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20661 Cochran Rd, Hempstead, TX, 77445

5beds
3baths
2,048sqft
$250,000
$122price/sqft
$1,971/moest. monthly cost
$78,840/yrincome needed

About This Home

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 distance to the intersection of Business 290, the Greyhound Bus Stop, and Highway 290. Local schools, shopping, and leisure destinations are just minutes away, with Cypress and Brenham only a 20-minute drive. Whether you're looking to build your dream home, develop student housing, or invest in rental property, this location offers excellent potential. Please verify all zoning requirements with the City. All debris will be removed from the property prior to closing.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

5/10
5/10
4/10
Waller High SchoolGrades 8-124.8 mi

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Slab on Builders Pier
  • Roof: Metal
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Multilevel Bedroom,Split Plan
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 2,048 sqft

Property

Details

  • Parcel number: 841000002055000

Features

  • Levels: Multi/Split
  • Stories: 2
  • Fencing: Back Yard

Lot

  • Lot size: 0.30 Acres
  • Features: Cleared,1/4 Up to 1/2 Acre

Parking

  • Parking features: Driveway Gate,No Garage

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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Drought
Hurricane
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$205$2,460
Property Taxes $264$3,168
Electricity $238$2,859
Total$1,971$23,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,577/yr
40% on housing$59,130/yr
45% on housing$52,560/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 4.0%
4.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 77445$555
Waller County$405

vs Homes Sold Last Month

Median $/sqft

ZIP 77445$159
Waller County$159

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)

No zestimate history available

Price History

DateEventPrice
2025-06-14Listed for sale$250,000
2022-09-29Listing removed--
2022-09-07Listed for sale$229,900
2022-09-01Pending sale$229,900
2022-04-27Listed for sale$229,900
2022-04-23Pending sale$229,900
2022-02-27Listed for sale$229,900
2022-02-26Listing removed--
2021-04-07Price change$230,000
2021-01-04Price change$260,000
2020-04-29Price change$310,000
2019-09-20Price change$389,000
2019-05-26Listed for sale$98,000

For Sale by Agent

AgentSharon Boothe-Smith
BrokerageTexas Premier Realty

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