is currently tenant-occupied and located in a rapidly growing college community with a high demand for student housing—making it a prime investment opportunity. NEEDS SOME TLC/FOUNDATION.Ideally located just over a mile from Prairie View A&M University (PVAMU), it's within walking

    Agent Photo

    Sharon Boothe-Smith

    Texas Premier Realty

    (979) 271-3128

    20661 Cochran Rd, Hempstead, TX 77445
  • /40

    $1,400,000

    • 3 Beds
    • 2.5 Baths
    • 2,483 Sq Ft

    40570 Wildlife Run, Hempstead, TX 77445

    Wildlife-exempt equestrian dream! Set on nearly 19 acres with an active wildlife exemption! This turnkey ranch offers reduced property taxes while preserving native habitat, all within the gated Ranches of Clear Creek. The custom home features vaulted ceilings, wood finishes, a stone fireplace, and wraparound porches with scenic views. Recent upgrades include a new roof and AC units (2025). Built

    Thai Klam Compass RE Texas, LLC.

    40570 Wildlife Run, Hempstead, TX 77445

Why Live in Hempstead

Hempstead, Texas, is a small city experiencing significant growth, located on the edge of Houston’s Metro Area. New developments include a 500-acre H-E-B distribution campus and a $30 million Mustang Cat headquarters, promising job opportunities and community expansion. The local real estate market features a variety of home styles, from cottages and ranches to New Traditionals, with prices ranging from $207,000 to over $1 million. The absence of HOA activity is notable. Recreational options include Hempstead City Park, the public Legendary Oaks Golf Club, and the 39-acre John Fairey Garden. Annual events like the Watermelon Festival and Waller County Fair celebrate local culture. Dining options along 10th Street range from Citizens Coffee & Wine Cafe to Erick’s Mexican Restaurant. Shopping includes downtown boutiques, Arlan’s Market, and larger stores like Walmart and Brookshire Brothers. Hempstead faces weather risks such as flooding and tornadoes, and is car-dependent with a highway providing access to Houston, 53 miles southeast. Easterwood Airport is 46 miles north, and George Bush Intercontinental is 67 miles southeast. Local clinics and CHI St. Joseph Health Bellville Hospital, 15 miles south, serve healthcare needs.

Home Trends in Hempstead, TX

Housing Trends

Median Sale Price
$250,000
Median Single Family Sale Price
$287,900
Average Price Per Sq Ft
$197
Number of Homes for Sale
81
Last 12 months Home Sales
66
Months of Supply
14.70
Median List Price
$322,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
13%
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