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$498,860 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 0 Fm 1488
General
- Price: $498,860
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 28009866
- Updated: 6/2/2026
- Added to Site: 3 day(s) ago
Location
- Area: 26
- County: Waller
- Subdivision: Oak Plaza
- Driving Directions: From Hwy 290 in Waller - Go north on FM 362 to FM 1488, Turn Left. Go 1/4 mile to property on right. Corner of 1488 & Nelson Rd.
School Information
- Elem School District: 55 - Waller
- Midd School District: 55 - Waller
- High School District: 55 - Waller
- Elementary School: FIELDS STORE ELEMENTARY SCHOOL
- Middle School: SCHULTZ JUNIOR HIGH SCHOOL
- High School: WALLER HIGH SCHOOL
Utilities
- Sewer: None
- Water: None
- Utility Description: Electricity Available, Phone Available
Lot Features
- Lot Size (Acres): 4.686
- Lot Size Source: Survey
- Lot Features: Cleared, Corner Lot
- Potential Use: Agricultural, Cattle, Horses, Ranch, Single Family
- Fencing (Description): Fenced
Disclosures and Reports
- Legal Description: S637000 OAK PLAZA LOT 3
- Legal Disclosures: None
- APN: 637000-000-001-000
Listed by Coldwell Banker Properties (936) 931-3011, Mark McLafferty (281) 932-7422
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Price & Sales History for 0 Fm 1488
Date
Details
Price
Change
Source
6/02/2026
Listed
$498,860
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Fm 1488
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4
300%
$240
9%
2023
$1
—
$220
22%
2023
$1
-67%
$180
20%
2021
$3
—
$150
7%
2020
$3
—
$140
—
2018
$3
—
$140
-7%
2017
$3
—
$150
-6%
2017
$3
-25%
$160
—
2014
$4
—
$160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Fm 1488
0 Fm 1488, Hempstead, TX 77445 (MLS# 28009866) is a Lots/Land property with a lot size of 4.686 acres. 0 Fm 1488 is currently listed for $498,860 and was received on June 02, 2026. Want to learn more about 0 Fm 1488? Do you have questions about finding other Lots/Land real estate for sale in Hempstead? You can browse all Hempstead real estate or contact a Coldwell Banker agent to request more information.

