37557 Meadowview Dr, Hempstead, TX, 77445
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Roof: Composition,Energy Star/Reflective Roof
- Construction materials: Brick,Cement Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: ENERGY STAR Qualified Appliances,Disposal,Microwave,Dishwasher
- Laundry features: Washer/Dryer Connections
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Insulated/Low-E windows
- Flooring: Laminate,Tile,Wood
- Fireplace features: Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Window Unit
- Cooling features: Ceiling Fan(s),Electric,Window Unit(s)
Interior Area
- Total structure area: 13,725
- Total interior livable area: 13,725 sqft
Property
Accessibility
- Accessibility features: Customized Wheelchair Accessible
Details
- Parcel number: 595200000021000
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Entrance
Lot
- Lot size: 3.25 Acres
- Features: Subdivided,Cleared,Other
Parking
- Parking features: Electric Gate,Carport,Driveway Gate,Garage,Paved,Workshop in Garage,More Than Two Parking Units
- Has garage: Yes
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Lightning
- Strong Wind
- Drought
- Hurricane
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,618 | $127,416 |
| Home Insurance * | $1,724 | $20,688 |
| Property Taxes | $2,222 | $26,664 |
| Electricity | $1,507 | $18,085 |
| Total | $16,071 | $192,852 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Price change | $1,985,000 |
| 2026-07-01 | Listed for sale | $2,100,000 |
| 2025-07-29 | Listing removed | -- |
| 2025-04-30 | Listed for sale | $3,500,000 |
| 2024-05-03 | Listing removed | -- |
| 2024-02-26 | Price change | $2,250,000 |
| 2023-08-18 | Price change | $2,390,000 |
| 2023-07-06 | Listed for sale | $2,500,000 |
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