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Waller 77445
23727 Legacy Lane
$415,000 Last Listed Price
● House - Off Market

23727 Legacy Lane

Hempstead, TX 77445
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,239 Ft²
$462,755
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Custom 4/2.5/2 home on 3 acres is located in the quiet & serene Legacy Estates.  This small acreage subdivision is conveniently located just off Hwy 6 with easy access to 290 .  Home is light and bright with a lovely view from the back patio.  You will find an open concept with lots of natural light, wood burning fireplace, island kitchen, split floor plan and formal dining/home office.
Unit Size
2,239 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$185
Property Type
House
Property Taxes
$661
HOA Dues
-
Year Built
2016

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (HAR #45545557)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Sep 27, 2021 Listed by Waller County Land Co. $415,000
Listed by Waller County Land Co.
Custom 4/2.5/2 home on 3 acres is located in the quiet & serene Legacy Estates. This small acreage subdivision is conveniently located just off Hwy 6 with easy access to 290 . Home is light and bright with a lovely view from the back patio. You will find an open concept with lots of natural light, wood burning fireplace, island kitchen, split floor plan and formal dining/home office.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2017
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 2,239
  • Gross Building Area: 2,239
  • Building Area: 2,239
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,239
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEGACY ESTATES SUB
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • State Land Use Code: A
  • Legal Description 1: S565920 LEGACY ESTATES SUB LOT 22 ACRES 3.0

Neighborhood

  • School District Name: Hempstead Independent School District
  • Census Tract: 680502

Geography

  • Subdivision Tract Number: 22
  • Parcel: 225497
  • Lot: 22
  • Municipality: HEMPSTEAD
  • Latitude: 30.1623
  • Longitude: -96.0376

    Address

  • Full Address: 23727 Legacy Ln
  • Address - House Number: 23727
  • Address - Street Name: Legacy
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Hempstead
  • Carrier Code: R001
  • 4-Digit Zip Code: 1530
  • Zip Code: 77445

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $750,865
  • Tax Rate Code Area: SHD

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 553,477
  • High Value: 679,769
  • Low Value: 427,184

    Market Valuation

  • Market Total Value: $556,260
  • Market Land Value: $174,000
  • Market Improvement Value: $382,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,156

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2113735
  • Previous Sale Recording Date: Jul 07, 2016
  • Previous Sale Contract Date: Jul 01, 2016
  • Previous Sale Amount: $70,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waller

Stats & Trends

Median Asking:

$354,990

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2474 ft²

Average Home Age

6.3 years

Currently For Sale

1071 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 24600 Nine Bar Road, TX, 77445

$5,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,804 ft²
24600 Nine Bar Road, TX, 77445 Listing by Rosa Acosta

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Rendy Elizalde, Waller County Land Co.
Last Updated: 5 months ago
Data Source: HAR , MLS# 45545557
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 23727 Legacy Lane built and last sold?
The property at 23727 Legacy Lane was built in 2016 and last sold on Nov 18, 2021 for $494,000.
How much is this home worth?
The estimated value of the home located at 23727 Legacy Lane is $423,610.
What are some comparable homes to 23727 Legacy Lane?
There are currently no comparable homes to 23727 Legacy Lane.
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