Welcome to Meadow view Estates! This incredible investment opportunity features 15 rental units sitting on approximately 3.25 acres in the heart of Hempstead. Come enjoy peace and quiet in this private community while only being a short commute from Cypress, Tomball, College Station & so much more! Great opportunity to run your commercial business out of the double garage/shop's while the single family & multi family units create passive income for you and your business! The owner took extreme pride in building these units & it shows. Clean paved driveways & parking spaces for each and every unit. Secure access via the remote control gate. 10 mature Oak trees scattered throughout the property. This property truly is one-of-a-kind. ALL completed units currently have tenants in place allowing for you to cash flow starting from day 1! 3 single family, 2 duplex's, 1 triplex, 1 5 unit apartment building under construction.
Beautiful trees shade the 4.11 acres with 4 rental properties that are 100% occupied. 3/1, 2/1, 1/1 and 1/1. The property has a quonset hut & Beautiful shade trees. Close to 290 and the Waller Fair grounds.
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Hempstead is located in Texas. Hempstead, Texas has a population of 5,709. Hempstead is less family-centric than the surrounding county with 19.49% of the households containing married families with children. The county average for households married with children is 33.48%.
The median household income in Hempstead, Texas is $37,043. The median household income for the surrounding county is $65,379 compared to the national median of $69,021. The median age of people living in Hempstead is 23.9 years.
The average high temperature in July is 94.1 degrees, with an average low temperature in January of 38.4 degrees. The average rainfall is approximately 42.7 inches per year, with 0 inches of snow per year.