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$1,390,000
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Property Description
Approximately 20 +/- acres with 560 feet of frontage along FM 1488 near Mitchell Rd in Waller County. The property is UNRISTRICTED and offers a generally level configuration suitable for a variety of potential future uses, subject to buyer verification. Located North of Prairie View A&M University with convenient access to US 290, providing connectivity to regional employment centers and established growth corridors. The surrounding area includes residential development, educational facilities, and expanding commercial and industrial activity along the US-290 corridor. Open pastureland with natural features, including a pond and tree lines, offering flexibility for site planning. Land is currently under an AG-EXEMPTION and seller will consider a land lease with buyer to allow the ag exemption to continue. Seller will subdivide from a minimum of 10 to 27 acres, subject to seller approval of final tract configuration and survey.
Full Property Details
Full Property Details for Tbd Fm 1488
General
- Price: $1,390,000
- Taxes: $235 (2025)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 20368830
- Updated: 7/22/2026
- Added to Site: 46 day(s) ago
Location
- Area: 26
- County: Waller
- Subdivision: n/a
- Driving Directions: From 290 exit FM362 (Buccee’s) in Waller. Go north on 362 til it dead ends at FM1488. Go west on FM1488 approximately 2 miles. Property is on the south side of FM1488 across from the intersection of FM1488 and Mitchell Road.
School Information
- Elem School District: 55 - Waller
- Midd School District: 55 - Waller
- High School District: 55 - Waller
- Elementary School: H T JONES ELEMENTARY SCHOOL
- Middle School: SCHULTZ JUNIOR HIGH SCHOOL
- High School: WALLER HIGH SCHOOL
Utilities
- Sewer: None
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available
Lot Features
- Lot Size (Acres): 20
- Lot Size Source: Appraiser
- Lot Features: Level, Open Lot, Rolling Slope
- Potential Use: Agricultural, Horses, Manufactured Home, Multi-Family, Single Family
Financial Considerations
- Tax Amount: $235
- Tax Year: 2025
Disclosures and Reports
- Legal Description: ABS A 308400 A-84 BBB&C RR CoTract 11 Acres 27.05 +/- 12.5 a
- Legal Disclosures: None
- APN: 308400-011-000-100
Listed by Wendy Cline Properties Group (281) 858-3451, Wendy Cline (281) 858-3451
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Price & Sales History for Tbd Fm 1488
Date
Details
Price
Change
Source
7/07/2026
Listed
$1,390,000
—
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 Tbd Fm 1488
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,518
201%
$1,251,910
—
2023
$7,156
—
$1,251,910
7%
2023
$7,156
-52%
$1,174,490
51%
2021
$15,065
—
$776,350
75274%
2021
$15,065
-22%
$1,030
—
2020
$19,384
17%
$1,030
—
2018
$16,538
33%
$1,030
-100%
2017
$12,440
88%
$576,750
-1%
2014
$6,626
—
$583,600
—
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 Tbd Fm 1488
Tbd Fm 1488, Hempstead, TX 77445 (MLS# 20368830) is a Lots/Land property with a lot size of 20 acres. Tbd Fm 1488 is currently listed for $1,390,000 and was received on July 07, 2026. Want to learn more about Tbd 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.

