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Hempstead, TX High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hempstead, Texas Market population: 6K. Compare commercial properties across all major asset classes with...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Hempstead TX Properties: 1.7200%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Hempstead TX

Common questions from investors exploring commercial real estate in Hempstead TX.

What's the overall market stability like in Hempstead, TX? +
The 26.6% poverty rate combined with 75.9% health insurance coverage suggests a working-class market with some employment stability, and the 24.4-minute average commute time indicates relatively easy access to jobs, which is a plus for renters and investors alike.
How does the ethnic diversity and industry mix impact market demand? +
The diverse population with top ethnicities being Black, Hispanic, and White, along with top industries like Finance & Insurance and Retail Trade, suggests a stable demand for housing, especially considering the relatively low median property value of $83,700 and the fact that 37.8% of the population are homeowners.
What are the implications of the poverty rate and health insurance coverage for tenant quality? +
The 26.6% poverty rate is a concern, but the 75.9% health insurance coverage rate mitigates this risk to some extent, indicating that many residents have access to employment with benefits, which can lead to more reliable tenants and reduced turnover rates for investors.
How do commute times and methods impact the quality of life for residents and investors? +
The average commute time of 24.4 minutes is relatively low, and the fact that most residents drive alone or carpool suggests that the city's infrastructure is conducive to easy transportation, which is a major quality-of-life factor that can attract residents and support property values.
What's the potential for property appreciation given the current economic and demographic trends? +
Given the median property value of $83,700 and the median household income of $35,842, there's potential for property appreciation, especially considering the diverse economy with top industries like Finance & Insurance and Manufacturing, and the relatively low poverty rate compared to other similar cities, which suggests a stable and growing local economy.

Hempstead TX Real Estate & City Facts

Key facts and real estate information about Hempstead TX.

What are some of the best neighborhoods to live in Hempstead? +
Some of the best neighborhoods to live in Hempstead include Rolling Hills, Hempstead NW, and Brookshire. Rolling Hills is a peaceful, tree-filled neighborhood known for its beautiful landscapes and quiet atmosphere. Hempstead NW is a quiet, residential neighborhood with a friendly community and peaceful atmosphere, making it a great mix of families and young professionals. Brookshire is also a highly-rated neighborhood in the area, offering a range of housing options and a strong sense of community.
What are some fun things to do in Hempstead? +
There are plenty of fun things to do in Hempstead, including visiting the Dilorio Farms, exploring the John Fairey Garden, and checking out the Marshall Car Museum and Showroom. You can also attend the Watermelon Festival, visit the Katy Prairie Welcome Center, or take a scenic drive through the countryside. For outdoor enthusiasts, there are plenty of opportunities for hiking, birding, and exploring the local parks and nature reserves.
What is the food scene like in Hempstead? +
The food scene in Hempstead is diverse and delicious, with a range of restaurants serving everything from steak to seafood. Some popular spots include Citizens Coffee & Wine Café, Steak 48, and Taste of Texas. You can also find great barbecue, Mexican food, and Southern cuisine in the area. Additionally, there are plenty of food trucks and roadside stands serving up fresh produce and local specialties.
What are the pros and cons of living in Hempstead? +
The pros of living in Hempstead include its peaceful and quiet atmosphere, friendly community, and convenient location near Houston. However, some cons include limited job opportunities, a relatively high poverty rate, and some areas of town that are considered less safe. Additionally, the town's small size can make it feel isolated from larger cities and cultural events. Overall, Hempstead is a great choice for those looking for a relaxed, small-town lifestyle, but may not be the best fit for everyone.
Is Hempstead a good place to live? +
Hempstead can be a good place to live for those who value a peaceful, small-town atmosphere and a strong sense of community. The town has a lot to offer, including beautiful parks, a rich history, and a range of outdoor recreational activities. However, it's not without its challenges, including limited job opportunities and some areas of town that are considered less safe. Ultimately, whether or not Hempstead is a good place to live depends on your individual priorities and preferences. If you're looking for a relaxed, affordable lifestyle with a strong sense of community, Hempstead may be worth considering.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Hempstead TX Commercial Property: $35,842

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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