For sale

Price cut: $400K (8/15)

$1,950,000

32675 Fm 1488 Rd, Hempstead, TX 77445

3beds

1,695sqft

$13,755/mo

Get pre-qualified

Farm

Built in 2015

34.96 Acres Lot

$1,830,500 Zestimate^®

$1,150/sqft

$-- HOA

What's special

Water wellWorking barnThree established ponds

Ag-Exempt working property with no HOA, no restrictions, and fully unincorporated. Located in the historic Fields Store Community along the FM 1488 corridor with 433' of road frontage, directly across from the iconic Burleson Ranch horse statue. The 34.96 cross-fenced acres feature a 3-bedroom, 2-bath home with a water well, aerobic septic system, sunroom, and Generac generator. Inside, a custom pantry/utility room area leads directly to an attached 2-car garage. Livestock-ready, the acreage features three established ponds for an excellent, year-round water source. The utility footprint includes a working barn and storage cabin that overlooks the big pond. Both have electric and water. At the front of the property sits a 780 sq ft building with a deck and tractor/hay carport attached to a 2-car carport for additional parking. Exterior water and septic lines are already established nearby for an easy future bathroom installation. Back 15 acres are partially wooded and fully fenced.

61 days
100
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Utility Room

Primary bedroom

Level: First
Area: 233.75
Dimensions: 15'0" x 15'7"

Bedroom

Level: First
Area: 151.25
Dimensions: 11'0"x13'9"

Bedroom

Level: First
Area: 155.07
Dimensions: 12'10" x 12'1"

Other

Level: First
Area: 24.44
Dimensions: 5'4"x4'7"

Other

Level: First
Area: 66.07
Dimensions: 11'10'x5'7"

Dining room

Level: First
Area: 154.44
Dimensions: 11'7"x13'4"

Kitchen

Level: First
Area: 99.38
Dimensions: 11'3"x8'10"

Living room

Level: First
Area: 327.75
Dimensions: 17'3"x19'0"

Primary bath

Level: First
Area: 77.78
Dimensions: 8'4"x9'4"

Sunroom

Features: In House
Area: 155.07
Dimensions: 16'11"x9'2"

Utility room

Level: First
Area: 102.19
Dimensions: 11'3"x9'1"

Heating

Natural Gas

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Dryer, Refrigerator, Washer, Gas Oven, Microwave, Gas Range, Dishwasher

Features

All Bedrooms Down, Walk-In Closet(s)
Flooring: Wood

Interior area

Total structure area: 1,695
Total interior livable area: 1,695 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Stories: 1
Fencing: Cross Fenced

Lot

Size: 34.96 Acres
Features: Pasture, 20 Up to 50 Acres

Details

Additional structures: Barn(s)
Parcel number: 334700003000100

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Farm

Condition

New construction: No
Year built: 2015

Utilities & green energy

Sewer: Aerobic Septic
Water: Well

Community & HOA

Location

Region: Hempstead

Financial & listing details

Price per square foot: $1,150/sqft
Tax assessed value: $1,117,090
Annual tax amount: $4,439
Date on market: 7/5/2026
Listing terms: Cash,Conventional,Owner Will Carry,VA Loan
Road surface type: Dirt

Estimated market value

$1,830,500

$1.74M - $1.92M

$2,391/mo

Price history

Date	Event	Price
8/15/2026	Price change	$1,950,000-17%$1,150/sqft
Source: HAR #10112633 Report a problem
7/5/2026	Listed for sale	$2,350,000$1,386/sqft
Source: HAR #10112633 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$935	$1,117,090 -0.2%
2024	--	$1,119,780 +4.4%
2023	$902 +0.6%	$1,072,316 +37.5%
2022	$896	$779,990 -11.2%
2021	--	$878,030 +6.7%
2020	$889	$822,700 +9.5%
2019	--	$751,660 +290.4%
2018	$3,147	$192,520 +1.9%
2017	$3,147 +253.1%	$188,960 +10.4%
2016	$891	$171,140 +331.3%
2015	$891	$39,680 -0.9%
2014	$891	$40,040 +0.8%
2013	--	$39,740 -1.3%
2012	--	$40,260 -83.1%
2011	--	$238,910 +515.1%
2010	--	$38,840 -1.3%
2009	--	$39,360
2008	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--