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Waller 77445
38280 Park View Drive
$289,930 Last Listed Price
● House - Off Market

38280 Park View Drive

Hempstead, TX 77445
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,572 Ft²
$1,433
Est. Monthly
$9
HOA / Fees

About This Property

Beautiful NEW one story, 3 bedroom, 2 bath, 3 CAR GARAGE, with extended patio, 1,572 square foot former MODEL HOME on 1/2 acre lot is ready for move in! Homes feature lots of upgrades- 8 foot doors, 10 foot ceilings, granite throughout to list a few. An open floor plan in the kitchen/living room/dining. High ceilings, granite countertops, stainless steel appliances, spacious primary bed/bath, garden tub, glass encased shower, his/her vanities. Large windows for abundant natural light throughout.Deerwood amenities include Lakes, HUGE Park, Pool & clubhouse. Hempstead has fine schools, parks, and a low cost of living/family friendly area with country style living. You can live in an area where you have neighbors nearby or enjoy your solitude with some acreage surrounding you.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$184
Property Type
House
Property Taxes
-
HOA Dues
$9
Year Built
2020

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #19003949)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Apr 20, 2024 In contract -
In contract
Apr 11, 2024 Price Decreased $289,930
↓ $4K (1.4%)
Price Decreased
Apr 4, 2024 Price Decreased $294,000
↓ $5K (1.7%)
Price Decreased
Mar 26, 2024 Price Increased $299,000
↑ $9K (3.1%)
Price Increased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2021
  • 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: 742
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,538
  • Gross Building Area: 1,538
  • Building Area: 1,538
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,538
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERWOOD LAKES 3
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • State Land Use Code: A
  • Legal Description 1: S455300 DEERWOOD LAKES 3 LOT 1

Neighborhood

  • School District Name: Waller Independent School District
  • Census Tract: 680501

Geography

  • Subdivision Tract Number: 1
  • Parcel: 17525
  • Lot: 1
  • Municipality: HEMPSTEAD
  • Latitude: 30.2039
  • Longitude: -96.0252

    Address

  • Full Address: 38280 Park View Dr
  • Address - House Number: 38280
  • Address - Street Name: Park View
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Hempstead
  • Zip Code: 77445

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $444,211
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: SWR

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 290,950
  • High Value: 355,145
  • Low Value: 226,756

    Market Valuation

  • Market Total Value: $258,496
  • Market Land Value: $29,520
  • Market Improvement Value: $228,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,496
  • Assessed Land Value: $29,520
  • Assessed Improvements Value: $228,976

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2106136
  • Previous Sale Recording Date: Dec 09, 2020
  • Previous Sale Contract Date: Dec 04, 2020
  • Previous Sale Amount: $201,300
  • 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

Below Asking

0.01%

Average Days on Market

74

Average Home Size

2446 ft²

Average Home Age

6.2 years

Currently For Sale

958 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

Rentals Near You

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HAR

Listed by: Brandy Mayr, eXp Realty LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 19003949
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 38280 Park View Drive built and last sold?
The property at 38280 Park View Drive was built in 2020 and last sold on May 26, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 38280 Park View Drive is $291,232.
What are some comparable homes to 38280 Park View Drive?
There are currently no comparable homes to 38280 Park View Drive.
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