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53447 Highway 290, Hempstead, TX, 77445

--beds
0baths
4,737sqft
$2,250,000
$475price/sqft
$17,014/moest. monthly cost
$680,560/yrincome needed

About This Home

Great opportunity to acquire an established event venue in the rapidly expanding northern Waller County, adjacent to Harris and Montgomery Counties. Directly off the US-290 corridor, midway between Houston and Austin, this facility welcomes guests with a beautifully landscapes entry and spacious parking area with easy access to multiple indoor options to accommodate any number of guests for a variety of functions. This magnificent contemporary event venue offers the nostalgia of years gone by combined with modern elegance. Perfect for outdoor or indoor events. Outdoor amenities include acres of manicured grassy areas among beautiful tall trees.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
5/10
Hempstead Middle SchoolGrades 6-84.3 mi
3/10
Hempstead High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 1949

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Features

  • 2 Primary Bedrooms,Primary Bed - 1st Floor,Primary Bed - 2nd Floor

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 4,737
  • Total interior livable area: 4,737 sqft

Property

Accessibility

  • Accessibility features: Master Bath Disabled Access

Details

  • Parcel number: 303200077002100

Lot

  • Lot size: 8.55 Acres
  • Features: 5 Up to 10 Acres

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 $11,377$136,524
Home Insurance *$1,847$22,164
Property Taxes $3,270$39,240
Electricity $520$6,241
Total$17,014$204,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$583,337/yr
40% on housing$510,420/yr
45% on housing$453,706/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

$475This listing

vs Other Active Listings

Avg $/sqft

ZIP 77445$547
Waller County$403

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
2025-11-07Price change$2,490,000
2025-04-17Listed for sale$2,790,000
2015-03-14Listing removed$699,900
2015-02-21Pending sale$699,900
2014-11-01Price change$699,900
2014-09-12Listed for sale$750,000

For Sale by Agent

AgentMelissa Hegemeyer
BrokerageHegemeyer Realty & Associates

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