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Waller 77445
29170 W Lake Drive
$325,000 Last Listed Price
● House - Off Market

29170 W Lake Drive

Hempstead, TX 77445
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,264 Ft²
$327,520
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Scenic, park-like setting on large community lake provides perfect setting for this comfortable 3 bedroom, 2 bath home. Property is 1.1 acres (2 lots) overlooking lake.Open living concept with huge screened porch that overlooks the lake. Recently installed windows, blinds, roof (transferable warranty) & leafless gutters. Recently built pier provides maximum lake enjoyment. Get ready to relax and do some fishing!
Unit Size
1,264 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$257
Property Type
House
Property Taxes
$149
HOA Dues
$25
Year Built
1968

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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: 6 months ago (HAR #69823941)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Apr 12, 2023 Listed by Waller County Land Co. $325,000
Listed by Waller County Land Co.

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1999
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,133
  • Total Building Area: 1,264
  • Gross Building Area: 1,544
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNWOOD LAKES
  • Land Acres: 0000001105
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • State Land Use Code: A
  • Legal Description 1: S574000 LYNNWOOD LAKES LOT 17 & 18 & 10 STRIP BY 17 ACRES 1.105

Neighborhood

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

Geography

  • Subdivision Tract Number: 17
  • Parcel: 23185
  • Lot: 17,18
  • Municipality: HEMPSTEAD
  • Latitude: 30.2052
  • Longitude: -95.9938

    Address

  • Full Address: 29170 W Lake Dr
  • Address - House Number: 29170
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Hempstead
  • Carrier Code: R001
  • 4-Digit Zip Code: 7797
  • Zip Code: 77445

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,873
  • Tax Rate Code Area: SWR

    Appraisal Valuation

  • Standard Deviation: 0.2159
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 308,763
  • High Value: 375,437
  • Low Value: 242,088

    Market Valuation

  • Market Total Value: $191,960
  • Market Land Value: $46,410
  • Market Improvement Value: $145,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,960
  • Assessed Land Value: $46,410
  • Assessed Improvements Value: $145,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5447
  • Previous Sale Recording Date: Sep 10, 2007
  • Previous Sale Contract Date: Sep 07, 2007
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: 70
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:

$359,990

Sale Price/ft²

$171

Above Asking

0.00%

Average Days on Market

74

Average Home Size

2451 ft²

Average Home Age

6.2 years

Currently For Sale

941 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

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HAR

Listed by: Timothy Phelan, Waller County Land Co.
Last Updated: 6 months ago
Data Source: HAR , MLS# 69823941
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 29170 West Lake Drive built and last sold?
The property at 29170 West Lake Drive was built in 1968 and last sold on May 12, 2023 for $389,025.
How much is this home worth?
The estimated value of the home located at 29170 West Lake Drive is $327,893.
What are some comparable homes to 29170 West Lake Drive?
There are currently no comparable homes to 29170 West Lake Drive.
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