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Live MLS data via Repliers. Not for redistribution. © 2026
  1. Home›
  2. Hempstead homes for sale›
  3. 48600 Highway 290 Bus

$2,500,000

48600 Highway 290 Bus
Hempstead, TX, 77445
16,592sq ft

About this home

Waller County is the second fastest growing county in the US & fastest in Texas as of early 2026 with a 5.7% population increase per US Census. People are moving to Waller County for more affordable land & housing compared to the core Houston area. This bodes well for a successful business. Exceptional opportunity to own 11.318 unrestricted acres w/2 apartments & 16,520 SF event center, ideal for weddings, private events, entertainment, or commercial ventures. Main room is approx. 80x80 w/open layout, raised stage, 17 ft ceilings & concession area. The venue includes elegant finishes, his & hers restrooms, abundant ceiling fans, & thoughtfully designed layout. Ample air & heat w/abundant lighting throughout to create an inviting atmosphere. Additional interior spaces include 24x38 meeting room & 24x27 room . Two on-site apartments provide convenient living quarters for owners, staff, or guests. Large stabilized parking lot. 7.8 AC w/wildlife exemption. Excess land for expansion.

Property details

Year built
2009
Property type
Farm
Style
Country Homes/Acreage
Heating
Electric
Cooling
Ceiling Fan(s), Electric
Water
Well
Sewer
Septic Tank
Lot
11.318 acres
Taxes / yr
$16,560
Estimated monthly
$17,785/mo
P&I $13,306 · Tax $3750/mo · Ins $729/mo

Estimate only. Taxes and insurance are typical TX defaults; check exact figures before buying.

Listed by
Waller County Land Co.
Timothy Phelan
MLS65787386Listed3/25/2026Days on market42
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