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Waller 77445
51 Windmill Dr Drive
$169,999 Last Listed Price
● Land - Off Market

51 Windmill Dr Drive

Hempstead, TX 77445
bedrooms
Studio
bathrooms
0 Bath
$1,086
Est. Monthly
$13
HOA / Fees
Unit Size
-
Days on Market
-
Land Size
2.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$238
HOA Dues
$13
Year Built
2020

Payment Calculator

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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: 4 months ago (HAR #84380689)

Price History

Date / Event Date Event Price
Apr 15, 2024 Sold
Premium
Sold
Mar 24, 2024 In contract -
In contract
Oct 31, 2023 Listed by Crystal Fife Realty, LLC $169,999
Listed by Crystal Fife Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,169
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERWOOD ESTATES 2
  • Land Acres: 0000002070
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • State Land Use Code: A
  • Legal Description 1: S739200 RIVERWOOD ESTATES 2 LOT 51 ACRES 2.07

Neighborhood

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

Geography

  • Subdivision Tract Number: 51
  • Parcel: 26430
  • Lot: 51
  • Municipality: HEMPSTEAD
  • Latitude: 30.0464
  • Longitude: -96.08

    Address

  • Full Address: 51 Windmill Dr
  • Address - House Number: 51
  • Address - Street Name: Windmill
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Hempstead
  • Zip Code: 77445

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $249,937
  • Tax Rate Code Area: SHD

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 185,150
  • High Value: 230,408
  • Low Value: 139,893

    Market Valuation

  • Market Total Value: $160,160
  • Market Land Value: $159,390
  • Market Improvement Value: $770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,160
  • Assessed Land Value: $159,390
  • Assessed Improvements Value: $770

    Sales

  • Current Sale Recording Date: May 17, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6417
  • Previous Sale Recording Date: Apr 15, 2011
  • Previous Sale Contract Date: Apr 15, 2011
  • Previous Sale Amount: $30,900
  • 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:

$354,990

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

69

Average Home Size

2475 ft²

Average Home Age

6.6 years

Currently For Sale

1078 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: Crystal Krivacka, Crystal Fife Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 84380689
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 51 Windmill Drive built and last sold?
The property at 51 Windmill Drive was built in 2020 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 51 Windmill Drive is $171,699.
What are some comparable homes to 51 Windmill Drive?
There are currently no comparable homes to 51 Windmill Drive.
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